Edgio Inc Price on September 12, 2024
| EGIODelisted Stock | USD 0.02 0.00 0.00% |
If you're considering investing in Edgio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edgio stands at 0.02, as last reported on the 1st of January, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Edgio is out of control given 3 months investment horizon. Edgio Inc secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the company had a 0.28% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 83.29% are justified by taking the suggested risk. Use Edgio Mean Deviation of 4040.78, coefficient of variation of 605.06, and Downside Deviation of 51.65 to evaluate company specific risk that cannot be diversified away.
Edgio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Edgio |
Sharpe Ratio = 0.2848
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Estimated Market Risk
| 292.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Edgio is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Edgio by adding it to a well-diversified portfolio.
Edgio Valuation on September 12, 2024
It is possible to determine the worth of Edgio on a given historical date. On September 12, 2024 Edgio was worth 1.05 at the beginning of the trading date compared to the closed value of 2.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edgio stock. Still, in general, we apply an absolute valuation method to find Edgio's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Edgio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edgio's related companies.
| Open | High | Low | Close | Volume | |
| 0.89 | 1.19 | 0.83 | 0.98 | 11,244,417 | |
09/12/2024 | 1.05 | 2.88 | 1.02 | 2.14 | 106,746,744 |
| 1.37 | 2.46 | 1.37 | 1.56 | 15,212,404 |
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Edgio Trading Date Momentum on September 12, 2024
| On September 13 2024 Edgio Inc was traded for 1.56 at the closing time. The top price for the day was 2.46 and the lowest listed price was 1.37 . The trading volume for the day was 15.2 M. The trading history from September 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 27.10% . The overall trading delta against the current closing price is 97.66% . |
Edgio Inc Fundamentals Correlations and Trends
By evaluating Edgio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Edgio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edgio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Edgio Stock history
Edgio investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Edgio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edgio Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Edgio stock prices may prove useful in developing a viable investing in Edgio
Edgio, Inc. provides edge-enabled software solutions through an integrated delivery, applications, and streaming platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Edgio, Inc. was founded in 2001 and is headquartered in Tempe, Arizona. Edgio operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1317 people.
Edgio Stock Technical Analysis
Edgio technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Edgio Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Edgio Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Edgio January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Edgio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edgio shares will generate the highest return on investment. By undertsting and applying Edgio stock market strength indicators, traders can identify Edgio Inc entry and exit signals to maximize returns
Edgio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edgio's price direction in advance. Along with the technical and fundamental analysis of Edgio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edgio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1432 | |||
| Jensen Alpha | 2118.04 | |||
| Total Risk Alpha | 2104.99 | |||
| Sortino Ratio | 41.01 | |||
| Treynor Ratio | 22.3 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Edgio Stock
If you are still planning to invest in Edgio Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edgio's history and understand the potential risks before investing.
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