Electra Battery Materials Stock Price on November 19, 2024
| ELBM Stock | USD 0.50 0.03 6.38% |
Below is the normalized historical share price chart for Electra Battery Materials extending back to March 14, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Electra Battery stands at 0.50, as last reported on the 29th of November, with the highest price reaching 0.50 and the lowest price hitting 0.47 during the day.
If you're considering investing in Electra Stock, it is important to understand the factors that can impact its price. Electra Battery Materials secures Sharpe Ratio (or Efficiency) of -0.071, which denotes the company had a -0.071% return per unit of risk over the last 3 months. Electra Battery Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electra Battery's Standard Deviation of 4.61, mean deviation of 3.4, and Variance of 21.23 to check the risk estimate we provide.
At this time, Electra Battery's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 28.3 M, while Total Stockholder Equity is likely to drop about 76.8 M. . At this time, Electra Battery's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 0.28, while Price Earnings To Growth Ratio is likely to drop 3.24. Electra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of March 2017 | 200 Day MA 0.4976 | 50 Day MA 0.567 | Beta 1.947 |
Electra |
Sharpe Ratio = -0.071
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| Negative Returns | ELBM |
Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electra Battery is not performing at its full potential. However, 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 Electra Battery by adding Electra Battery to a well-diversified portfolio.
Price Book 0.5812 | Book Value 1.491 | Enterprise Value 63.8 M | Enterprise Value Ebitda (3.42) | Shares Float 49.7 M |
Electra Battery Valuation on November 19, 2024
It is possible to determine the worth of Electra Battery on a given historical date. On November 19, 2024 Electra was worth 0.51 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electra Battery stock. Still, in general, we apply an absolute valuation method to find Electra Battery'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 Electra Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electra Battery's related companies.
| Open | High | Low | Close | Volume | |
| 0.51 | 0.53 | 0.49 | 0.50 | 65,982 | |
11/19/2024 | 0.51 | 0.52 | 0.46 | 0.51 | 69,508 |
| 0.50 | 0.50 | 0.48 | 0.49 | 80,887 |
| Backtest Electra Battery | | | Electra Battery History | | | Electra Battery Valuation | Previous | Next |
Electra Battery Trading Date Momentum on November 19, 2024
| On November 20 2024 Electra Battery Materials was traded for 0.49 at the closing time. The top price for the day was 0.50 and the lowest listed price was 0.48 . The trading volume for the day was 80.9 K. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.92% . The overall trading delta against the current closing price is 3.92% . |
Electra Battery Materials Fundamentals Correlations and Trends
By evaluating Electra Battery'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 Electra Battery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electra Battery Stock history
Electra Battery 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 Electra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electra Battery Materials 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 Electra Battery stock prices may prove useful in developing a viable investing in Electra Battery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.4 M | 45.6 M | |
| Net Income Applicable To Common Shares | 14.4 M | 15.2 M |
Electra Battery Stock Technical Analysis
Electra Battery 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, stock market cycles, or different charting patterns.
Price Boundaries
Electra Battery Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Electra Battery Materials 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.
Electra Battery November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Electra Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electra Battery shares will generate the highest return on investment. By undertsting and applying Electra Battery stock market strength indicators, traders can identify Electra Battery Materials entry and exit signals to maximize returns
Electra Battery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electra Battery's price direction in advance. Along with the technical and fundamental analysis of Electra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electra 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 | (0.03) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.30) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electra Battery. If investors know Electra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.