ELITE MEAT (Mauritius) Price on December 16, 2024
| ELIT Stock | 1.93 0.00 0.00% |
If you're considering investing in ELITE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ELITE MEAT stands at 1.93, as last reported on the 13th of January 2025, with the highest price reaching 1.93 and the lowest price hitting 1.93 during the day. At this point, ELITE MEAT is somewhat reliable. ELITE MEAT PROCESSORS secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for ELITE MEAT PROCESSORS, which you can use to evaluate the volatility of the firm. Please confirm ELITE MEAT's standard deviation of 0.8481, and Mean Deviation of 0.3198 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
ELITE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ELITE |
Sharpe Ratio = 0.1925
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average ELITE MEAT is performing at about 15% 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 ELITE MEAT by adding it to a well-diversified portfolio.
ELITE MEAT Valuation on December 16, 2024
It is possible to determine the worth of ELITE MEAT on a given historical date. On December 16, 2024 ELITE was worth 1.85 at the beginning of the trading date compared to the closed value of 1.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ELITE MEAT stock. Still, in general, we apply an absolute valuation method to find ELITE MEAT'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 ELITE MEAT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ELITE MEAT's related companies.
| Open | High | Low | Close | Volume | |
| 1.85 | 1.85 | 1.85 | 1.85 | 1.00 | |
12/16/2024 | 1.85 | 1.85 | 1.85 | 1.85 | 1.00 |
| 1.85 | 1.85 | 1.85 | 1.85 | 1.00 |
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ELITE MEAT Trading Date Momentum on December 16, 2024
| On December 17 2024 ELITE MEAT PROCESSORS was traded for 1.85 at the closing time. The highest price during the trading period was 1.85 and the lowest recorded bid was listed for 1.85 . There was no trading activity during the period 1.0. Lack of trading volume on December 17, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Boundaries
ELITE MEAT Period Price Range
Low | January 13, 2025
| High |
0.00 | 0.00 |
ELITE MEAT PROCESSORS cannot be verified against its exchange. Please verify the symbol is currently traded on Stock Exchange of Mauritius. 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.
ELITE MEAT January 13, 2025 Market Strength
Market strength indicators help investors to evaluate how ELITE MEAT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELITE MEAT shares will generate the highest return on investment. By undertsting and applying ELITE MEAT stock market strength indicators, traders can identify ELITE MEAT PROCESSORS entry and exit signals to maximize returns
ELITE MEAT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ELITE MEAT's price direction in advance. Along with the technical and fundamental analysis of ELITE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ELITE 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 | 0.1615 | |||
| Jensen Alpha | 0.1645 | |||
| Total Risk Alpha | 0.1685 | |||
| Treynor Ratio | 0.2246 |
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| Volume Indicators |
Complementary Tools for ELITE Stock analysis
When running ELITE MEAT's price analysis, check to measure ELITE MEAT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ELITE MEAT is operating at the current time. Most of ELITE MEAT's value examination focuses on studying past and present price action to predict the probability of ELITE MEAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELITE MEAT's price. Additionally, you may evaluate how the addition of ELITE MEAT to your portfolios can decrease your overall portfolio volatility.
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