Elong Power Holding Stock Price on October 7, 2024
| ELPW Stock | 1.12 0.05 4.67% |
If you're considering investing in Elong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elong Power stands at 1.12, as last reported on the 15th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.04 during the day. Elong Power Holding secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Elong Power Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elong Power's Standard Deviation of 11.63, variance of 135.22, and Mean Deviation of 6.27 to check the risk estimate we provide.
Elong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elong |
Sharpe Ratio = -0.217
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Estimated Market Risk
| 11.71 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elong Power 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 Elong Power by adding Elong Power to a well-diversified portfolio.
Related Headline
Bloom Energy Headline on 7th of October 2024
Disposition of 110000 shares by Satish Chitoori of Bloom Ene... by Satish Chitoori
Filed transaction by Bloom Energy Corp Officer Chief Operations Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Elong Power Valuation on October 7, 2024
It is possible to determine the worth of Elong Power on a given historical date. On October 7, 2024 Elong was worth 11.24 at the beginning of the trading date compared to the closed value of 11.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elong Power stock. Still, in general, we apply an absolute valuation method to find Elong Power'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 Elong Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elong Power's related companies.
| Open | High | Low | Close | Volume | |
| 11.24 | 11.24 | 11.24 | 11.24 | 1.00 | |
10/07/2024 | 11.24 | 11.24 | 11.24 | 11.24 | 1.00 |
| 11.22 | 11.23 | 11.22 | 11.22 | 102,200 |
| Backtest Elong Power | | | Elong Power History | | | Elong Power Valuation | Previous | Next |
Elong Power Trading Date Momentum on October 7, 2024
| On October 08 2024 Elong Power Holding was traded for 11.22 at the closing time. The top price for the day was 11.23 and the lowest listed price was 11.22 . The trading volume for the day was 102.2 K. The trading history from October 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.18% . The overall trading delta against the current closing price is 0.09% . |
About Elong Power Stock history
Elong Power 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 Elong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elong Power Holding 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 Elong Power stock prices may prove useful in developing a viable investing in Elong Power
Elong Power Stock Technical Analysis
Elong Power 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
Elong Power Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Elong Power Holding 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.
Elong Power December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Elong Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elong Power shares will generate the highest return on investment. By undertsting and applying Elong Power stock market strength indicators, traders can identify Elong Power Holding entry and exit signals to maximize returns
Elong Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elong Power's price direction in advance. Along with the technical and fundamental analysis of Elong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elong 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 | (0.15) | |||
| Jensen Alpha | (2.36) | |||
| Total Risk Alpha | (3.95) | |||
| Treynor Ratio | 1.51 |
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Additional Tools for Elong Stock Analysis
When running Elong Power's price analysis, check to measure Elong Power'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 Elong Power is operating at the current time. Most of Elong Power's value examination focuses on studying past and present price action to predict the probability of Elong Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elong Power's price. Additionally, you may evaluate how the addition of Elong Power to your portfolios can decrease your overall portfolio volatility.