Elevance Health Stock Price on November 28, 2024
| ELV Stock | USD 388.46 13.47 3.35% |
Below is the normalized historical share price chart for Elevance Health extending back to October 30, 2001. 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 Elevance Health stands at 388.46, as last reported on the 26th of February, with the highest price reaching 388.46 and the lowest price hitting 388.46 during the day.
If you're considering investing in Elevance Stock, it is important to understand the factors that can impact its price. Elevance Health secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Elevance Health exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elevance Health's Downside Deviation of 1.35, mean deviation of 1.19, and Coefficient Of Variation of 6868.73 to check the risk estimate we provide.
At this time, Elevance Health's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 11.1 B in 2025, whereas Liabilities And Stockholders Equity is likely to drop slightly above 60.5 B in 2025. . Price Earnings Ratio is likely to climb to 19.39 in 2025, whereas Price To Sales Ratio is likely to drop 0.46 in 2025. Elevance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 2001 | 200 Day MA 473.1296 | 50 Day MA 385.9226 | Beta 0.842 |
Elevance |
Sharpe Ratio = -0.0013
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| Negative Returns | ELV |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elevance Health 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 Elevance Health by adding Elevance Health to a well-diversified portfolio.
Price Book 2.12 | Price Sales 0.4954 | Shares Float 226.9 M | Dividend Share 6.52 | Wall Street Target Price 494.2868 |
Related Headline
Alignment Healthcare Headline on 27th of November 2024
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Filed transaction by Alignment Healthcare LLC Officer: Chief Experience Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Elevance Health Valuation on November 28, 2024
It is possible to determine the worth of Elevance Health on a given historical date. On November 28, 2024 Elevance was worth 399.83 at the beginning of the trading date compared to the closed value of 401.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevance Health stock. Still, in general, we apply an absolute valuation method to find Elevance Health'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 Elevance Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevance Health's related companies.
| Open | High | Low | Close | Volume | |
| 407.09 | 407.09 | 396.40 | 400.32 | 1,611,238 | |
11/27/2024 | 399.83 | 406.07 | 399.82 | 401.11 | 1,179,428 |
| 399.38 | 408.08 | 398.81 | 405.30 | 1,580,944 |
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Elevance Health Trading Date Momentum on November 28, 2024
| On November 29 2024 Elevance Health was traded for 405.30 at the closing time. Highest Elevance Health's price during the trading hours was 408.08 and the lowest price during the day was 398.81 . The net volume was 1.6 M. The overall trading history on the 29th of November contributed to the next trading period price increase. The overall trading delta to the next next day price was 1.04% . The overall trading delta to current price is 4.34% . |
Elevance Health Fundamentals Correlations and Trends
By evaluating Elevance Health'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 Elevance Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elevance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elevance Health Stock history
Elevance Health 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 Elevance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevance Health 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 Elevance Health stock prices may prove useful in developing a viable investing in Elevance Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 232.9 M | 259.2 M | |
| Net Income Applicable To Common Shares | 6.9 B | 7.3 B |
Elevance Health Stock Technical Analysis
Elevance Health 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
Elevance Health Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Elevance Health cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Elevance Health February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Elevance Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elevance Health shares will generate the highest return on investment. By undertsting and applying Elevance Health stock market strength indicators, traders can identify Elevance Health entry and exit signals to maximize returns
Elevance Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elevance Health's price direction in advance. Along with the technical and fundamental analysis of Elevance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elevance 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 | 0.0159 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.0056 | |||
| Treynor Ratio | 0.0148 |
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Additional Tools for Elevance Stock Analysis
When running Elevance Health's price analysis, check to measure Elevance Health'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 Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.