Elevate Uranium Stock Price on September 9, 2024

ELVUF Stock  USD 0.17  0.01  5.56%   
If you're considering investing in Elevate OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elevate Uranium stands at 0.17, as last reported on the 11th of December 2024, with the highest price reaching 0.18 and the lowest price hitting 0.17 during the day. Elevate Uranium appears to be out of control, given 3 months investment horizon. Elevate Uranium secures Sharpe Ratio (or Efficiency) of 0.0312, which denotes the company had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elevate Uranium, which you can use to evaluate the volatility of the firm. Please utilize Elevate Uranium's Mean Deviation of 5.51, downside deviation of 9.45, and Coefficient Of Variation of 3277.2 to check if our risk estimates are consistent with your expectations.
  
Elevate OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0312

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Estimated Market Risk

 8.95
  actual daily
79
79% of assets are less volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Elevate Uranium is performing at about 2% 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 Elevate Uranium by adding it to a well-diversified portfolio.

Elevate Uranium Valuation on September 9, 2024

It is possible to determine the worth of Elevate Uranium on a given historical date. On September 9, 2024 Elevate was worth 0.17 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevate Uranium otc stock. Still, in general, we apply an absolute valuation method to find Elevate Uranium'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 Elevate Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevate Uranium's related companies.
 Open High Low Close Volume
  0.19    0.19    0.19    0.19    5,882  
09/09/2024
  0.17    0.18    0.17    0.18    42,000  
  0.18    0.18    0.18    0.18    1.00  
Backtest Elevate Uranium  |  Elevate Uranium History  |  Elevate Uranium Valuation   PreviousNext  
Open Value
0.17
0.18
Closing Value
27.02
Upside

Elevate Uranium Trading Date Momentum on September 9, 2024

On September 10 2024 Elevate Uranium was traded for  0.18  at the closing time. The highest daily price throughout the period was 0.18  and the lowest price was  0.18 . There was no trading activity during the period 1.0. Lack of trading volume on 09/10/2024 did not affect price variability. The overall trading delta to current closing price is 11.11% .

Elevate Uranium Fundamentals Correlations and Trends

By evaluating Elevate Uranium'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 Elevate Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elevate financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Elevate Uranium OTC Stock history

Elevate Uranium 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 Elevate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevate Uranium 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 Elevate Uranium stock prices may prove useful in developing a viable investing in Elevate Uranium
Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits. Elevate Uranium Ltd was incorporated in 1978 and is headquartered in West Perth, Australia. Elevate Uranium operates under Uranium classification in the United States and is traded on OTC Exchange.

Elevate Uranium OTC Stock Technical Analysis

Elevate Uranium technical otc 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, otc market cycles, or different charting patterns.
A focus of Elevate Uranium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elevate Uranium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Elevate Uranium Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Elevate Uranium cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Elevate Uranium December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Elevate Uranium otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elevate Uranium shares will generate the highest return on investment. By undertsting and applying Elevate Uranium otc stock market strength indicators, traders can identify Elevate Uranium entry and exit signals to maximize returns

Elevate Uranium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elevate Uranium's price direction in advance. Along with the technical and fundamental analysis of Elevate OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elevate 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.

Complementary Tools for Elevate OTC Stock analysis

When running Elevate Uranium's price analysis, check to measure Elevate Uranium'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 Elevate Uranium is operating at the current time. Most of Elevate Uranium's value examination focuses on studying past and present price action to predict the probability of Elevate Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevate Uranium's price. Additionally, you may evaluate how the addition of Elevate Uranium to your portfolios can decrease your overall portfolio volatility.
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