EROAD (Australia) Price on December 18, 2024

ERD Stock   1.07  0.07  7.00%   
Below is the normalized historical share price chart for EROAD extending back to September 22, 2020. 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 EROAD stands at 1.07, as last reported on the 25th of December, with the highest price reaching 1.07 and the lowest price hitting 1.00 during the day.
200 Day MA
0.9514
50 Day MA
0.8423
Beta
2.035
 
Covid
If you're considering investing in EROAD Stock, it is important to understand the factors that can impact its price. EROAD secures Sharpe Ratio (or Efficiency) of -0.0216, which denotes the company had a -0.0216% return per unit of risk over the last 3 months. EROAD exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EROAD's Standard Deviation of 3.3, mean deviation of 2.35, and Coefficient Of Variation of (21,331) to check the risk estimate we provide.
  
At this time, EROAD's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 455.2 M in 2024, whereas Capital Stock is likely to drop slightly above 256.3 M in 2024. . EROAD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0216

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Estimated Market Risk

 3.32
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average EROAD 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 EROAD by adding EROAD to a well-diversified portfolio.
Price Book
0.7067
Book Value
1.643
Enterprise Value
211.3 M
Enterprise Value Ebitda
5.057
Price Sales
1.0952

EROAD Valuation on December 18, 2024

It is possible to determine the worth of EROAD on a given historical date. On December 18, 2024 EROAD was worth 0.86 at the beginning of the trading date compared to the closed value of 0.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EROAD stock. Still, in general, we apply an absolute valuation method to find EROAD'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 EROAD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EROAD's related companies.
 Open High Low Close Volume
  0.89    0.89    0.86    0.86    907.00  
12/18/2024
  0.86    0.88    0.86    0.88    1,159  
  0.86    0.93    0.86    0.93    9,516  
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Open Value
0.86
0.88
Closing Value
10.82
Upside

EROAD Trading Date Momentum on December 18, 2024

On December 19 2024 EROAD was traded for  0.93  at the closing time. The maximum traded price for the trading interval was 0.93  and the lowest daily price was  0.86 . The daily volume was recorded at 9.5 K. The volume of trading on 19th of December 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 5.68% . The overall trading delta to the closing price today is 15.91% .

EROAD Fundamentals Correlations and Trends

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

About EROAD Stock history

EROAD 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 EROAD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EROAD 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 EROAD stock prices may prove useful in developing a viable investing in EROAD
Last ReportedProjected for Next Year
Common Stock Shares Outstanding149.7 M93.6 M
Net Loss-8.6 M-8.2 M

EROAD Stock Technical Analysis

EROAD 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.
A focus of EROAD technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EROAD 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

EROAD Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

EROAD cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

EROAD December 25, 2024 Market Strength

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

EROAD Technical and Predictive Indicators

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

Additional Tools for EROAD Stock Analysis

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