E3 Lithium Stock Price on May 25, 2023
| ETL Stock | 0.99 0.03 2.94% |
Below is the normalized historical share price chart for E3 Lithium extending back to December 31, 1999. 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 E3 Lithium stands at 0.99, as last reported on the 11th of December 2024, with the highest price reaching 1.04 and the lowest price hitting 0.99 during the day.
If you're considering investing in ETL Stock, it is important to understand the factors that can impact its price. E3 Lithium retains Efficiency (Sharpe Ratio) of -0.12, which denotes the company had a -0.12% return per unit of price deviation over the last 3 months. E3 Lithium exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E3 Lithium's Market Risk Adjusted Performance of (0.20), standard deviation of 3.13, and Information Ratio of (0.09) to check the risk estimate we provide.
Issuance Of Capital Stock is likely to climb to about 32.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 34.6 M in 2024. . Price To Sales Ratio is likely to drop to 178.51 in 2024. Price Earnings Ratio is likely to climb to -15.83 in 2024. ETL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.3922 | 50 Day MA 1.1119 | Beta 0.66 |
ETL |
Sharpe Ratio = -0.1193
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| Negative Returns | ETL |
Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average E3 Lithium 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 E3 Lithium by adding E3 Lithium to a well-diversified portfolio.
Price Book 1.4212 | Book Value 0.761 | Enterprise Value 54.4 M | Enterprise Value Ebitda (22.81) | Shares Float 73.1 M |
E3 Lithium Valuation on May 25, 2023
It is possible to determine the worth of E3 Lithium on a given historical date. On May 25, 2023 ETL was worth 2.6 at the beginning of the trading date compared to the closed value of 2.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E3 Lithium stock. Still, in general, we apply an absolute valuation method to find E3 Lithium'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 E3 Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E3 Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 2.65 | 2.69 | 2.53 | 2.55 | 197,900 | |
05/25/2023 | 2.60 | 2.63 | 2.55 | 2.57 | 64,000 |
| 2.63 | 2.63 | 2.52 | 2.53 | 93,314 |
| Backtest E3 Lithium | | | E3 Lithium History | | | E3 Lithium Valuation | Previous | Next |
E3 Lithium Trading Date Momentum on May 25, 2023
| On May 26 2023 E3 Lithium was traded for 2.53 at the closing time. The highest daily price throughout the period was 2.63 and the lowest price was 2.52 . The daily volume was 93.3 K. The net trading volume on 05/26/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.56% . The overall trading delta to current closing price is 13.23% . |
E3 Lithium Fundamentals Correlations and Trends
By evaluating E3 Lithium'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 E3 Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About E3 Lithium Stock history
E3 Lithium 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 ETL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E3 Lithium 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 E3 Lithium stock prices may prove useful in developing a viable investing in E3 Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75.1 M | 65.4 M |
E3 Lithium Quarterly Net Working Capital |
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E3 Lithium Stock Technical Analysis
E3 Lithium 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
E3 Lithium Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
E3 Lithium cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
E3 Lithium December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how E3 Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E3 Lithium shares will generate the highest return on investment. By undertsting and applying E3 Lithium stock market strength indicators, traders can identify E3 Lithium entry and exit signals to maximize returns
E3 Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for E3 Lithium's price direction in advance. Along with the technical and fundamental analysis of ETL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETL 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 | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.21) |
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Additional Tools for ETL Stock Analysis
When running E3 Lithium's price analysis, check to measure E3 Lithium'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 E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.