Ess Tech Stock Price on December 9, 2024

GWH Stock  USD 5.09  0.18  3.42%   
If you're considering investing in ESS Stock, it is important to understand the factors that can impact its price. As of today, the current price of ESS Tech stands at 5.09, as last reported on the 17th of December 2024, with the highest price reaching 5.22 and the lowest price hitting 4.85 during the day. ESS Tech secures Sharpe Ratio (or Efficiency) of -0.0153, which denotes the company had a -0.0153% return per unit of volatility over the last 3 months. ESS Tech exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ESS Tech's Mean Deviation of 5.11, market risk adjusted performance of 0.0714, and Downside Deviation of 7.67 to check the risk estimate we provide.
  
As of now, ESS Tech's Common Stock Shares Outstanding is increasing as compared to previous years. The ESS Tech's current Common Stock Total Equity is estimated to increase to about 19.3 K, while Total Stockholder Equity is projected to decrease to under 95.2 M. . As of now, ESS Tech's Price To Sales Ratio is decreasing as compared to previous years. The ESS Tech's current Price Earnings To Growth Ratio is estimated to increase to 0.39, while Price Earnings Ratio is projected to decrease to (37.02). ESS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0153

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Estimated Market Risk

 7.16
  actual daily
63
63% of assets are less volatile

Expected Return

 -0.11
  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 ESS Tech 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 ESS Tech by adding ESS Tech to a well-diversified portfolio.
Price Book
1.2293
Enterprise Value Ebitda
(0.15)
Price Sales
8.1438
Shares Float
4.7 M
Wall Street Target Price
10.5

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ESS Tech Valuation on December 9, 2024

It is possible to determine the worth of ESS Tech on a given historical date. On December 9, 2024 ESS was worth 5.44 at the beginning of the trading date compared to the closed value of 5.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESS Tech stock. Still, in general, we apply an absolute valuation method to find ESS Tech'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 ESS Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESS Tech's related companies.
 Open High Low Close Volume
  5.75    5.79    5.40    5.44    96,719  
12/09/2024
  5.44    6.05    5.35    5.85    98,740  
  5.76    6.00    5.42    5.49    38,220  
Backtest ESS Tech  |  ESS Tech History  |  ESS Tech Valuation   PreviousNext  
Open Value
5.44
5.85
Closing Value
26.92
Upside

ESS Tech Trading Date Momentum on December 9, 2024

On December 10 2024 ESS Tech was traded for  5.49  at the closing time. Highest ESS Tech's price during the trading hours was 6.00  and the lowest price during the day was  5.42 . The net volume was 38.2 K. The overall trading history on the 10th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 6.15% . The overall trading delta to current price is 14.36% .

ESS Tech Fundamentals Correlations and Trends

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

About ESS Tech Stock history

ESS Tech 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 ESS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESS Tech 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 ESS Tech stock prices may prove useful in developing a viable investing in ESS Tech
Last ReportedProjected for Next Year
Common Stock Shares Outstanding160 M168 M
Net Loss-70.2 M-73.7 M

ESS Tech Stock Technical Analysis

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

ESS Tech Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ESS Tech 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.

ESS Tech December 17, 2024 Market Strength

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

ESS Tech Technical and Predictive Indicators

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

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