Elite Color (China) Price History

002998 Stock   6.89  0.09  1.32%   
Below is the normalized historical share price chart for Elite Color Environmental extending back to September 25, 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 Elite Color stands at 6.89, as last reported on the 4th of December, with the highest price reaching 6.89 and the lowest price hitting 6.72 during the day.
200 Day MA
5.9809
50 Day MA
6.0336
Beta
0.739
 
Covid
If you're considering investing in Elite Stock, it is important to understand the factors that can impact its price. Elite Color appears to be slightly risky, given 3 months investment horizon. Elite Color Environmental secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing Elite Color's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Elite Color's Downside Deviation of 2.59, mean deviation of 2.07, and Coefficient Of Variation of 534.01 to check if our risk estimates are consistent with your expectations.
  
At present, Elite Color's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 102.7 M, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. . Elite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1768

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Estimated Market Risk

 2.95
  actual daily
26
74% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Elite Color is performing at about 13% 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 Elite Color by adding it to a well-diversified portfolio.
Price Book
1.2602
Enterprise Value Ebitda
16.282
Price Sales
0.9268
Shares Float
149.6 M
Wall Street Target Price
9

Elite Color Stock Price History Chart

There are several ways to analyze Elite Stock price data. The simplest method is using a basic Elite candlestick price chart, which shows Elite Color price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 20247.28
Lowest PriceSeptember 18, 20244.85

Elite Color December 4, 2024 Stock Price Synopsis

Various analyses of Elite Color's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Elite Stock. It can be used to describe the percentage change in the price of Elite Color from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Elite Stock.
Elite Color Price Action Indicator 0.13 
Elite Color Price Rate Of Daily Change 1.01 
Elite Color Price Daily Balance Of Power 0.53 

Elite Color December 4, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Elite Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Elite Color intraday prices and daily technical indicators to check the level of noise trading in Elite Stock and then apply it to test your longer-term investment strategies against Elite.

Elite Stock Price History Data

The price series of Elite Color for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 2.43 with a coefficient of variation of 10.8. The prices are distributed with arithmetic mean of 5.84. The median price for the last 90 days is 5.86. The company issued dividends on 2024-06-13.
OpenHighLowCloseVolume
12/04/2024
 6.83  6.89  6.72  6.89 
12/03/2024 6.83  6.89  6.72  6.89  9,861,500 
12/02/2024 6.69  6.83  6.69  6.80  10,456,876 
11/29/2024 6.80  7.00  6.64  6.75  14,191,134 
11/28/2024 6.56  6.77  6.53  6.69  15,943,840 
11/27/2024 6.80  6.83  6.39  6.59  22,897,663 
11/26/2024 6.80  7.60  6.78  6.88  38,749,890 
11/25/2024 6.80  7.28  6.56  7.28  19,461,828 
11/22/2024 6.80  6.87  6.61  6.62  7,728,242 
11/21/2024 6.72  6.85  6.68  6.84  8,830,620 
11/20/2024 6.47  6.81  6.40  6.76  12,660,602 
11/19/2024 6.33  6.53  6.19  6.47  7,842,338 
11/18/2024 6.33  6.34  6.13  6.19  4,629,100 
11/15/2024 6.36  6.39  6.24  6.26  4,594,507 
11/14/2024 6.36  6.55  6.27  6.28  4,003,100 
11/13/2024 6.36  6.49  6.32  6.46  4,448,400 
11/12/2024 6.36  6.54  6.36  6.42  5,079,500 
11/11/2024 6.36  6.49  6.35  6.49  4,556,935 
11/08/2024 6.36  6.42  6.29  6.37  5,296,664 
11/07/2024 6.20  6.36  6.15  6.36  5,926,500 
11/06/2024 6.20  6.24  6.15  6.20  5,106,854 
11/05/2024 6.20  6.21  6.09  6.19  5,426,800 
11/04/2024 6.02  6.12  6.01  6.11  4,064,458 
11/01/2024 6.20  6.22  5.98  6.04  5,993,447 
10/31/2024 6.08  6.26  6.07  6.19  4,284,100 
10/30/2024 6.08  6.17  6.01  6.09  4,520,521 
10/29/2024 6.27  6.32  6.10  6.11  7,613,782 
10/28/2024 6.02  6.30  6.01  6.28  7,714,328 
10/25/2024 5.87  6.03  5.87  6.02  5,802,382 
10/24/2024 5.82  5.89  5.80  5.88  4,478,603 
10/23/2024 5.83  5.90  5.81  5.84  4,803,446 
10/22/2024 5.70  5.83  5.69  5.83  6,103,831 
10/21/2024 5.75  5.78  5.69  5.72  5,055,692 
10/18/2024 5.62  5.77  5.56  5.71  5,893,203 
10/17/2024 5.73  5.78  5.59  5.59  3,976,300 
10/16/2024 5.64  5.74  5.61  5.68  3,869,200 
10/15/2024 5.75  5.80  5.68  5.70  7,342,600 
10/14/2024 5.73  5.87  5.73  5.85  5,179,912 
10/11/2024 5.75  5.94  5.67  5.73  6,137,869 
10/10/2024 5.94  6.03  5.84  5.93  7,878,472 
10/09/2024 6.25  6.25  5.84  5.86  10,962,800 
10/08/2024 6.66  6.66  5.98  6.30  15,517,639 
09/30/2024 5.75  6.10  5.62  6.05  13,838,256 
09/27/2024 5.48  5.68  5.46  5.61  6,978,335 
09/26/2024 5.26  5.40  5.26  5.40  3,703,600 
09/25/2024 5.25  5.35  5.20  5.27  5,874,269 
09/24/2024 5.03  5.19  4.99  5.18  5,235,780 
09/23/2024 5.03  5.05  4.95  4.97  3,246,100 
09/20/2024 5.03  5.05  4.96  4.99  2,372,880 
09/19/2024 5.03  5.05  4.86  5.03  5,284,400 
09/18/2024 4.96  4.99  4.78  4.85  4,418,400 
09/13/2024 5.03  5.06  4.96  4.97  3,708,100 
09/12/2024 5.08  5.12  5.05  5.06  4,707,350 
09/11/2024 5.19  5.20  5.03  5.08  12,976,827 
09/10/2024 5.22  5.80  5.18  5.25  14,719,850 
09/09/2024 5.22  5.27  5.12  5.27  4,641,934 
09/06/2024 5.22  5.22  5.14  5.17  3,147,300 
09/05/2024 5.14  5.22  5.14  5.22  2,296,800 
09/04/2024 5.17  5.21  5.11  5.14  2,665,700 
09/03/2024 5.17  5.22  5.13  5.18  2,182,900 
09/02/2024 5.19  5.24  5.15  5.17  3,437,502 

About Elite Color Stock history

Elite Color 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 Elite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elite Color Environmental 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 Elite Color stock prices may prove useful in developing a viable investing in Elite Color
Last ReportedProjected for Next Year
Common Stock Shares Outstanding326.4 M319.6 M
Net Income Applicable To Common Shares89.3 M98.7 M

Elite Color Quarterly Net Working Capital

977.85 Million

Elite Color Stock Technical Analysis

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

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Elite Color Technical and Predictive Indicators

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

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