Ellington Financial Stock Price on December 4, 2024

EFC-PD Stock   24.00  0.28  1.18%   
If you're considering investing in Ellington Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ellington Financial stands at 24.00, as last reported on the 6th of December, with the highest price reaching 24.00 and the lowest price hitting 24.00 during the day. At this point, Ellington Financial is very steady. Ellington Financial secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ellington Financial, which you can use to evaluate the volatility of the firm. Please confirm Ellington Financial's Coefficient Of Variation of 963.85, downside deviation of 1.87, and Mean Deviation of 0.8725 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Ellington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1038

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Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Ellington Financial is performing at about 8% 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 Ellington Financial by adding it to a well-diversified portfolio.

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Ellington Financial Valuation on December 4, 2024

It is possible to determine the worth of Ellington Financial on a given historical date. On December 4, 2024 Ellington was worth 23.93 at the beginning of the trading date compared to the closed value of 23.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ellington Financial stock. Still, in general, we apply an absolute valuation method to find Ellington Financial'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 Ellington Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ellington Financial's related companies.
 Open High Low Close Volume
  23.95    23.95    23.17    23.30    520.00  
12/04/2024
  23.93    23.93    23.72    23.72    1,427  
  24.00    24.00    24.00    24.00    102.00  
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Open Value
23.93
23.72
Closing Value
28.05
Upside

Ellington Financial Trading Date Momentum on December 4, 2024

On December 05 2024 Ellington Financial was traded for  24.00  at the closing time. The maximum traded price for the trading interval was 24.00  and the lowest daily price was  24.00 . The daily volume was recorded at 102. The volume of trading on 5th of December 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.18% . The overall trading delta to the closing price today is 1.18% .

Ellington Financial Fundamentals Correlations and Trends

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

About Ellington Financial Stock history

Ellington Financial 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 Ellington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ellington Financial 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 Ellington Financial stock prices may prove useful in developing a viable investing in Ellington Financial

Ellington Financial Stock Technical Analysis

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

Ellington Financial Period Price Range

Low
December 6, 2024
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High

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 0.00 

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Ellington Financial December 6, 2024 Market Strength

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

Ellington Financial Technical and Predictive Indicators

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

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