Elevate Uranium (Australia) Price on December 24, 2024
| EL8 Stock | 0.24 0.01 4.00% |
Below is the normalized historical share price chart for Elevate Uranium extending back to April 02, 1993. 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 Elevate Uranium stands at 0.24, as last reported on the 27th of December, with the highest price reaching 0.28 and the lowest price hitting 0.24 during the day.
If you're considering investing in Elevate Stock, it is important to understand the factors that can impact its price. Elevate Uranium secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Elevate Uranium exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elevate Uranium's Standard Deviation of 4.61, variance of 21.28, and Mean Deviation of 3.31 to check the risk estimate we provide.
At this time, Elevate Uranium's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 13.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 258.8 K in 2024. . Elevate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3903 | 50 Day MA 0.3071 | Beta 0.955 |
Elevate |
Sharpe Ratio = -0.16
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| Negative Returns | EL8 |
Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elevate Uranium 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 Elevate Uranium by adding Elevate Uranium to a well-diversified portfolio.
Price Book 7.8572 | Book Value 0.038 | Enterprise Value 81.8 M | Enterprise Value Ebitda (10.46) | Price Sales 529.7 K |
Elevate Uranium Valuation on December 24, 2024
It is possible to determine the worth of Elevate Uranium on a given historical date. On December 24, 2024 Elevate was worth 0.26 at the beginning of the trading date compared to the closed value of 0.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevate Uranium stock. Still, in general, we apply an absolute valuation method to find Elevate Uranium'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 Elevate Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevate Uranium's related companies.
| Open | High | Low | Close | Volume | |
| 0.25 | 0.27 | 0.25 | 0.25 | 1,861,813 | |
12/24/2024 | 0.26 | 0.28 | 0.24 | 0.24 | 753,082 |
| 0.26 | 0.28 | 0.24 | 0.24 | 0.00 |
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Elevate Uranium Trading Date Momentum on December 24, 2024
| On December 27 2024 Elevate Uranium was traded for 0.24 at the closing time. The maximum traded price for the trading interval was 0.28 and the lowest daily price was 0.24 . There was no trading activity during the period 0.0. Lack of trading volume on 27th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 8.33% . |
Elevate Uranium Fundamentals Correlations and Trends
By evaluating Elevate Uranium'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 Elevate Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elevate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elevate Uranium Stock history
Elevate Uranium 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 Elevate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevate Uranium 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 Elevate Uranium stock prices may prove useful in developing a viable investing in Elevate Uranium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 294.8 M | 309.5 M | |
| Net Loss | -7.9 M | -7.5 M |
Elevate Uranium Quarterly Net Working Capital |
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Elevate Uranium Stock Technical Analysis
Elevate Uranium 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
Elevate Uranium Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Elevate Uranium 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.
Elevate Uranium December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Elevate Uranium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elevate Uranium shares will generate the highest return on investment. By undertsting and applying Elevate Uranium stock market strength indicators, traders can identify Elevate Uranium entry and exit signals to maximize returns
Elevate Uranium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elevate Uranium's price direction in advance. Along with the technical and fundamental analysis of Elevate Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elevate 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 | (0.09) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (2.94) |
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Additional Tools for Elevate Stock Analysis
When running Elevate Uranium's price analysis, check to measure Elevate Uranium'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 Elevate Uranium is operating at the current time. Most of Elevate Uranium's value examination focuses on studying past and present price action to predict the probability of Elevate Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevate Uranium's price. Additionally, you may evaluate how the addition of Elevate Uranium to your portfolios can decrease your overall portfolio volatility.