Elevai Labs, Common Stock Price on December 11, 2024

ELAB Stock   2.29  0.06  2.69%   
If you're considering investing in Elevai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elevai Labs, stands at 2.29, as last reported on the 14th of December 2024, with the highest price reaching 2.40 and the lowest price hitting 2.18 during the day. Elevai Labs, Common secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Elevai Labs, Common exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elevai Labs,'s Variance of 245.12, mean deviation of 9.49, and Standard Deviation of 15.66 to check the risk estimate we provide.
  
At present, Elevai Labs,'s Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 11.6 M, whereas Common Stock is forecasted to decline to 1,235. . At present, Elevai Labs,'s Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1,079, whereas Price To Sales Ratio is forecasted to decline to 2,182. Elevai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2235

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Estimated Market Risk

 15.74
  actual daily
96
96% of assets are less volatile

Expected Return

 -3.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Elevai Labs, 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 Elevai Labs, by adding Elevai Labs, to a well-diversified portfolio.
Price Book
0.801
Price Sales
3.0936
Shares Float
16.1 M
Earnings Share
(88.92)
Shares Short
48.8 K

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Elevai Labs, Valuation on December 11, 2024

It is possible to determine the worth of Elevai Labs, on a given historical date. On December 11, 2024 Elevai was worth 2.37 at the beginning of the trading date compared to the closed value of 2.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elevai Labs, stock. Still, in general, we apply an absolute valuation method to find Elevai Labs,'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 Elevai Labs, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elevai Labs,'s related companies.
 Open High Low Close Volume
  2.10    2.83    2.10    2.57    2,282,095  
12/11/2024
  2.37    2.55    2.13    2.49    639,558  
  2.42    2.46    2.18    2.23    369,737  
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Open Value
2.37
2.49
Closing Value
49.58
Upside

Elevai Labs, Trading Date Momentum on December 11, 2024

On December 12 2024 Elevai Labs, Common was traded for  2.23  at the closing time. The top price for the day was 2.46  and the lowest listed price was  2.18 . The trading volume for the day was 369.7 K. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 10.44% . The overall trading delta against the current closing price is 10.44% .

Elevai Labs, Common Fundamentals Correlations and Trends

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

About Elevai Labs, Stock history

Elevai Labs, 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 Elevai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elevai Labs, Common 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 Elevai Labs, stock prices may prove useful in developing a viable investing in Elevai Labs,
Last ReportedProjected for Next Year
Common Stock Shares Outstanding10.7 M11.6 M

Elevai Labs, Stock Technical Analysis

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

Elevai Labs, Period Price Range

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Elevai Labs, Common cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Elevai Labs, December 14, 2024 Market Strength

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

Elevai Labs, Technical and Predictive Indicators

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

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