Electra Battery Materials Stock Price on March 5, 2024
| ELBM Stock | 0.54 0.05 8.47% |
Below is the normalized historical share price chart for Electra Battery Materials extending back to October 11, 2012. 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 Electra Battery stands at 0.54, as last reported on the 21st of December, with the highest price reaching 0.56 and the lowest price hitting 0.54 during the day.
If you're considering investing in Electra Stock, it is important to understand the factors that can impact its price. Electra Battery Materials secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of risk over the last 3 months. Electra Battery Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electra Battery's Mean Deviation of 2.51, variance of 10.22, and Standard Deviation of 3.2 to check the risk estimate we provide.
At this time, Electra Battery's Total Stockholder Equity is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 21 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 15.9 M in 2024. . At this time, Electra Battery's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 0.28 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 3.24 in 2024. Electra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.6672 | 50 Day MA 0.7186 | Beta 1.947 |
Electra |
Sharpe Ratio = -0.2135
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| Negative Returns | ELBM |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electra Battery 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 Electra Battery by adding Electra Battery to a well-diversified portfolio.
Price Book 0.4883 | Book Value 1.491 | Enterprise Value 82.7 M | Enterprise Value Ebitda (2.91) | Shares Float 49.7 M |
Electra Battery Valuation on March 5, 2024
It is possible to determine the worth of Electra Battery on a given historical date. On March 5, 2024 Electra was worth 0.71 at the beginning of the trading date compared to the closed value of 0.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electra Battery stock. Still, in general, we apply an absolute valuation method to find Electra Battery'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 Electra Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electra Battery's related companies.
| Open | High | Low | Close | Volume | |
| 0.77 | 0.77 | 0.70 | 0.70 | 27,900 | |
03/05/2024 | 0.71 | 0.75 | 0.71 | 0.75 | 14,200 |
| 0.75 | 0.75 | 0.71 | 0.72 | 23,500 |
| Backtest Electra Battery | | | Electra Battery History | | | Electra Battery Valuation | Previous | Next |
Electra Battery Trading Date Momentum on March 5, 2024
| On March 06 2024 Electra Battery Materials was traded for 0.72 at the closing time. The maximum traded price for the trading interval was 0.75 and the lowest daily price was 0.71 . The daily volume was recorded at 23.5 K. The volume of trading on 6th of March 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.00% . The overall trading delta to the closing price today is 6.67% . |
Electra Battery Materials Fundamentals Correlations and Trends
By evaluating Electra Battery'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 Electra Battery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electra Battery Stock history
Electra Battery 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 Electra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electra Battery Materials 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 Electra Battery stock prices may prove useful in developing a viable investing in Electra Battery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 55.9 M | 53.1 M | |
| Net Income Applicable To Common Shares | 14.4 M | 15.2 M |
Electra Battery Stock Technical Analysis
Electra Battery 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
Electra Battery Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Electra Battery Materials cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Electra Battery December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Electra Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electra Battery shares will generate the highest return on investment. By undertsting and applying Electra Battery stock market strength indicators, traders can identify Electra Battery Materials entry and exit signals to maximize returns
Electra Battery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electra Battery's price direction in advance. Along with the technical and fundamental analysis of Electra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electra 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 | (0.16) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 37.24 |
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Additional Tools for Electra Stock Analysis
When running Electra Battery's price analysis, check to measure Electra Battery'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 Electra Battery is operating at the current time. Most of Electra Battery's value examination focuses on studying past and present price action to predict the probability of Electra Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra Battery's price. Additionally, you may evaluate how the addition of Electra Battery to your portfolios can decrease your overall portfolio volatility.