Esab Corp Stock Price on March 16, 2023

ESAB Stock  USD 120.67  1.45  1.19%   
If you're considering investing in ESAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of ESAB Corp stands at 120.67, as last reported on the 22nd of December, with the highest price reaching 124.33 and the lowest price hitting 119.61 during the day. ESAB Corp appears to be very steady, given 3 months investment horizon. ESAB Corp retains Efficiency (Sharpe Ratio) 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-nine technical indicators for ESAB Corp, which you can use to evaluate the volatility of the firm. Please utilize ESAB Corp's Downside Deviation of 1.39, market risk adjusted performance of 0.1651, and Coefficient Of Variation of 1006.29 to check if our risk estimates are consistent with your expectations.
  
At present, ESAB Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 66.2 M, whereas Common Stock is forecasted to decline to about 51.3 K. . At present, ESAB Corp's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.41, whereas Price To Sales Ratio is forecasted to decline to 1.14. ESAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1014

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Estimated Market Risk

 2.26
  actual daily
20
80% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average ESAB Corp is performing at about 7% 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 ESAB Corp by adding it to a well-diversified portfolio.
Price Book
3.9705
Enterprise Value Ebitda
15.8028
Price Sales
2.6434
Shares Float
56.6 M
Dividend Share
0.28

ESAB Corp Valuation on March 16, 2023

It is possible to determine the worth of ESAB Corp on a given historical date. On March 16, 2023 ESAB was worth 57.57 at the beginning of the trading date compared to the closed value of 59.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESAB Corp stock. Still, in general, we apply an absolute valuation method to find ESAB Corp'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 ESAB Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESAB Corp's related companies.
 Open High Low Close Volume
  58.96    59.28    56.26    58.07    475,300  
03/16/2023
  57.57    59.84    57.35    59.75    295,400  
  59.94    59.94    57.70    58.74    1,041,600  
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Open Value
57.57
59.75
Closing Value
64.34
Upside

ESAB Corp Trading Date Momentum on March 16, 2023

On March 17 2023 ESAB Corp was traded for  58.74  at the closing time. The top price for the day was 59.94  and the lowest listed price was  57.70 . The trading volume for the day was 1 M. The trading history from March 17, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.69% . The overall trading delta against the current closing price is 4.94% .

ESAB Corp Fundamentals Correlations and Trends

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

About ESAB Corp Stock history

ESAB Corp 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 ESAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESAB Corp 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 ESAB Corp stock prices may prove useful in developing a viable investing in ESAB Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding60.7 M66.2 M
Net Income Applicable To Common Shares257.3 M217 M

ESAB Corp Quarterly Net Working Capital

584.44 Million

ESAB Corp Stock Technical Analysis

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

ESAB Corp Period Price Range

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December 22, 2024
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ESAB Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

ESAB Corp December 22, 2024 Market Strength

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

ESAB Corp Technical and Predictive Indicators

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

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