E3 Lithium Stock Price on September 26, 2024

ETL Stock   0.99  0.02  1.98%   
Below is the normalized historical share price chart for E3 Lithium extending back to December 31, 1999. 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 E3 Lithium stands at 0.99, as last reported on the 17th of December 2024, with the highest price reaching 1.01 and the lowest price hitting 0.97 during the day.
200 Day MA
1.3785
50 Day MA
1.0975
Beta
0.66
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ETL Stock, it is important to understand the factors that can impact its price. E3 Lithium retains Efficiency (Sharpe Ratio) of -0.0927, which denotes the company had a -0.0927% return per unit of price deviation over the last 3 months. E3 Lithium exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E3 Lithium's Market Risk Adjusted Performance of (0.38), information ratio of (0.13), and Standard Deviation of 2.88 to check the risk estimate we provide.
  
Issuance Of Capital Stock is likely to climb to about 32.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 34.6 M in 2024. . Price To Sales Ratio is likely to drop to 178.51 in 2024. Price Earnings Ratio is likely to climb to -15.83 in 2024. ETL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0927

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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average E3 Lithium 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 E3 Lithium by adding E3 Lithium to a well-diversified portfolio.
Price Book
1.4212
Book Value
0.761
Enterprise Value
52.2 M
Enterprise Value Ebitda
(22.81)
Shares Float
73.1 M

E3 Lithium Valuation on September 26, 2024

It is possible to determine the worth of E3 Lithium on a given historical date. On September 26, 2024 ETL was worth 1.21 at the beginning of the trading date compared to the closed value of 1.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of E3 Lithium stock. Still, in general, we apply an absolute valuation method to find E3 Lithium'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 E3 Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against E3 Lithium's related companies.
 Open High Low Close Volume
  1.20    1.20    1.16    1.17    65,702  
09/26/2024
  1.21    1.21    1.17    1.18    88,811  
  1.17    1.24    1.17    1.19    131,938  
Backtest E3 Lithium  |  E3 Lithium History  |  E3 Lithium Valuation   PreviousNext  
Open Value
1.21
1.18
Closing Value
9.67
Upside

E3 Lithium Trading Date Momentum on September 26, 2024

On September 27 2024 E3 Lithium was traded for  1.19  at the closing time. The highest daily price throughout the period was 1.24  and the lowest price was  1.17 . The daily volume was 131.9 K. The net trading volume on 09/27/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 0.85% . The overall trading delta to current closing price is 4.24% .

E3 Lithium Fundamentals Correlations and Trends

By evaluating E3 Lithium'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 E3 Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ETL financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About E3 Lithium Stock history

E3 Lithium 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 ETL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in E3 Lithium 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 E3 Lithium stock prices may prove useful in developing a viable investing in E3 Lithium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding75.1 M65.4 M

E3 Lithium Quarterly Net Working Capital

26.25 Million

E3 Lithium Stock Technical Analysis

E3 Lithium 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 E3 Lithium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of E3 Lithium 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

E3 Lithium Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

E3 Lithium 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.

E3 Lithium December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how E3 Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E3 Lithium shares will generate the highest return on investment. By undertsting and applying E3 Lithium stock market strength indicators, traders can identify E3 Lithium entry and exit signals to maximize returns

E3 Lithium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for E3 Lithium's price direction in advance. Along with the technical and fundamental analysis of ETL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ETL 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.

Additional Tools for ETL Stock Analysis

When running E3 Lithium's price analysis, check to measure E3 Lithium'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 E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.