Electrocore Llc Stock Price on September 30, 2021
| ECOR Stock | USD 5.67 0.07 1.22% |
Below is the normalized historical share price chart for Electrocore LLC extending back to June 22, 2018. 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 Electrocore LLC stands at 5.67, as last reported on the 16th of April 2024, with the highest price reaching 5.86 and the lowest price hitting 5.52 during the day.
If you're considering investing in Electrocore Stock, it is important to understand the factors that can impact its price. Electrocore LLC secures Sharpe Ratio (or Efficiency) of -0.06, which denotes the company had a -0.06% return per unit of risk over the last 3 months. Electrocore LLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electrocore LLC's Variance of 10.89, mean deviation of 2.4, and Standard Deviation of 3.3 to check the risk estimate we provide.
At this time, Electrocore LLC's Total Stockholder Equity is relatively stable compared to the past year. As of 04/16/2024, Common Stock Shares Outstanding is likely to grow to about 5.7 M, while Preferred Stock Total Equity is likely to drop slightly above 96.7 M. . At this time, Electrocore LLC's Price Book Value Ratio is relatively stable compared to the past year. As of 04/16/2024, Price To Book Ratio is likely to grow to 4.63, while Price Earnings Ratio is likely to drop (1.83). Electrocore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of June 2018 | 200 Day MA 5.8475 | 50 Day MA 6.5975 | Beta 0.933 |
Electrocore |
Sharpe Ratio = -0.06
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| Negative Returns | ECOR |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electrocore LLC 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 Electrocore LLC by adding Electrocore LLC to a well-diversified portfolio.
Price Book 4.6298 | Enterprise Value Ebitda (1.36) | Price Sales 2.1494 | Shares Float 4.2 M | Wall Street Target Price 23.1 |
Electrocore LLC Valuation on September 30, 2021
It is possible to determine the worth of Electrocore LLC on a given historical date. On September 30, 2021 Electrocore was worth 0.59 at the beginning of the trading date compared to the closed value of 8.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electrocore LLC stock. Still, in general, we apply an absolute valuation method to find Electrocore LLC'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 Electrocore LLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electrocore LLC's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 0.59 | 8.85 | 8.85 | 8.85 | 6,658 |
| 0.57 | 8.79 | 8.79 | 8.79 | 10,802 |
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Electrocore LLC Trading Date Momentum on September 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Electrocore LLC Fundamentals Correlations and Trends
By evaluating Electrocore LLC'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 Electrocore LLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electrocore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electrocore LLC Stock history
Electrocore LLC 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 Electrocore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electrocore LLC 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 Electrocore LLC stock prices may prove useful in developing a viable investing in Electrocore LLC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.5 M | 5.7 M | |
| Net Loss | -25.5 M | -26.8 M |
Electrocore LLC Quarterly Net Working Capital |
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Electrocore LLC Stock Technical Analysis
Electrocore LLC 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
Electrocore LLC Period Price Range
Low | April 1, 2022
| High |
0.59 | 8.85 |
Electrocore LLC April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Electrocore LLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electrocore LLC shares will generate the highest return on investment. By undertsting and applying Electrocore LLC stock market strength indicators, traders can identify Electrocore LLC entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 15.0 | |||
| Day Median Price | 8.85 | |||
| Day Typical Price | 8.85 | |||
| Price Action Indicator | 4.13 | |||
| Period Momentum Indicator | (3.18) |
Electrocore LLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electrocore LLC's price direction in advance. Along with the technical and fundamental analysis of Electrocore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electrocore 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) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.49) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrocore LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Electrocore LLC's price analysis, check to measure Electrocore LLC'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 Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.
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Is Electrocore LLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electrocore LLC. If investors know Electrocore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electrocore LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.42) | Revenue Per Share 2.907 | Quarterly Revenue Growth 1.028 | Return On Assets (0.58) | Return On Equity (1.54) |
The market value of Electrocore LLC is measured differently than its book value, which is the value of Electrocore that is recorded on the company's balance sheet. Investors also form their own opinion of Electrocore LLC's value that differs from its market value or its book value, called intrinsic value, which is Electrocore LLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electrocore LLC's market value can be influenced by many factors that don't directly affect Electrocore LLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electrocore LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrocore LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrocore LLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.