Elite Education Group Stock Price on March 12, 2024
| EEIQ Stock | USD 0.94 0.01 1.05% |
If you're considering investing in Elite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elite Education stands at 0.94, as last reported on the 28th of May, with the highest price reaching 0.94 and the lowest price hitting 0.94 during the day. Elite Education Group secures Sharpe Ratio (or Efficiency) of -0.0369, which denotes the company had a -0.0369% return per unit of risk over the last 3 months. Elite Education Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elite Education's Standard Deviation of 8.0, variance of 63.97, and Mean Deviation of 5.65 to check the risk estimate we provide.
At this time, Elite Education's Total Stockholder Equity is relatively stable compared to the past year. As of 05/28/2024, Other Stockholder Equity is likely to grow to about 22 M, while Common Stock Shares Outstanding is likely to drop slightly above 10.9 M. . As of 05/28/2024, Price To Sales Ratio is likely to drop to 1.88. In addition to that, Price Earnings Ratio is likely to grow to -1.59. Elite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elite |
Sharpe Ratio = -0.0369
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| Negative Returns | EEIQ |
Estimated Market Risk
| 7.45 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elite Education 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 Elite Education by adding Elite Education to a well-diversified portfolio.
Price Book 1.2341 | Enterprise Value Ebitda (1.12) | Price Sales 1.9753 | Shares Float 3.7 M | Wall Street Target Price 2.3 |
Elite Education Main Headline on 12th of March 2024
EpicQuest Education files to sell 800K shares for holders by seekingalpha.com
Read about EpicQuest Education filing a prospectus for the proposed resale of 800K common shares by selling stockholders.
Elite Education Valuation on March 12, 2024
It is possible to determine the worth of Elite Education on a given historical date. On March 12, 2024 Elite was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elite Education stock. Still, in general, we apply an absolute valuation method to find Elite Education'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 Elite Education where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elite Education's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.29 | 0.92 | 1.00 | 11,848 | |
03/12/2024 | 1.00 | 1.01 | 1.00 | 1.00 | 1,891 |
| 1.00 | 1.12 | 0.93 | 1.03 | 12,897 |
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Elite Education Trading Date Momentum on March 12, 2024
| On March 13 2024 Elite Education Group was traded for 1.03 at the closing time. The top price for the day was 1.12 and the lowest listed price was 0.93 . The trading volume for the day was 12.9 K. The trading history from March 13, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 3.00% . The overall trading delta against the current closing price is 6.00% . |
Elite Education Group Fundamentals Correlations and Trends
By evaluating Elite Education'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 Elite Education's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elite Education Stock history
Elite Education 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 Elite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elite Education Group 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 Elite Education stock prices may prove useful in developing a viable investing in Elite Education
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.4 M | 10.9 M | |
| Net Loss | -5.5 M | -5.2 M |
Elite Education Quarterly Net Working Capital |
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Elite Education Stock Technical Analysis
Elite Education 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
Elite Education Period Price Range
Low | March 12, 2024
| High |
1.00 | 1.00 |
Elite Education May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Elite Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elite Education shares will generate the highest return on investment. By undertsting and applying Elite Education stock market strength indicators, traders can identify Elite Education Group entry and exit signals to maximize returns
| Accumulation Distribution | 18.72 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0 | |||
| Day Typical Price | 1.0 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 56.36 |
Elite Education Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elite Education's price direction in advance. Along with the technical and fundamental analysis of Elite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elite 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 | 0.0085 | |||
| Jensen Alpha | 0.1701 | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.0041 |
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| Math Transform | ||
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| Statistic Functions | ||
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elite Education Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Elite Stock analysis
When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.
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Is Elite Education'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 Elite Education. If investors know Elite 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 Elite Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.58) | Revenue Per Share 0.49 | Quarterly Revenue Growth 0.007 | Return On Assets (0.21) | Return On Equity (0.53) |
The market value of Elite Education Group is measured differently than its book value, which is the value of Elite that is recorded on the company's balance sheet. Investors also form their own opinion of Elite Education's value that differs from its market value or its book value, called intrinsic value, which is Elite Education'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 Elite Education's market value can be influenced by many factors that don't directly affect Elite Education'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 Elite Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elite Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elite Education'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.