Elastic Nv Stock Price on March 9, 2022
| ESTC Stock | USD 95.31 0.70 0.74% |
Below is the normalized historical share price chart for Elastic NV extending back to October 05, 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 Elastic NV stands at 95.31, as last reported on the 19th of April, with the highest price reaching 96.00 and the lowest price hitting 93.33 during the day.
If you're considering investing in Elastic Stock, it is important to understand the factors that can impact its price. Elastic NV secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of standard deviation over the last 3 months. Elastic NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elastic NV's Coefficient Of Variation of (1,058), standard deviation of 2.76, and Mean Deviation of 1.89 to check the risk estimate we provide.
At present, Elastic NV's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 246.4 M, whereas Total Stockholder Equity is forecasted to decline to about 260.8 M. . At present, Elastic NV's Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 12.80, whereas Price To Sales Ratio is forecasted to decline to 5.52. Elastic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 2018 | 200 Day MA 91.1078 | 50 Day MA 110.0352 | Beta 0.936 |
Elastic |
Sharpe Ratio = -0.1313
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ESTC |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elastic NV 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 Elastic NV by adding Elastic NV to a well-diversified portfolio.
Price Book 13.8486 | Enterprise Value Ebitda (125.21) | Price Sales 8.0862 | Shares Float 84 M | Wall Street Target Price 132.84 |
Elastic NV Valuation on March 9, 2022
It is possible to determine the worth of Elastic NV on a given historical date. On March 9, 2022 Elastic was worth 93.39 at the beginning of the trading date compared to the closed value of 96.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elastic NV stock. Still, in general, we apply an absolute valuation method to find Elastic NV'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 Elastic NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elastic NV's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 93.39 | 96.12 | 92.43 | 96.03 | 942,800 |
| 95.02 | 95.14 | 87.67 | 90.64 | 1,226,700 |
| Backtest Elastic NV | | | Elastic NV History | | | Elastic NV Valuation | Next |
Elastic NV Trading Date Momentum on March 9, 2022
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.Elastic NV Fundamentals Correlations and Trends
By evaluating Elastic NV'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 Elastic NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elastic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elastic NV Stock history
Elastic NV 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 Elastic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elastic NV 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 Elastic NV stock prices may prove useful in developing a viable investing in Elastic NV
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110.1 M | 83.8 M | |
| Net Loss | -212.5 M | -223.2 M |
Elastic NV Quarterly Net Working Capital |
|
Elastic NV Stock Technical Analysis
Elastic NV 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
Elastic NV Period Price Range
Low | April 4, 2022
| High |
93.39 | 96.03 |
Elastic NV April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Elastic NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elastic NV shares will generate the highest return on investment. By undertsting and applying Elastic NV stock market strength indicators, traders can identify Elastic NV entry and exit signals to maximize returns
| Accumulation Distribution | 36193.63 | |||
| Daily Balance Of Power | 0.7154 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 94.28 | |||
| Day Typical Price | 94.86 | |||
| Price Action Indicator | 3.07 | |||
| Period Momentum Indicator | (0.72) |
Elastic NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elastic NV's price direction in advance. Along with the technical and fundamental analysis of Elastic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elastic 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 | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Elastic Stock analysis
When running Elastic NV's price analysis, check to measure Elastic NV'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 Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Elastic NV'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 Elastic NV. If investors know Elastic 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 Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.52 | Revenue Per Share 12.3 | Quarterly Revenue Growth 0.194 | Return On Assets (0.04) | Return On Equity 0.1027 |
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV'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 Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV'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 Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV'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.