Ecarx Holdings Class Stock Price on April 22, 2024
| ECX Stock | 1.19 0.04 3.48% |
If you're considering investing in ECARX Stock, it is important to understand the factors that can impact its price. As of today, the current price of ECARX Holdings stands at 1.19, as last reported on the 28th of May, with the highest price reaching 1.25 and the lowest price hitting 1.10 during the day. ECARX Holdings Class retains Efficiency (Sharpe Ratio) of -0.3, which denotes the company had a -0.3% return per unit of risk over the last 3 months. ECARX Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ECARX Holdings' Market Risk Adjusted Performance of (1.91), standard deviation of 4.16, and Variance of 17.27 to check the risk estimate we provide.
At this time, ECARX Holdings' Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 300 M in 2024, whereas Total Stockholder Equity is likely to drop (967.5 M) in 2024. . Price Earnings To Growth Ratio is likely to rise to 0.15 in 2024, whereas Price To Sales Ratio is likely to drop 1.54 in 2024. ECARX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ECARX |
Sharpe Ratio = -0.3024
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| Negative Returns | ECX |
Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| -1.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ECARX Holdings 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 ECARX Holdings by adding ECARX Holdings to a well-diversified portfolio.
Enterprise Value Ebitda (0.87) | Price Sales 0.1195 | Shares Float 82.7 M | Wall Street Target Price 4.25 | Earnings Share (0.39) |
ECARX Holdings Valuation on April 22, 2024
It is possible to determine the worth of ECARX Holdings on a given historical date. On April 22, 2024 ECARX was worth 1.59 at the beginning of the trading date compared to the closed value of 1.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ECARX Holdings stock. Still, in general, we apply an absolute valuation method to find ECARX Holdings' 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 ECARX Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ECARX Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.72 | 1.72 | 1.51 | 1.56 | 47,070 | |
04/22/2024 | 1.59 | 1.59 | 1.56 | 1.59 | 5,670 |
| 1.57 | 1.58 | 1.53 | 1.55 | 12,951 |
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ECARX Holdings Trading Date Momentum on April 22, 2024
| On April 23 2024 ECARX Holdings Class was traded for 1.55 at the closing time. Highest ECARX Holdings's price during the trading hours was 1.58 and the lowest price during the day was 1.53 . The net volume was 13 K. The overall trading history on the 23rd of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.52% . The overall trading delta to current price is 3.77% . |
ECARX Holdings Class Fundamentals Correlations and Trends
By evaluating ECARX Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ECARX Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ECARX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ECARX Holdings Stock history
ECARX Holdings 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 ECARX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ECARX Holdings Class 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 ECARX Holdings stock prices may prove useful in developing a viable investing in ECARX Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 337.4 M | 250.3 M | |
| Net Loss | -1.7 B | -1.8 B |
ECARX Holdings Stock Technical Analysis
ECARX Holdings 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
ECARX Holdings Period Price Range
Low | April 22, 2024
| High |
1.59 | 1.59 |
ECARX Holdings May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ECARX Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECARX Holdings shares will generate the highest return on investment. By undertsting and applying ECARX Holdings stock market strength indicators, traders can identify ECARX Holdings Class entry and exit signals to maximize returns
| Accumulation Distribution | 106.98 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.58 | |||
| Day Typical Price | 1.58 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | (0.40) |
ECARX Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ECARX Holdings' price direction in advance. Along with the technical and fundamental analysis of ECARX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ECARX 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 | (0.15) | |||
| Jensen Alpha | (1.17) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (1.92) |
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| 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 ECARX Holdings Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the ECARX Holdings Class information on this page should be used as a complementary analysis to other ECARX Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for ECARX Stock analysis
When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.
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Is ECARX Holdings' 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 ECARX Holdings. If investors know ECARX 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 ECARX Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 13.829 | Quarterly Revenue Growth 0.223 | Return On Assets (0.13) | Return On Equity (22.38) |
The market value of ECARX Holdings Class is measured differently than its book value, which is the value of ECARX that is recorded on the company's balance sheet. Investors also form their own opinion of ECARX Holdings' value that differs from its market value or its book value, called intrinsic value, which is ECARX Holdings' 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 ECARX Holdings' market value can be influenced by many factors that don't directly affect ECARX Holdings' 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 ECARX Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ECARX Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECARX Holdings' 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.