Element Solutions Stock Price on May 31, 2024
| ESI Stock | USD 28.07 0.17 0.60% |
Below is the normalized historical share price chart for Element Solutions extending back to October 22, 2013. 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 Element Solutions stands at 28.07, as last reported on the 18th of November 2024, with the highest price reaching 28.37 and the lowest price hitting 28.03 during the day.
If you're considering investing in Element Stock, it is important to understand the factors that can impact its price. Element Solutions is very steady at the moment. Element Solutions secures Sharpe Ratio (or Efficiency) of 0.0942, which denotes the company had a 0.0942% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Element Solutions, which you can use to evaluate the volatility of the firm. Please confirm Element Solutions' Coefficient Of Variation of 1331.77, downside deviation of 1.49, and Mean Deviation of 1.29 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
As of now, Element Solutions' Total Stockholder Equity is increasing as compared to previous years. The Element Solutions' current Liabilities And Stockholders Equity is estimated to increase to about 6.6 B, while Common Stock Shares Outstanding is projected to decrease to under 228.1 M. . The Element Solutions' current Price To Free Cash Flows Ratio is estimated to increase to 20.88, while Price To Sales Ratio is projected to decrease to 1.41. Element Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of October 2013 | 200 Day MA 25.3155 | 50 Day MA 26.5284 | Beta 1.287 |
Element |
Sharpe Ratio = 0.0942
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ESI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Element Solutions is performing at about 7% of its full potential. 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 Element Solutions by adding it to a well-diversified portfolio.
Price Book 2.7867 | Enterprise Value Ebitda 17.5741 | Price Sales 2.8251 | Shares Float 223.2 M | Dividend Share 0.32 |
Related Headline
Dupont De Headline on 31st of May 2024
Disposition of tradable shares by Franzen Antonella B of Dup... by Franzen Antonella B
Filed transaction by Dupont De Nemours Officer: Svp & Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Element Solutions Valuation on May 31, 2024
It is possible to determine the worth of Element Solutions on a given historical date. On May 31, 2024 Element was worth 23.81 at the beginning of the trading date compared to the closed value of 23.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Element Solutions stock. Still, in general, we apply an absolute valuation method to find Element Solutions' 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 Element Solutions where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Element Solutions' related companies.
| Open | High | Low | Close | Volume | |
| 23.68 | 23.91 | 23.65 | 23.77 | 1,049,400 | |
05/31/2024 | 23.81 | 23.97 | 23.61 | 23.96 | 1,793,800 |
| 24.10 | 24.24 | 23.61 | 23.67 | 1,246,100 |
| Backtest Element Solutions | | | Element Solutions History | | | Element Solutions Valuation | Previous | Next |
Element Solutions Trading Date Momentum on May 31, 2024
| On June 03 2024 Element Solutions was traded for 23.67 at the closing time. Highest Element Solutions's price during the trading hours was 24.24 and the lowest price during the day was 23.61 . The net volume was 1.2 M. The overall trading history on the 3rd of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.21% . The overall trading delta to current price is 2.96% . |
Element Solutions Fundamentals Correlations and Trends
By evaluating Element Solutions' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Element Solutions' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Element financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Element Solutions Stock history
Element Solutions 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 Element is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Element Solutions 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 Element Solutions stock prices may prove useful in developing a viable investing in Element Solutions
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 241.8 M | 228.1 M | |
| Net Income Applicable To Common Shares | 215.3 M | 226 M |
Element Solutions Quarterly Net Working Capital |
|
Element Solutions Stock Technical Analysis
Element Solutions 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
Element Solutions Period Price Range
Low | November 18, 2024
| High |
0.00 | 0.00 |
Element Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Element Solutions November 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Element Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Element Solutions shares will generate the highest return on investment. By undertsting and applying Element Solutions stock market strength indicators, traders can identify Element Solutions entry and exit signals to maximize returns
Element Solutions Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Element Solutions' price direction in advance. Along with the technical and fundamental analysis of Element Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Element 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 | 0.0627 | |||
| Jensen Alpha | 0.0328 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0248 | |||
| Treynor Ratio | 0.1283 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Element Stock analysis
When running Element Solutions' price analysis, check to measure Element Solutions' 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 Element Solutions is operating at the current time. Most of Element Solutions' value examination focuses on studying past and present price action to predict the probability of Element Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element Solutions' price. Additionally, you may evaluate how the addition of Element Solutions to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |