Elastic is a search company. Co.'s products enable its users and customers to instantly find relevant information and insights in large amounts of data. Co. provides the Elastic Stack, a set of software products that ingest and store data from any source, and in any format, and perform search, analysis, and visualization in milliseconds or less. The Elastic Stack is designed for direct use by developers to power a variety of use cases. Co. also provides software solutions built on the Elastic Stack that address a variety of use cases. The Elastic Stack and Co.'s solutions are designed to run on premises, in public or private clouds, or in hybrid environments. The ESTC stock yearly return is shown above.
The yearly return on the ESTC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ESTC annual return calculation with any dividends reinvested as applicable (on ex-dates).
|