Elastic is a data analytics company. Co.'s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from data. Co.'s solutions are Search, Observability, and Security, that are built into the platform. Co. provides the Elastic Stack, a set of software products that ingest and store data from any source, in any format, and perform search, analysis, and visualization. The Elastic Stack includes: Elasticsearch, which is a real-time search and analytics engine and data store for various types of data; and Kibana, which is the user interface for the Elastic Stack. 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 2023 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).
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