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 YTD return is shown above.
The YTD Return on the ESTC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ESTC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ESTC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|