Elron Electronic Financials
| ELRN Stock | ILS 467.00 3.00 0.64% |
Elron |
Understanding current and past Elron Electronic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elron Electronic's financial statements are interrelated, with each one affecting the others. For example, an increase in Elron Electronic's assets may result in an increase in income on the income statement.
Please note, the presentation of Elron Electronic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elron Electronic's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elron Electronic's management manipulating its earnings.
Elron Electronic Stock Summary
Elron Electronic competes with Elbit Systems, Discount Investment, Clal Insurance, AudioCodes, and Shufersal. Elron Electronic Industries Ltd., through its subsidiaries, provides technology products in the medical devices and cyber fields. Elron Electronic Industries Ltd. is a subsidiary of Discount Investment Corporation Limited. ELRON ELECTRONIC operates under Conglomerates classification in Israel and is traded on Tel Aviv Stock Exchange.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0007490779 |
| Business Address | ToHa Tower, Tel |
| Sector | Diversified Financial Services |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.elronventures.com |
| Phone | 972 3 607 5555 |
| Currency | ILS - Israeli Shekel |
You should never invest in Elron Electronic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elron Stock, because this is throwing your money away. Analyzing the key information contained in Elron Electronic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elron Electronic Key Financial Ratios
Elron Electronic's financial ratios allow both analysts and investors to convert raw data from Elron Electronic's financial statements into concise, actionable information that can be used to evaluate the performance of Elron Electronic over time and compare it to other companies across industries.Elron Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elron Electronic's current stock value. Our valuation model uses many indicators to compare Elron Electronic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elron Electronic competition to find correlations between indicators driving Elron Electronic's intrinsic value. More Info.Elron Electronic Industries is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.75 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elron Electronic Industries is roughly 1.33 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elron Electronic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elron Electronic's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Elron Electronic Ind Systematic Risk
Elron Electronic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elron Electronic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Elron Electronic Ind correlated with the market. If Beta is less than 0 Elron Electronic generally moves in the opposite direction as compared to the market. If Elron Electronic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elron Electronic Ind is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elron Electronic is generally in the same direction as the market. If Beta > 1 Elron Electronic moves generally in the same direction as, but more than the movement of the benchmark.
Elron Electronic Thematic Clasifications
Elron Electronic Industries is part of Electronics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Elron Electronic November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elron Electronic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elron Electronic Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elron Electronic Industries based on widely used predictive technical indicators. In general, we focus on analyzing Elron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elron Electronic's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.36 | |||
| Information Ratio | 0.0438 | |||
| Maximum Drawdown | 30.12 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 6.87 |
Complementary Tools for Elron Stock analysis
When running Elron Electronic's price analysis, check to measure Elron Electronic's 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 Elron Electronic is operating at the current time. Most of Elron Electronic's value examination focuses on studying past and present price action to predict the probability of Elron Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elron Electronic's price. Additionally, you may evaluate how the addition of Elron Electronic to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |