Elin Electronics (India) Price on November 26, 2024
| ELIN Stock | 218.51 1.94 0.88% |
If you're considering investing in Elin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elin Electronics stands at 218.51, as last reported on the 29th of November, with the highest price reaching 224.79 and the lowest price hitting 217.11 during the day. Elin Electronics secures Sharpe Ratio (or Efficiency) of -0.015, which denotes the company had a -0.015% return per unit of risk over the last 3 months. Elin Electronics Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elin Electronics' Mean Deviation of 2.29, standard deviation of 3.0, and Variance of 8.99 to check the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 3.6 B in 2024. Common Stock Shares Outstanding is likely to drop to about 46.9 M in 2024. Elin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elin |
Sharpe Ratio = -0.015
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Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elin Electronics is not performing at its full potential. However, 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 Elin Electronics by adding Elin Electronics to a well-diversified portfolio.
Price Book 2.0952 | Enterprise Value Ebitda 18.0035 | Price Sales 1.0133 | Shares Float 18.5 M | Wall Street Target Price 250 |
Elin Electronics Valuation on November 26, 2024
It is possible to determine the worth of Elin Electronics on a given historical date. On November 26, 2024 Elin was worth 205.0 at the beginning of the trading date compared to the closed value of 212.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elin Electronics stock. Still, in general, we apply an absolute valuation method to find Elin Electronics' 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 Elin Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elin Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 205.70 | 209.39 | 202.41 | 204.40 | 81,019 | |
11/26/2024 | 205.00 | 213.90 | 203.45 | 212.90 | 141,779 |
| 215.00 | 222.90 | 212.00 | 216.99 | 189,938 |
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Elin Electronics Trading Date Momentum on November 26, 2024
| On November 27 2024 Elin Electronics Limited was traded for 216.99 at the closing time. The highest price during the trading period was 222.90 and the lowest recorded bid was listed for 212.00 . The volume for the day was 189.9 K. This history from November 27, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.92% . The overall trading delta to the current price is 3.74% . |
Elin Electronics Fundamentals Correlations and Trends
By evaluating Elin Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Elin Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elin Electronics Stock history
Elin Electronics 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 Elin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elin Electronics 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 Elin Electronics stock prices may prove useful in developing a viable investing in Elin Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.9 M | 46.9 M |
Elin Electronics Stock Technical Analysis
Elin Electronics 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
Elin Electronics Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Elin Electronics Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Elin Electronics November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Elin Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elin Electronics shares will generate the highest return on investment. By undertsting and applying Elin Electronics stock market strength indicators, traders can identify Elin Electronics Limited entry and exit signals to maximize returns
Elin Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elin Electronics' price direction in advance. Along with the technical and fundamental analysis of Elin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elin 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 | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Elin Stock Analysis
When running Elin Electronics' price analysis, check to measure Elin Electronics' 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 Elin Electronics is operating at the current time. Most of Elin Electronics' value examination focuses on studying past and present price action to predict the probability of Elin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elin Electronics' price. Additionally, you may evaluate how the addition of Elin Electronics to your portfolios can decrease your overall portfolio volatility.