Elastic NV Net Income
| ESTC Stock | USD 67.72 5.66 7.71% |
As of the 29th of January, Elastic NV shows the Standard Deviation of 3.12, coefficient of variation of (779.25), and Mean Deviation of 2.15. Elastic NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Elastic NV's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Elastic NV's valuation are provided below:Elastic NV does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Will Stock sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Elastic NV 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elastic NV's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elastic NV.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Elastic NV on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Elastic NV or generate 0.0% return on investment in Elastic NV over 90 days. Elastic NV is related to or competes with Open Text, Appfolio, InterDigital, Paycom Software, ServiceTitan, Dayforce, and Procore Technologies. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud... More
Elastic NV Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elastic NV's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elastic NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 18.64 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 3.82 |
Elastic NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elastic NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elastic NV's standard deviation. In reality, there are many statistical measures that can use Elastic NV historical prices to predict the future Elastic NV's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elastic NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Elastic NV January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.53) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (779.25) | |||
| Standard Deviation | 3.12 | |||
| Variance | 9.76 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.54) | |||
| Maximum Drawdown | 18.64 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 3.82 | |||
| Skewness | (1.72) | |||
| Kurtosis | 6.58 |
Elastic NV Backtested Returns
Elastic NV secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of standard deviation over the last 3 months. Elastic NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elastic NV's Standard Deviation of 3.12, mean deviation of 2.15, and Coefficient Of Variation of (779.25) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elastic NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elastic NV is expected to be smaller as well. At this point, Elastic NV has a negative expected return of -0.4%. Please make sure to confirm Elastic NV's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Elastic NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Elastic NV has below average predictability. Overlapping area represents the amount of predictability between Elastic NV time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elastic NV price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Elastic NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 7.44 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Elastic NV reported net income of (108.11 Million). This is 120.06% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 118.93% higher than that of the company.
Elastic Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elastic NV's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elastic NV could also be used in its relative valuation, which is a method of valuing Elastic NV by comparing valuation metrics of similar companies.Elastic NV is currently under evaluation in net income category among its peers.
Elastic Fundamentals
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0088 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 7.02 B | |||
| Shares Outstanding | 105.37 M | |||
| Shares Owned By Insiders | 12.17 % | |||
| Shares Owned By Institutions | 90.27 % | |||
| Number Of Shares Shorted | 3.81 M | |||
| Price To Earning | (41.15) X | |||
| Price To Book | 8.78 X | |||
| Price To Sales | 4.85 X | |||
| Revenue | 1.48 B | |||
| Gross Profit | 1.22 B | |||
| EBITDA | 6.05 M | |||
| Net Income | (108.11 M) | |||
| Cash And Equivalents | 848.76 M | |||
| Cash Per Share | 8.94 X | |||
| Total Debt | 595.01 M | |||
| Debt To Equity | 1.51 % | |||
| Current Ratio | 1.96 X | |||
| Book Value Per Share | 8.42 X | |||
| Cash Flow From Operations | 266.17 M | |||
| Short Ratio | 3.16 X | |||
| Earnings Per Share | (1.02) X | |||
| Price To Earnings To Growth | 4.17 X | |||
| Target Price | 103.96 | |||
| Number Of Employees | 3.83 K | |||
| Beta | 0.93 | |||
| Market Capitalization | 7.8 B | |||
| Total Asset | 2.59 B | |||
| Retained Earnings | (1.1 B) | |||
| Working Capital | 922.75 M | |||
| Current Asset | 146.16 M | |||
| Current Liabilities | 93.19 M | |||
| Net Asset | 2.59 B |
About Elastic NV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elastic NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elastic NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elastic NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Stock sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.