Elekta Ab Adr Stock Market Value
| EKTAY Stock | USD 6.09 0.08 1.30% |
| Symbol | Elekta |
Elekta AB '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 Elekta AB's pink sheet 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 Elekta AB.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Elekta AB on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Elekta AB ADR or generate 0.0% return on investment in Elekta AB over 360 days. Elekta AB is related to or competes with Gerresheimer, Bonesupport Holding, EBOS Group, Ping An, Fagron NV, Vitrolife, and Stratec SE. Elekta AB , a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide More
Elekta AB 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 Elekta AB's pink sheet 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 Elekta AB ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.057 | |||
| Maximum Drawdown | 28.63 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 4.17 |
Elekta AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elekta AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elekta AB's standard deviation. In reality, there are many statistical measures that can use Elekta AB historical prices to predict the future Elekta AB's volatility.| Risk Adjusted Performance | 0.0638 | |||
| Jensen Alpha | 0.148 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.104 | |||
| Treynor Ratio | 0.1513 |
Elekta AB ADR Backtested Returns
Elekta AB appears to be slightly risky, given 3 months investment horizon. Elekta AB ADR secures Sharpe Ratio (or Efficiency) of 0.0925, which denotes the company had a 0.0925 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elekta AB ADR, which you can use to evaluate the volatility of the firm. Please utilize Elekta AB's Coefficient Of Variation of 1263.3, mean deviation of 1.96, and Downside Deviation of 1.98 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elekta AB holds a performance score of 7. The firm shows a Beta (market volatility) of 1.83, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elekta AB will likely underperform. Please check Elekta AB's total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Elekta AB's price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Elekta AB ADR has modest reverse predictability. Overlapping area represents the amount of predictability between Elekta AB time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elekta AB ADR price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Elekta AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Elekta AB ADR lagged returns against current returns
Autocorrelation, which is Elekta AB pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Elekta AB's pink sheet expected returns. We can calculate the autocorrelation of Elekta AB returns to help us make a trade decision. For example, suppose you find that Elekta AB has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Elekta AB regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Elekta AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elekta AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elekta AB pink sheet over time.
Current vs Lagged Prices |
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Elekta AB Lagged Returns
When evaluating Elekta AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elekta AB pink sheet have on its future price. Elekta AB autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Elekta AB autocorrelation shows the relationship between Elekta AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Elekta AB ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Elekta Pink Sheet Analysis
When running Elekta AB's price analysis, check to measure Elekta AB'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 Elekta AB is operating at the current time. Most of Elekta AB's value examination focuses on studying past and present price action to predict the probability of Elekta AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elekta AB's price. Additionally, you may evaluate how the addition of Elekta AB to your portfolios can decrease your overall portfolio volatility.