Elen Spa Stock Market Value
| ELEAF Stock | USD 12.52 0.02 0.16% |
| Symbol | ELEn |
ELEn SpA '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 ELEn SpA's otc 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 ELEn SpA.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in ELEn SpA on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding ELEn SpA or generate 0.0% return on investment in ELEn SpA over 30 days. ELEn SpA is related to or competes with LifeTech Scientific, Safilo Group, SMS, 4DMedical, AB Science, Valneva SE, and Arjo AB. S.p.A. engages in the research and development, manufacture, distribution, and sale of laser systems in Europe and inter... More
ELEn SpA 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 ELEn SpA's otc 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 ELEn SpA upside and downside potential and time the market with a certain degree of confidence.
ELEn SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELEn SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ELEn SpA's standard deviation. In reality, there are many statistical measures that can use ELEn SpA historical prices to predict the future ELEn SpA's volatility.ELEn SpA Backtested Returns
We have found eight technical indicators for ELEn SpA, which you can use to evaluate the volatility of the firm. Please confirm ELEn SpA's day typical price of 12.51, and Rate Of Daily Change of 1.0 to check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and ELEn SpA are completely uncorrelated. ELEn SpA at this time shows a risk of 0.0%. Please confirm ELEn SpA rate of daily change and price action indicator , to decide if ELEn SpA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
ELEn SpA has no correlation between past and present. Overlapping area represents the amount of predictability between ELEn SpA time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th 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 ELEn SpA price movement. The serial correlation of 0.0 indicates that just 0.0% of current ELEn SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ELEn SpA lagged returns against current returns
Autocorrelation, which is ELEn SpA otc stock'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 ELEn SpA's otc stock expected returns. We can calculate the autocorrelation of ELEn SpA returns to help us make a trade decision. For example, suppose you find that ELEn SpA has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
| Timeline |
ELEn SpA 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 ELEn SpA otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ELEn SpA otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ELEn SpA otc stock over time.
Current vs Lagged Prices |
| Timeline |
ELEn SpA Lagged Returns
When evaluating ELEn SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ELEn SpA otc stock have on its future price. ELEn SpA 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, ELEn SpA autocorrelation shows the relationship between ELEn SpA otc stock current value and its past values and can show if there is a momentum factor associated with investing in ELEn SpA.
Regressed Prices |
| Timeline |
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Other Information on Investing in ELEn OTC Stock
ELEn SpA financial ratios help investors to determine whether ELEn OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ELEn with respect to the benefits of owning ELEn SpA security.