Element Fleet Management Stock Market Value
| ELEEF Stock | USD 24.37 2.38 8.90% |
| Symbol | Element |
Element Fleet '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 Element Fleet'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 Element Fleet.
| 10/30/2025 |
| 12/29/2025 |
If you would invest 0.00 in Element Fleet on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Element Fleet Management or generate 0.0% return on investment in Element Fleet over 60 days. Element Fleet is related to or competes with Intertek Group, Grupo Aeroportuario, Getlink SE, Deutsche Lufthansa, Skanska AB, Strabag SE, and Fuji Electric. Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Au... More
Element Fleet 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 Element Fleet'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 Element Fleet Management upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 1.98 |
Element Fleet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Element Fleet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Element Fleet's standard deviation. In reality, there are many statistical measures that can use Element Fleet historical prices to predict the future Element Fleet's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Element Fleet'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.
Element Fleet Management Backtested Returns
Element Fleet Management secures Sharpe Ratio (or Efficiency) of -0.0381, which denotes the company had a -0.0381 % return per unit of risk over the last 3 months. Element Fleet Management exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Element Fleet's Standard Deviation of 1.7, mean deviation of 1.04, and Variance of 2.88 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, Element Fleet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Element Fleet is expected to be smaller as well. At this point, Element Fleet Management has a negative expected return of -0.066%. Please make sure to confirm Element Fleet's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Element Fleet Management performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Element Fleet Management has virtually no predictability. Overlapping area represents the amount of predictability between Element Fleet time series from 30th of October 2025 to 29th of November 2025 and 29th of November 2025 to 29th 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 Element Fleet Management price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Element Fleet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Element Fleet Management lagged returns against current returns
Autocorrelation, which is Element Fleet 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 Element Fleet's pink sheet expected returns. We can calculate the autocorrelation of Element Fleet returns to help us make a trade decision. For example, suppose you find that Element Fleet 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 |
| Timeline |
Element Fleet 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 Element Fleet pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Element Fleet pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Element Fleet pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Element Fleet Lagged Returns
When evaluating Element Fleet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Element Fleet pink sheet have on its future price. Element Fleet 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, Element Fleet autocorrelation shows the relationship between Element Fleet pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Element Fleet Management.
Regressed Prices |
| Timeline |
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Other Information on Investing in Element Pink Sheet
Element Fleet financial ratios help investors to determine whether Element Pink Sheet 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 Element with respect to the benefits of owning Element Fleet security.