Elf Beauty Stock Market Value
| ELF Stock | USD 107.05 1.09 1.03% |
| Symbol | ELF |
ELF Beauty Price To Book Ratio
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ELF Beauty. If investors know ELF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ELF Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Earnings Share 1.85 | Revenue Per Share | Quarterly Revenue Growth 0.397 | Return On Assets |
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ELF Beauty '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 ELF Beauty'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 ELF Beauty.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in ELF Beauty on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding ELF Beauty or generate 0.0% return on investment in ELF Beauty over 30 days. ELF Beauty is related to or competes with Procter Gamble, Colgate Palmolive, Coty, Kenvue, Hims Hers, Newell Brands, and Virgin Group. Beauty, Inc., together with its subsidiaries, provides cosmetic and skin care products under the e.l.f More
ELF Beauty 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 ELF Beauty'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 ELF Beauty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.27 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 6.93 |
ELF Beauty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELF Beauty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ELF Beauty's standard deviation. In reality, there are many statistical measures that can use ELF Beauty historical prices to predict the future ELF Beauty's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | 0.0159 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1243 |
ELF Beauty Backtested Returns
At this point, ELF Beauty is very steady. ELF Beauty secures Sharpe Ratio (or Efficiency) of 0.0319, which denotes the company had a 0.0319 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ELF Beauty, which you can use to evaluate the volatility of the firm. Please confirm ELF Beauty's mean deviation of 2.82, and Downside Deviation of 3.38 to check if the risk estimate we provide is consistent with the expected return of 0.12%. ELF Beauty has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, ELF Beauty's returns are expected to increase less than the market. However, during the bear market, the loss of holding ELF Beauty is expected to be smaller as well. ELF Beauty at this time shows a risk of 3.9%. Please confirm ELF Beauty coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if ELF Beauty will be following its price patterns.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
ELF Beauty has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ELF Beauty time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 ELF Beauty price movement. The serial correlation of -0.79 indicates that around 79.0% of current ELF Beauty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 88.17 |
ELF Beauty lagged returns against current returns
Autocorrelation, which is ELF Beauty 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 ELF Beauty's stock expected returns. We can calculate the autocorrelation of ELF Beauty returns to help us make a trade decision. For example, suppose you find that ELF Beauty has exhibited high autocorrelation historically, and you observe that the 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 |
ELF Beauty 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 ELF Beauty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ELF Beauty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ELF Beauty stock over time.
Current vs Lagged Prices |
| Timeline |
ELF Beauty Lagged Returns
When evaluating ELF Beauty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ELF Beauty stock have on its future price. ELF Beauty 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, ELF Beauty autocorrelation shows the relationship between ELF Beauty stock current value and its past values and can show if there is a momentum factor associated with investing in ELF Beauty.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:Check out ELF Beauty Correlation, ELF Beauty Volatility and ELF Beauty Alpha and Beta module to complement your research on ELF Beauty. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
ELF Beauty 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.