Elah Holdings Stock Market Value
| ELLH Stock | USD 24.10 0.00 0.00% |
| Symbol | Elah |
Elah Holdings '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 Elah Holdings' 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 Elah Holdings.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Elah Holdings on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Elah Holdings or generate 0.0% return on investment in Elah Holdings over 30 days. Elah Holdings is related to or competes with Valuence Merger. Elah Holdings, Inc., a holding company, focuses on acquiring profitable businesses in the commercial and industrial mark... More
Elah Holdings 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 Elah Holdings' 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 Elah Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 50.27 | |||
| Value At Risk | (13.04) | |||
| Potential Upside | 10.83 |
Elah Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elah Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elah Holdings' standard deviation. In reality, there are many statistical measures that can use Elah Holdings historical prices to predict the future Elah Holdings' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.82) |
Elah Holdings Backtested Returns
Elah Holdings secures Sharpe Ratio (or Efficiency) of -0.059, which denotes the company had a -0.059 % return per unit of standard deviation over the last 3 months. Elah Holdings exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elah Holdings' Coefficient Of Variation of (1,695), mean deviation of 3.26, and Standard Deviation of 6.89 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elah Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elah Holdings is expected to be smaller as well. At this point, Elah Holdings has a negative expected return of -0.41%. Please make sure to confirm Elah Holdings' standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to decide if Elah Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Elah Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Elah Holdings 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 Elah Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Elah Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elah Holdings lagged returns against current returns
Autocorrelation, which is Elah Holdings 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 Elah Holdings' pink sheet expected returns. We can calculate the autocorrelation of Elah Holdings returns to help us make a trade decision. For example, suppose you find that Elah Holdings 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 |
Elah Holdings 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 Elah Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elah Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elah Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Elah Holdings Lagged Returns
When evaluating Elah Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elah Holdings pink sheet have on its future price. Elah Holdings 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, Elah Holdings autocorrelation shows the relationship between Elah Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Elah Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Elah Pink Sheet
Elah Holdings financial ratios help investors to determine whether Elah 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 Elah with respect to the benefits of owning Elah Holdings security.