Elringklinger Ag Stock Market Value
| ELLRY Stock | USD 2.40 0.00 0.00% |
| Symbol | ElringKlinger |
ElringKlinger '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 ElringKlinger'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 ElringKlinger.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in ElringKlinger on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding ElringKlinger AG or generate 0.0% return on investment in ElringKlinger over 30 days. ElringKlinger is related to or competes with Valeo SA, Johnson Electric, Valeo SE, Toyoda Gosei, Linamar, Stanley Electric, and Mitsubishi Motors. ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the As... More
ElringKlinger 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 ElringKlinger'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 ElringKlinger AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.45 |
ElringKlinger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ElringKlinger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ElringKlinger's standard deviation. In reality, there are many statistical measures that can use ElringKlinger historical prices to predict the future ElringKlinger's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 2.83 |
ElringKlinger AG Backtested Returns
ElringKlinger AG secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. ElringKlinger AG exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ElringKlinger's Standard Deviation of 1.36, mean deviation of 0.3976, and Variance of 1.85 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.063, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ElringKlinger are expected to decrease at a much lower rate. During the bear market, ElringKlinger is likely to outperform the market. At this point, ElringKlinger AG has a negative expected return of -0.16%. Please make sure to confirm ElringKlinger's information ratio and day median price , to decide if ElringKlinger AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
ElringKlinger AG has perfect predictability. Overlapping area represents the amount of predictability between ElringKlinger time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th 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 ElringKlinger AG price movement. The serial correlation of 1.0 indicates that 100.0% of current ElringKlinger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ElringKlinger AG lagged returns against current returns
Autocorrelation, which is ElringKlinger 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 ElringKlinger's pink sheet expected returns. We can calculate the autocorrelation of ElringKlinger returns to help us make a trade decision. For example, suppose you find that ElringKlinger 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 |
ElringKlinger 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 ElringKlinger pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ElringKlinger pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ElringKlinger pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ElringKlinger Lagged Returns
When evaluating ElringKlinger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ElringKlinger pink sheet have on its future price. ElringKlinger 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, ElringKlinger autocorrelation shows the relationship between ElringKlinger pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ElringKlinger AG.
Regressed Prices |
| Timeline |
Also Currently Popular
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 ElringKlinger Pink Sheet Analysis
When running ElringKlinger's price analysis, check to measure ElringKlinger'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 ElringKlinger is operating at the current time. Most of ElringKlinger's value examination focuses on studying past and present price action to predict the probability of ElringKlinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ElringKlinger's price. Additionally, you may evaluate how the addition of ElringKlinger to your portfolios can decrease your overall portfolio volatility.