Elon AB (Sweden) Market Value
| ELON Stock | 18.00 0.75 4.35% |
| Symbol | Elon |
Elon AB '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 Elon AB'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 Elon AB.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Elon AB on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Elon AB or generate 0.0% return on investment in Elon AB over 30 days. Elon AB is related to or competes with Online Brands, OXE Marine, Unlimited Travel, Lammhults Design, Catena Media, New Bubbleroom, and Soder Sportfiske. More
Elon AB 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 Elon AB'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 Elon AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.87 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 3.28 |
Elon AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elon AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elon AB's standard deviation. In reality, there are many statistical measures that can use Elon AB historical prices to predict the future Elon AB's volatility.| Risk Adjusted Performance | 0.0012 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.0491 |
Elon AB Backtested Returns
Elon AB secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Elon AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elon AB's Variance of 3.31, mean deviation of 1.36, and Standard Deviation of 1.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Elon AB are expected to decrease at a much lower rate. During the bear market, Elon AB is likely to outperform the market. At this point, Elon AB has a negative expected return of -0.0114%. Please make sure to confirm Elon AB's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Elon AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Elon AB has good reverse predictability. Overlapping area represents the amount of predictability between Elon AB time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elon AB price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Elon AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Elon AB lagged returns against current returns
Autocorrelation, which is Elon AB 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 Elon AB's stock expected returns. We can calculate the autocorrelation of Elon AB returns to help us make a trade decision. For example, suppose you find that Elon AB 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 |
Elon AB 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 Elon AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elon AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elon AB stock over time.
Current vs Lagged Prices |
| Timeline |
Elon AB Lagged Returns
When evaluating Elon AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elon AB stock have on its future price. Elon AB 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, Elon AB autocorrelation shows the relationship between Elon AB stock current value and its past values and can show if there is a momentum factor associated with investing in Elon AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Elon Stock Analysis
When running Elon AB's price analysis, check to measure Elon AB'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 Elon AB is operating at the current time. Most of Elon AB's value examination focuses on studying past and present price action to predict the probability of Elon AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elon AB's price. Additionally, you may evaluate how the addition of Elon AB to your portfolios can decrease your overall portfolio volatility.