Elsight (Australia) Market Value
| ELS Stock | 3.21 0.02 0.63% |
| Symbol | Elsight |
Elsight '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 Elsight'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 Elsight.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Elsight on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Elsight or generate 0.0% return on investment in Elsight over 360 days. Elsight is related to or competes with Ishares Global, Embelton, Australian Agricultural, Vaneck Ftse, and Imugene. Elsight is entity of Australia. It is traded as Stock on AU exchange. More
Elsight 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 Elsight'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 Elsight upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.57 | |||
| Information Ratio | 0.1737 | |||
| Maximum Drawdown | 39.95 | |||
| Value At Risk | (8.78) | |||
| Potential Upside | 13.25 |
Elsight Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elsight's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elsight's standard deviation. In reality, there are many statistical measures that can use Elsight historical prices to predict the future Elsight's volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | 0.5516 | |||
| Sortino Ratio | 0.2034 | |||
| Treynor Ratio | 0.9925 |
Elsight Backtested Returns
Elsight is dangerous given 3 months investment horizon. Elsight secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19 % return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use Elsight Coefficient Of Variation of 537.62, mean deviation of 4.62, and Downside Deviation of 5.57 to evaluate company specific risk that cannot be diversified away. Elsight holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.21, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elsight will likely underperform. Use Elsight total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Elsight.
Auto-correlation | 0.42 |
Average predictability
Elsight has average predictability. Overlapping area represents the amount of predictability between Elsight time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th 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 Elsight price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Elsight price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Elsight lagged returns against current returns
Autocorrelation, which is Elsight 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 Elsight's stock expected returns. We can calculate the autocorrelation of Elsight returns to help us make a trade decision. For example, suppose you find that Elsight 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 |
Elsight 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 Elsight stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elsight stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elsight stock over time.
Current vs Lagged Prices |
| Timeline |
Elsight Lagged Returns
When evaluating Elsight's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elsight stock have on its future price. Elsight 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, Elsight autocorrelation shows the relationship between Elsight stock current value and its past values and can show if there is a momentum factor associated with investing in Elsight.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Elsight Stock Analysis
When running Elsight's price analysis, check to measure Elsight'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 Elsight is operating at the current time. Most of Elsight's value examination focuses on studying past and present price action to predict the probability of Elsight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elsight's price. Additionally, you may evaluate how the addition of Elsight to your portfolios can decrease your overall portfolio volatility.