Eltel AB (Sweden) Market Value
| ELTEL Stock | SEK 9.28 0.24 2.65% |
| Symbol | Eltel |
Eltel 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 Eltel 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 Eltel AB.
| 12/17/2025 |
| 01/16/2026 |
If you would invest 0.00 in Eltel AB on December 17, 2025 and sell it all today you would earn a total of 0.00 from holding Eltel AB or generate 0.0% return on investment in Eltel AB over 30 days. Eltel AB is related to or competes with Bygg Partner, SaltX Technology, Eolus Vind, Train Alliance, Viking Supply, Fasadgruppen Group, and W5 Solutions. Eltel AB provides technical services for the power and communication infrastructure networks in Sweden, Finland, Norway,... More
Eltel 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 Eltel 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 Eltel AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.65 |
Eltel AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eltel AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eltel AB's standard deviation. In reality, there are many statistical measures that can use Eltel AB historical prices to predict the future Eltel AB's volatility.| Risk Adjusted Performance | 0.0296 | |||
| Jensen Alpha | 0.0312 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3052 |
Eltel AB Backtested Returns
Currently, Eltel AB is not too volatile. Eltel AB secures Sharpe Ratio (or Efficiency) of 0.0704, which denotes the company had a 0.0704 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eltel AB, which you can use to evaluate the volatility of the firm. Please confirm Eltel AB's Mean Deviation of 1.09, downside deviation of 2.04, and Coefficient Of Variation of 2904.25 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Eltel AB has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Eltel AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eltel AB is expected to be smaller as well. Eltel AB right now shows a risk of 1.59%. Please confirm Eltel AB semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Eltel AB will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Eltel AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Eltel AB time series from 17th of December 2025 to 1st of January 2026 and 1st of January 2026 to 16th 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 Eltel AB price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Eltel AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Eltel AB lagged returns against current returns
Autocorrelation, which is Eltel 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 Eltel AB's stock expected returns. We can calculate the autocorrelation of Eltel AB returns to help us make a trade decision. For example, suppose you find that Eltel 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 |
Eltel 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 Eltel AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eltel AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eltel AB stock over time.
Current vs Lagged Prices |
| Timeline |
Eltel AB Lagged Returns
When evaluating Eltel AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eltel AB stock have on its future price. Eltel 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, Eltel AB autocorrelation shows the relationship between Eltel AB stock current value and its past values and can show if there is a momentum factor associated with investing in Eltel AB.
Regressed Prices |
| Timeline |
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Additional Tools for Eltel Stock Analysis
When running Eltel AB's price analysis, check to measure Eltel 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 Eltel AB is operating at the current time. Most of Eltel AB's value examination focuses on studying past and present price action to predict the probability of Eltel 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 Eltel AB's price. Additionally, you may evaluate how the addition of Eltel AB to your portfolios can decrease your overall portfolio volatility.