Elbit Systems Stock Market Value
| ESLT Stock | USD 249.31 0.64 0.26% |
| Symbol | Elbit |
Elbit Systems Price To Book Ratio
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elbit Systems. If investors know Elbit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elbit Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.257 | Earnings Share 5.84 | Revenue Per Share 141.943 | Quarterly Revenue Growth 0.118 | Return On Assets 0.0253 |
The market value of Elbit Systems is measured differently than its book value, which is the value of Elbit that is recorded on the company's balance sheet. Investors also form their own opinion of Elbit Systems' value that differs from its market value or its book value, called intrinsic value, which is Elbit Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elbit Systems' market value can be influenced by many factors that don't directly affect Elbit Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elbit Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elbit Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elbit Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Elbit Systems '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 Elbit Systems' 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 Elbit Systems.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Elbit Systems on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Elbit Systems or generate 0.0% return on investment in Elbit Systems over 30 days. Elbit Systems is related to or competes with Mercury Systems, Triumph, CAE, AAR Corp, Curtiss Wright, Hexcel, and Moog. Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, ... More
Elbit Systems 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 Elbit Systems' 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 Elbit Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9509 | |||
| Information Ratio | 0.1452 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 3.36 |
Elbit Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elbit Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elbit Systems' standard deviation. In reality, there are many statistical measures that can use Elbit Systems historical prices to predict the future Elbit Systems' volatility.| Risk Adjusted Performance | 0.1582 | |||
| Jensen Alpha | 0.322 | |||
| Total Risk Alpha | 0.1383 | |||
| Sortino Ratio | 0.2536 | |||
| Treynor Ratio | 6.06 |
Elbit Systems Backtested Returns
Elbit Systems appears to be very steady, given 3 months investment horizon. Elbit Systems secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Elbit Systems, which you can use to evaluate the volatility of the firm. Please utilize Elbit Systems' Downside Deviation of 0.9509, mean deviation of 1.06, and Semi Deviation of 0.5145 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elbit Systems holds a performance score of 17. The firm shows a Beta (market volatility) of 0.0539, which means not very significant fluctuations relative to the market. As returns on the market increase, Elbit Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elbit Systems is expected to be smaller as well. Please check Elbit Systems' value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Elbit Systems' price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
Elbit Systems has good predictability. Overlapping area represents the amount of predictability between Elbit Systems time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elbit Systems price movement. The serial correlation of 0.78 indicates that around 78.0% of current Elbit Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 46.72 |
Elbit Systems lagged returns against current returns
Autocorrelation, which is Elbit Systems 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 Elbit Systems' stock expected returns. We can calculate the autocorrelation of Elbit Systems returns to help us make a trade decision. For example, suppose you find that Elbit Systems 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 |
Elbit Systems 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 Elbit Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elbit Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elbit Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Elbit Systems Lagged Returns
When evaluating Elbit Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elbit Systems stock have on its future price. Elbit Systems 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, Elbit Systems autocorrelation shows the relationship between Elbit Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Elbit Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Elbit Stock Analysis
When running Elbit Systems' price analysis, check to measure Elbit Systems' 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 Elbit Systems is operating at the current time. Most of Elbit Systems' value examination focuses on studying past and present price action to predict the probability of Elbit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Systems' price. Additionally, you may evaluate how the addition of Elbit Systems to your portfolios can decrease your overall portfolio volatility.