Elite Express Holding Stock Market Value
| ETS Stock | 0.61 0.04 7.02% |
| Symbol | Elite |
Elite Express Holding Company Valuation
Is Ground Transportation 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 Elite Express. If investors know Elite 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 Elite Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Elite Express Holding is measured differently than its book value, which is the value of Elite that is recorded on the company's balance sheet. Investors also form their own opinion of Elite Express' value that differs from its market value or its book value, called intrinsic value, which is Elite Express' 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 Elite Express' market value can be influenced by many factors that don't directly affect Elite Express' 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 Elite Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elite Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elite Express' 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.
Elite Express '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 Elite Express' 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 Elite Express.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Elite Express on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Elite Express Holding or generate 0.0% return on investment in Elite Express over 30 days. Elite Express is related to or competes with Samfine Creation, PS International, Intelligent Living, Clean Energy, Freightos Limited, VerifyMe, and Polar Power. Elite Express is entity of United States More
Elite Express 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 Elite Express' 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 Elite Express Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 23.92 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 5.88 |
Elite Express Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elite Express' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elite Express' standard deviation. In reality, there are many statistical measures that can use Elite Express historical prices to predict the future Elite Express' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (1.47) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elite Express' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Elite Express Holding Backtested Returns
Elite Express Holding secures Sharpe Ratio (or Efficiency) of -0.0968, which denotes the company had a -0.0968 % return per unit of risk over the last 3 months. Elite Express Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elite Express' Variance of 19.35, standard deviation of 4.4, and Mean Deviation of 3.03 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elite Express' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elite Express is expected to be smaller as well. At this point, Elite Express Holding has a negative expected return of -0.43%. Please make sure to confirm Elite Express' maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Elite Express Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Elite Express Holding has modest reverse predictability. Overlapping area represents the amount of predictability between Elite Express time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th 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 Elite Express Holding price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Elite Express price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elite Express Holding lagged returns against current returns
Autocorrelation, which is Elite Express 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 Elite Express' stock expected returns. We can calculate the autocorrelation of Elite Express returns to help us make a trade decision. For example, suppose you find that Elite Express 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 |
Elite Express 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 Elite Express stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elite Express stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elite Express stock over time.
Current vs Lagged Prices |
| Timeline |
Elite Express Lagged Returns
When evaluating Elite Express' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elite Express stock have on its future price. Elite Express 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, Elite Express autocorrelation shows the relationship between Elite Express stock current value and its past values and can show if there is a momentum factor associated with investing in Elite Express Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Elite Stock Analysis
When running Elite Express' price analysis, check to measure Elite Express' 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 Elite Express is operating at the current time. Most of Elite Express' value examination focuses on studying past and present price action to predict the probability of Elite Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Express' price. Additionally, you may evaluate how the addition of Elite Express to your portfolios can decrease your overall portfolio volatility.