Elgi Rubber (India) Performance
| ELGIRUBCO | 100.46 0.22 0.22% |
The firm shows a Beta (market volatility) of 0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elgi Rubber's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elgi Rubber is expected to be smaller as well. At this point, Elgi Rubber has a negative expected return of -0.0387%. Please make sure to confirm Elgi Rubber's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Elgi Rubber performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Elgi Rubber has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, Elgi Rubber is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 40.4 M |
Elgi |
Elgi Rubber Relative Risk vs. Return Landscape
If you would invest 11,052 in Elgi Rubber on November 2, 2024 and sell it today you would lose (1,006) from holding Elgi Rubber or give up 9.1% of portfolio value over 90 days. Elgi Rubber is generating negative expected returns and assumes 4.8933% volatility on return distribution over the 90 days horizon. Simply put, 43% of stocks are less volatile than Elgi, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elgi Rubber Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elgi Rubber's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elgi Rubber, and traders can use it to determine the average amount a Elgi Rubber's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0079
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| Negative Returns | ELGIRUBCO |
Estimated Market Risk
| 4.89 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elgi Rubber is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elgi Rubber by adding Elgi Rubber to a well-diversified portfolio.
Elgi Rubber Fundamentals Growth
Elgi Stock prices reflect investors' perceptions of the future prospects and financial health of Elgi Rubber, and Elgi Rubber fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elgi Stock performance.
| Return On Equity | 0.0624 | |||
| Return On Asset | 0.0066 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 7.39 B | |||
| Shares Outstanding | 50.05 M | |||
| Price To Book | 2.42 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 3.86 B | |||
| EBITDA | 582.6 M | |||
| Total Debt | 3.07 B | |||
| Book Value Per Share | 37.91 X | |||
| Cash Flow From Operations | 60.22 M | |||
| Earnings Per Share | 2.51 X | |||
| Total Asset | 5.66 B | |||
| Retained Earnings | (201.06 M) | |||
About Elgi Rubber Performance
By analyzing Elgi Rubber's fundamental ratios, stakeholders can gain valuable insights into Elgi Rubber's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elgi Rubber has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Elgi Rubber has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Elgi Rubber performance evaluation
Checking the ongoing alerts about Elgi Rubber for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elgi Rubber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elgi Rubber generated a negative expected return over the last 90 days | |
| Elgi Rubber has high historical volatility and very poor performance |
- Analyzing Elgi Rubber's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Elgi Rubber's stock is overvalued or undervalued compared to its peers.
- Examining Elgi Rubber's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Elgi Rubber's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elgi Rubber's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elgi Rubber's stock. These opinions can provide insight into Elgi Rubber's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elgi Stock analysis
When running Elgi Rubber's price analysis, check to measure Elgi Rubber'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 Elgi Rubber is operating at the current time. Most of Elgi Rubber's value examination focuses on studying past and present price action to predict the probability of Elgi Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elgi Rubber's price. Additionally, you may evaluate how the addition of Elgi Rubber to your portfolios can decrease your overall portfolio volatility.
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