Elin Electronics (India) Performance
| ELIN Stock | 204.40 2.70 1.34% |
The firm shows a Beta (market volatility) of -0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Elin Electronics are expected to decrease at a much lower rate. During the bear market, Elin Electronics is likely to outperform the market. At this point, Elin Electronics has a negative expected return of -0.22%. Please make sure to confirm Elin Electronics' total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Elin Electronics 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 Elin Electronics Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Payout Ratio 0.2985 | Ex Dividend Date 2023-09-22 |
1 | ELIN ELECTRONICS Share Price Today Up 4 percent - Equitymaster | 09/02/2024 |
2 | ELIN ELECTRONICS Share Price Today Up 7 percent - Equitymaster | 11/18/2024 |
| Begin Period Cash Flow | 3.9 M |
Elin |
Elin Electronics Relative Risk vs. Return Landscape
If you would invest 24,151 in Elin Electronics Limited on August 28, 2024 and sell it today you would lose (3,711) from holding Elin Electronics Limited or give up 15.37% of portfolio value over 90 days. Elin Electronics Limited is generating negative expected returns and assumes 3.0247% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Elin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elin Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elin Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elin Electronics Limited, and traders can use it to determine the average amount a Elin Electronics' 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 = -0.0741
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| Negative Returns | ELIN |
Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elin Electronics 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 Elin Electronics by adding Elin Electronics to a well-diversified portfolio.
Elin Electronics Fundamentals Growth
Elin Stock prices reflect investors' perceptions of the future prospects and financial health of Elin Electronics, and Elin Electronics 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 Elin Stock performance.
| Return On Equity | 0.0279 | ||||
| Return On Asset | 0.0166 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 9.03 B | ||||
| Shares Outstanding | 49.66 M | ||||
| Price To Book | 1.95 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 10.42 B | ||||
| Gross Profit | 2.79 B | ||||
| EBITDA | 496.48 M | ||||
| Net Income | 138.74 M | ||||
| Total Debt | 119.92 M | ||||
| Book Value Per Share | 101.31 X | ||||
| Cash Flow From Operations | 426.68 M | ||||
| Earnings Per Share | 3.53 X | ||||
| Total Asset | 6.69 B | ||||
| Retained Earnings | 2.82 B | ||||
About Elin Electronics Performance
Assessing Elin Electronics' fundamental ratios provides investors with valuable insights into Elin Electronics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Elin Electronics is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Elin Electronics is entity of India. It is traded as Stock on NSE exchange.Things to note about Elin Electronics performance evaluation
Checking the ongoing alerts about Elin Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elin Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elin Electronics generated a negative expected return over the last 90 days | |
| Elin Electronics has high historical volatility and very poor performance | |
| Elin Electronics is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ELIN ELECTRONICS Share Price Today Up 7 percent - Equitymaster |
- Analyzing Elin Electronics' 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 Elin Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Elin Electronics' 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 Elin Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elin Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elin Electronics' stock. These opinions can provide insight into Elin Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elin Stock Analysis
When running Elin Electronics' price analysis, check to measure Elin Electronics' 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 Elin Electronics is operating at the current time. Most of Elin Electronics' value examination focuses on studying past and present price action to predict the probability of Elin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elin Electronics' price. Additionally, you may evaluate how the addition of Elin Electronics to your portfolios can decrease your overall portfolio volatility.