Elong Power Holding Stock Performance
| ELPW Stock | 1.09 0.07 6.03% |
The firm shows a Beta (market volatility) of -1.69, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Elong Power are expected to decrease by larger amounts. On the other hand, during market turmoil, Elong Power is expected to outperform it. At this point, Elong Power Holding has a negative expected return of -2.09%. Please make sure to confirm Elong Power's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Elong Power Holding 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 Elong Power Holding has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | ELong Power Holding Completes Merger With TMT Acquisition - MarketWatch | 11/21/2024 |
2 | eLong Power Shares Fall in Nasdaq Debut After SPAC Deal - MarketWatch | 11/22/2024 |
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Elong Power Relative Risk vs. Return Landscape
If you would invest 742.00 in Elong Power Holding on October 31, 2024 and sell it today you would lose (637.00) from holding Elong Power Holding or give up 85.85% of portfolio value over 90 days. Elong Power Holding is currently does not generate positive expected returns and assumes 13.0685% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Elong, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Elong Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elong Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elong Power Holding, and traders can use it to determine the average amount a Elong Power'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 = -0.1602
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| Negative Returns | ELPW |
Estimated Market Risk
| 13.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elong Power 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 Elong Power by adding Elong Power to a well-diversified portfolio.
About Elong Power Performance
Evaluating Elong Power's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Elong Power 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 Elong Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Elong Power is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Elong Power Holding performance evaluation
Checking the ongoing alerts about Elong Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elong Power Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elong Power Holding generated a negative expected return over the last 90 days | |
| Elong Power Holding has high historical volatility and very poor performance | |
| Elong Power Holding has some characteristics of a very speculative penny stock |
- Analyzing Elong Power'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 Elong Power's stock is overvalued or undervalued compared to its peers.
- Examining Elong Power'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 Elong Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elong Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elong Power's stock. These opinions can provide insight into Elong Power's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elong Stock Analysis
When running Elong Power's price analysis, check to measure Elong Power'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 Elong Power is operating at the current time. Most of Elong Power's value examination focuses on studying past and present price action to predict the probability of Elong Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elong Power's price. Additionally, you may evaluate how the addition of Elong Power to your portfolios can decrease your overall portfolio volatility.