Elron Electronic (Israel) Performance
| ELRN Stock | ILS 449.00 16.00 3.44% |
On a scale of 0 to 100, Elron Electronic holds a performance score of 4. The firm shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Elron Electronic are expected to decrease at a much lower rate. During the bear market, Elron Electronic is likely to outperform the market. Please check Elron Electronic's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Elron Electronic's price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Elron Electronic Industries are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Elron Electronic sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 16.6 M | |
| Total Cashflows From Investing Activities | -12 M |
Elron |
Elron Electronic Relative Risk vs. Return Landscape
If you would invest 42,193 in Elron Electronic Industries on August 28, 2024 and sell it today you would earn a total of 2,707 from holding Elron Electronic Industries or generate 6.42% return on investment over 90 days. Elron Electronic Industries is generating 0.2742% of daily returns and assumes 5.2939% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than Elron, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elron Electronic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elron Electronic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elron Electronic Industries, and traders can use it to determine the average amount a Elron Electronic'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 = 0.0518
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Estimated Market Risk
| 5.29 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Elron Electronic is performing at about 4% of its full potential. 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 Elron Electronic by adding it to a well-diversified portfolio.
Elron Electronic Fundamentals Growth
Elron Stock prices reflect investors' perceptions of the future prospects and financial health of Elron Electronic, and Elron Electronic 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 Elron Stock performance.
| Return On Equity | 0.49 | |||
| Return On Asset | 0.37 | |||
| Profit Margin | 0.72 % | |||
| Operating Margin | 0.93 % | |||
| Current Valuation | 19.14 M | |||
| Shares Outstanding | 51.92 M | |||
| Price To Book | 0.46 X | |||
| Price To Sales | 2.46 X | |||
| EBITDA | 18.61 M | |||
| Cash And Equivalents | 48.5 M | |||
| Cash Per Share | 1.68 X | |||
| Total Debt | 8.32 M | |||
| Debt To Equity | 0.70 % | |||
| Book Value Per Share | 3.41 X | |||
| Cash Flow From Operations | (5.19 M) | |||
| Earnings Per Share | 5.08 X | |||
| Total Asset | 144.24 M | |||
| Retained Earnings | (50 M) | |||
| Current Asset | 146 M | |||
| Current Liabilities | 6 M | |||
About Elron Electronic Performance
By analyzing Elron Electronic's fundamental ratios, stakeholders can gain valuable insights into Elron Electronic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elron Electronic 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 Elron Electronic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Elron Electronic Industries Ltd., through its subsidiaries, provides technology products in the medical devices and cyber fields. Elron Electronic Industries Ltd. is a subsidiary of Discount Investment Corporation Limited. ELRON ELECTRONIC operates under Conglomerates classification in Israel and is traded on Tel Aviv Stock Exchange.Things to note about Elron Electronic Ind performance evaluation
Checking the ongoing alerts about Elron Electronic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elron Electronic Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elron Electronic Ind had very high historical volatility over the last 90 days | |
| Elron Electronic Industries has accumulated about 48.5 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68. | |
| Roughly 60.0% of the company shares are held by company insiders |
- Analyzing Elron Electronic'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 Elron Electronic's stock is overvalued or undervalued compared to its peers.
- Examining Elron Electronic'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 Elron Electronic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elron Electronic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elron Electronic's stock. These opinions can provide insight into Elron Electronic's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elron Stock analysis
When running Elron Electronic's price analysis, check to measure Elron Electronic'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 Elron Electronic is operating at the current time. Most of Elron Electronic's value examination focuses on studying past and present price action to predict the probability of Elron Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elron Electronic's price. Additionally, you may evaluate how the addition of Elron Electronic to your portfolios can decrease your overall portfolio volatility.
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