Element Fleet Management Stock Price Patterns

EFN Stock  CAD 34.50  0.35  1.02%   
As of today, the relative strength index (RSI) of Element Fleet's share price is approaching 37 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Element Fleet, making its price go up or down.

Momentum 37

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Element Fleet's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Element Fleet Management, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Element Fleet's stock price prediction:
Quarterly Earnings Growth
0.292
EPS Estimate Next Quarter
0.4631
EPS Estimate Current Year
1.7437
EPS Estimate Next Year
1.9832
Wall Street Target Price
42.45
Using Element Fleet hype-based prediction, you can estimate the value of Element Fleet Management from the perspective of Element Fleet response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Element Fleet to buy its stock at a price that has no basis in reality. In that case, they are not buying Element because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Element Fleet after-hype prediction price

    
  CAD 34.47  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Element Fleet Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
32.0533.4034.75
Details
Naive
Forecast
LowNextHigh
33.0234.3735.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.420.470.44
Details

Element Fleet After-Hype Price Density Analysis

As far as predicting the price of Element Fleet at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Element Fleet or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Element Fleet, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Element Fleet Estimiated After-Hype Price Volatility

In the context of predicting Element Fleet's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Element Fleet's historical news coverage. Element Fleet's after-hype downside and upside margins for the prediction period are 33.12 and 35.82, respectively. We have considered Element Fleet's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
34.50
34.47
After-hype Price
35.82
Upside
Element Fleet is very steady at this time. Analysis and calculation of next after-hype price of Element Fleet Management is based on 3 months time horizon.

Element Fleet Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Element Fleet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Element Fleet backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Element Fleet, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
1.35
  0.03 
  0.24 
7 Events / Month
2 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
34.50
34.47
0.09 
642.86  
Notes

Element Fleet Hype Timeline

Element Fleet Management is currently traded for 34.50on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.24. Element is estimated to decline in value after the next headline, with the price expected to drop to 34.47. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -0.09%, whereas the daily expected return is currently at -0.13%. The volatility of related hype on Element Fleet is about 73.81%, with the expected price after the next announcement by competition of 34.74. About 54.0% of the company shares are held by institutions such as insurance companies. The book value of Element Fleet was currently reported as 9.56. The company has Price/Earnings To Growth (PEG) ratio of 1.15. Element Fleet Management last dividend was issued on the 31st of December 2025. The entity had 13:420 split on the 16th of December 2011. Assuming the 90 days trading horizon the next estimated press release will be in about 7 days.
Check out Element Fleet Basic Forecasting Models to cross-verify your projections.

Element Fleet Related Hype Analysis

Having access to credible news sources related to Element Fleet's direct competition is more important than ever and may enhance your ability to predict Element Fleet's future price movements. Getting to know how Element Fleet's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Element Fleet may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TIHToromont Industries 3.84 8 per month 1.55  0.07  2.37 (2.00) 12.66 
ATRLAtkinsRealis Group(0.08)5 per month 0.00 (0.05) 3.12 (3.24) 8.64 
CAECAE Inc 0.69 9 per month 1.49  0.06  2.98 (2.28) 10.00 
STNStantec(0.08)5 per month 0.00 (0.20) 1.97 (2.50) 8.73 
BBD-BBombardier 4.79 7 per month 3.04  0.09  4.41 (5.53) 16.51 
BBD-ABombardier 9.67 8 per month 2.99  0.09  4.31 (5.07) 17.48 
TFIITFI International 0.94 10 per month 1.55  0.13  3.20 (2.80) 10.21 
BDIBlack Diamond Group(0.08)8 per month 1.11  0.08  2.61 (1.62) 6.17 
FTTFinning International(0.48)9 per month 1.64  0.12  3.61 (3.02) 9.57 
SOBOSouth Bow(0.92)7 per month 1.22  0.07  1.65 (1.99) 8.27 

Element Fleet Additional Predictive Modules

Most predictive techniques to examine Element price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Element using various technical indicators. When you analyze Element charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Element Fleet Predictive Indicators

The successful prediction of Element Fleet stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Element Fleet Management, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Element Fleet based on analysis of Element Fleet hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Element Fleet's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Element Fleet's related companies.
 2023 2024 2025 2026 (projected)
Dividend Yield0.0210.01830.01650.0147
Price To Sales Ratio4.415.246.0210.35

Pair Trading with Element Fleet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Element Fleet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Element Fleet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Element Stock

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Moving against Element Stock

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  0.6GOOG Alphabet CDRPairCorr
The ability to find closely correlated positions to Element Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Fleet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Element Fleet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Element Fleet Management to buy it.
The correlation of Element Fleet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Element Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Fleet Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Element Fleet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Element Stock

Element Fleet financial ratios help investors to determine whether Element Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Element with respect to the benefits of owning Element Fleet security.