Elin Electronics (India) Price Prediction

ELIN Stock   200.11  5.73  2.78%   
At the present time, The relative strength index (RSI) of Elin Electronics' share price is at 59 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Elin Electronics, making its price go up or down.

Oversold Vs Overbought

59

 
Oversold
 
Overbought
The successful prediction of Elin Electronics' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Elin Electronics and does not consider all of the tangible or intangible factors available from Elin Electronics' fundamental data. We analyze noise-free headlines and recent hype associated with Elin Electronics Limited, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Elin Electronics' stock price prediction:
Quarterly Earnings Growth
0.57
Wall Street Target Price
250
Quarterly Revenue Growth
0.157
Using Elin Electronics hype-based prediction, you can estimate the value of Elin Electronics Limited from the perspective of Elin Electronics 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 Elin Electronics to buy its stock at a price that has no basis in reality. In that case, they are not buying Elin 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.

Elin Electronics after-hype prediction price

    
  INR 198.98  
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 Elin Electronics Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
178.58181.58220.12
Details
Naive
Forecast
LowNextHigh
184.14187.14190.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.251.251.25
Details

Elin Electronics After-Hype Price Prediction Density Analysis

As far as predicting the price of Elin Electronics 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 Elin Electronics 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 Elin Electronics, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Elin Electronics Estimiated After-Hype Price Volatility

In the context of predicting Elin Electronics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Elin Electronics' historical news coverage. Elin Electronics' after-hype downside and upside margins for the prediction period are 195.98 and 201.98, respectively. We have considered Elin Electronics' 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
200.11
195.98
Downside
198.98
After-hype Price
201.98
Upside
Elin Electronics is very steady at this time. Analysis and calculation of next after-hype price of Elin Electronics is based on 3 months time horizon.

Elin Electronics Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Elin Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elin Electronics 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 Elin Electronics, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.29 
3.00
  1.13 
  1.78 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
200.11
198.98
0.56 
76.73  
Notes

Elin Electronics Hype Timeline

Elin Electronics is currently traded for 200.11on National Stock Exchange of India of India. The entity has historical hype elasticity of -1.13, and average elasticity to hype of competition of -1.78. Elin is projected to decline in value after the next headline, with the price expected to drop to 198.98. The average volatility of media hype impact on the company price is about 76.73%. The price decline on the next news is expected to be -0.56%, whereas the daily expected return is currently at -0.29%. The volatility of related hype on Elin Electronics is about 48.78%, with the expected price after the next announcement by competition of 198.33. About 50.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Elin Electronics last dividend was issued on the 22nd of September 2023. Assuming the 90 days trading horizon the next projected press release will be very soon.
Check out Elin Electronics Basic Forecasting Models to cross-verify your projections.

Elin Electronics Related Hype Analysis

Having access to credible news sources related to Elin Electronics' direct competition is more important than ever and may enhance your ability to predict Elin Electronics' future price movements. Getting to know how Elin Electronics' 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 Elin Electronics may potentially react to the hype associated with one of its peers.

Elin Electronics Additional Predictive Modules

Most predictive techniques to examine Elin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elin using various technical indicators. When you analyze Elin 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 Elin Electronics Predictive Indicators

The successful prediction of Elin Electronics 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 Elin Electronics Limited, 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 Elin Electronics based on analysis of Elin Electronics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Elin Electronics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Elin Electronics's related companies.

Story Coverage note for Elin Electronics

The number of cover stories for Elin Electronics depends on current market conditions and Elin Electronics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Elin Electronics is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Elin Electronics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Elin Electronics Short Properties

Elin Electronics' future price predictability will typically decrease when Elin Electronics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Elin Electronics Limited often depends not only on the future outlook of the potential Elin Electronics' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Elin Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding47.9 M
Cash And Short Term Investments930.3 M

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.