Elgi Rubber (India) Analysis
| ELGIRUBCO | 99.16 0.35 0.35% |
Elgi Rubber is overvalued with Real Value of 88.34 and Hype Value of 99.69. The main objective of Elgi Rubber stock analysis is to determine its intrinsic value, which is an estimate of what Elgi Rubber is worth, separate from its market price. There are two main types of Elgi Rubber's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Elgi Rubber's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Elgi Rubber's stock to identify patterns and trends that may indicate its future price movements.
The Elgi Rubber stock is traded in India on National Stock Exchange of India, with the market opening at 09:15:00 and closing at 15:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in India. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elgi Rubber's ongoing operational relationships across important fundamental and technical indicators.
Elgi |
Elgi Stock Analysis Notes
The book value of the company was currently reported as 37.91. The company recorded earning per share (EPS) of 5.37. Elgi Rubber last dividend was issued on the 18th of March 2020. To learn more about Elgi Rubber call the company at 91 42 2232 1000 or check out https://www.elgirubber.com.Elgi Rubber Quarterly Total Revenue |
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Elgi Rubber Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Elgi Rubber's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Elgi Rubber or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Elgi Rubber generated a negative expected return over the last 90 days | |
| Elgi Rubber has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Stock market update Nifty Realty index 0.62 percent - MSN |
Elgi Rubber Thematic Classifications
In addition to having Elgi Rubber stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | PlasticsRubber and plastics accessories |
Elgi Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elgi Rubber's market, we take the total number of its shares issued and multiply it by Elgi Rubber's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Elgi Profitablity
Elgi Rubber's profitability indicators refer to fundamental financial ratios that showcase Elgi Rubber's ability to generate income relative to its revenue or operating costs. If, let's say, Elgi Rubber is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elgi Rubber's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Elgi Rubber's profitability requires more research than a typical breakdown of Elgi Rubber's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.01. Management Efficiency
The current year's Net Tangible Assets is expected to grow to about 1.7 B, whereas Total Assets are forecasted to decline to about 5.6 B. Elgi Rubber's management efficiency ratios could be used to measure how well Elgi Rubber manages its routine affairs as well as how well it operates its assets and liabilities.The strategic initiatives led by Elgi Rubber's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin 0.0094 | Profit Margin 0.0693 | Beta 0.636 | Return On Assets 0.0066 | Return On Equity 0.0624 |
Technical Drivers
As of the 26th of November, Elgi Rubber shows the Mean Deviation of 2.62, coefficient of variation of 19879.02, and Downside Deviation of 3.44. Elgi Rubber technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Elgi Rubber Price Movement Analysis
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Elgi Rubber Outstanding Bonds
Elgi Rubber issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Elgi Rubber uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Elgi bonds can be classified according to their maturity, which is the date when Elgi Rubber has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Elgi Rubber Predictive Daily Indicators
Elgi Rubber intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elgi Rubber stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Elgi Rubber Forecast Models
Elgi Rubber's time-series forecasting models are one of many Elgi Rubber's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elgi Rubber's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Elgi Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Elgi Rubber prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elgi shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elgi Rubber. By using and applying Elgi Stock analysis, traders can create a robust methodology for identifying Elgi entry and exit points for their positions.
Elgi Rubber is entity of India. It is traded as Stock on NSE exchange.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Elgi Rubber to your portfolios without increasing risk or reducing expected return.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Complementary Tools for Elgi Stock analysis
When running Elgi Rubber's price analysis, check to measure Elgi Rubber'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 Elgi Rubber is operating at the current time. Most of Elgi Rubber's value examination focuses on studying past and present price action to predict the probability of Elgi Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elgi Rubber's price. Additionally, you may evaluate how the addition of Elgi Rubber to your portfolios can decrease your overall portfolio volatility.
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