Elopak AS (Norway) Analysis

ELO Stock   43.00  1.15  2.60%   
Elopak AS is fairly valued with Real Value of 43.23 and Hype Value of 43.0. The main objective of Elopak AS stock analysis is to determine its intrinsic value, which is an estimate of what Elopak AS is worth, separate from its market price. There are two main types of Elopak AS's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Elopak AS's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Elopak AS's stock to identify patterns and trends that may indicate its future price movements.
The Elopak AS stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elopak AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Elopak Stock Analysis Notes

About 85.0% of the company shares are held by institutions such as insurance companies. The book value of Elopak AS was currently reported as 0.98. The company last dividend was issued on the 13th of May 2022. To learn more about Elopak AS call Thomas Kormendi at 47 31 27 10 00 or check out https://www.elopak.com.

Elopak AS Investment Alerts

Over 85.0% of the company shares are held by institutions such as insurance companies

Elopak Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elopak AS's market, we take the total number of its shares issued and multiply it by Elopak AS'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.

Technical Drivers

As of the 27th of November, Elopak AS shows the Coefficient Of Variation of 1891.9, mean deviation of 1.47, and Downside Deviation of 1.55. Elopak AS 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. Please confirm Elopak AS maximum drawdown, and the relationship between the information ratio and downside variance to decide if Elopak AS is priced favorably, providing market reflects its regular price of 43.0 per share.

Elopak AS Price Movement Analysis

The output start index for this execution was three with a total number of output elements of fifty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elopak AS middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elopak AS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Elopak AS Outstanding Bonds

Elopak AS 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. Elopak AS 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 Elopak bonds can be classified according to their maturity, which is the date when Elopak AS 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.

Elopak AS Predictive Daily Indicators

Elopak AS 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 Elopak AS 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.

Elopak AS Forecast Models

Elopak AS's time-series forecasting models are one of many Elopak AS'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 Elopak AS'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.

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 Elopak AS to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Elopak Stock

Elopak AS financial ratios help investors to determine whether Elopak 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 Elopak with respect to the benefits of owning Elopak AS security.