Elicio Therapeutics Stock Statistic Functions Beta

ELTX Stock   4.93  0.19  3.71%   
Elicio Therapeutics statistic functions tool provides the execution environment for running the Beta function and other technical functions against Elicio Therapeutics. Elicio Therapeutics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Elicio Therapeutics statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Elicio Therapeutics correlated with the market. If Beta is less than 0 Elicio Therapeutics generally moves in the opposite direction as compared to the market. If Elicio Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elicio Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elicio Therapeutics is generally in the same direction as the market. If Beta > 1 Elicio Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.

Elicio Therapeutics Technical Analysis Modules

Most technical analysis of Elicio Therapeutics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elicio from various momentum indicators to cycle indicators. When you analyze Elicio 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 Elicio Therapeutics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elicio Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elicio Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Elicio Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elicio Therapeutics's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Elicio Therapeutics's intrinsic value. In addition to deriving basic predictive indicators for Elicio Therapeutics, we also check how macroeconomic factors affect Elicio Therapeutics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Graham Number18.7717.83
Receivables Turnover33.8917.01
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elicio Therapeutics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.034.869.69
Details
Intrinsic
Valuation
LowRealHigh
1.646.4711.30
Details
Naive
Forecast
LowNextHigh
0.094.699.52
Details
3 Analysts
Consensus
LowTargetHigh
10.9212.0013.32
Details

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Additional Tools for Elicio Stock Analysis

When running Elicio Therapeutics' price analysis, check to measure Elicio Therapeutics' 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 Elicio Therapeutics is operating at the current time. Most of Elicio Therapeutics' value examination focuses on studying past and present price action to predict the probability of Elicio Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elicio Therapeutics' price. Additionally, you may evaluate how the addition of Elicio Therapeutics to your portfolios can decrease your overall portfolio volatility.