Elliptic Laboratories (Norway) Technical Analysis
| ELABS Stock | NOK 4.56 0.18 4.11% |
As of the 10th of February, Elliptic Laboratories shows the Mean Deviation of 3.16, variance of 15.9, and Standard Deviation of 3.99. Elliptic Laboratories 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.
Elliptic Laboratories Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elliptic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EllipticElliptic |
Elliptic Laboratories 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elliptic Laboratories' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elliptic Laboratories.
| 11/12/2025 |
| 02/10/2026 |
If you would invest 0.00 in Elliptic Laboratories on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding Elliptic Laboratories AS or generate 0.0% return on investment in Elliptic Laboratories over 90 days. Elliptic Laboratories is related to or competes with Ensurge Micropower, Polight ASA, Itera ASA, Webstep ASA, Techstep ASA, REC Silicon, and Next Biometrics. Elliptic Laboratories AS provides software-based artificial intelligence virtual smart sensors in Norway, China, South K... More
Elliptic Laboratories Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elliptic Laboratories' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elliptic Laboratories AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 4.11 |
Elliptic Laboratories Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elliptic Laboratories' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elliptic Laboratories' standard deviation. In reality, there are many statistical measures that can use Elliptic Laboratories historical prices to predict the future Elliptic Laboratories' volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (1.13) | |||
| Total Risk Alpha | (1.56) | |||
| Treynor Ratio | (13.80) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elliptic Laboratories' 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.
Elliptic Laboratories February 10, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.22) | |||
| Market Risk Adjusted Performance | (13.79) | |||
| Mean Deviation | 3.16 | |||
| Coefficient Of Variation | (358.60) | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.9 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (1.13) | |||
| Total Risk Alpha | (1.56) | |||
| Treynor Ratio | (13.80) | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 4.11 | |||
| Skewness | (0.23) | |||
| Kurtosis | 0.6316 |
Elliptic Laboratories Backtested Returns
Elliptic Laboratories secures Sharpe Ratio (or Efficiency) of -0.24, which denotes the company had a -0.24 % return per unit of risk over the last 3 months. Elliptic Laboratories AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elliptic Laboratories' Mean Deviation of 3.16, variance of 15.9, and Standard Deviation of 3.99 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0813, which means not very significant fluctuations relative to the market. As returns on the market increase, Elliptic Laboratories' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elliptic Laboratories is expected to be smaller as well. At this point, Elliptic Laboratories has a negative expected return of -0.91%. Please make sure to confirm Elliptic Laboratories' maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Elliptic Laboratories performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Elliptic Laboratories AS has very good predictability. Overlapping area represents the amount of predictability between Elliptic Laboratories time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elliptic Laboratories price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Elliptic Laboratories price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Elliptic Laboratories technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Elliptic Laboratories Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Elliptic Laboratories across different markets.
About Elliptic Laboratories Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elliptic Laboratories AS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elliptic Laboratories AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elliptic Laboratories price pattern first instead of the macroeconomic environment surrounding Elliptic Laboratories. By analyzing Elliptic Laboratories's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elliptic Laboratories's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elliptic Laboratories specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elliptic Laboratories February 10, 2026 Technical Indicators
Most technical analysis of Elliptic 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 Elliptic from various momentum indicators to cycle indicators. When you analyze Elliptic charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.22) | |||
| Market Risk Adjusted Performance | (13.79) | |||
| Mean Deviation | 3.16 | |||
| Coefficient Of Variation | (358.60) | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.9 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (1.13) | |||
| Total Risk Alpha | (1.56) | |||
| Treynor Ratio | (13.80) | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 4.11 | |||
| Skewness | (0.23) | |||
| Kurtosis | 0.6316 |
Elliptic Laboratories February 10, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Elliptic stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 26,655 | ||
| Daily Balance Of Power | 0.51 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 4.63 | ||
| Day Typical Price | 4.60 | ||
| Price Action Indicator | 0.02 |
Other Information on Investing in Elliptic Stock
Elliptic Laboratories financial ratios help investors to determine whether Elliptic 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 Elliptic with respect to the benefits of owning Elliptic Laboratories security.