Electrovaya Stock Technical Analysis

ELVA Stock   11.23  0.15  1.35%   
As of the 23rd of January, Electrovaya shows the Coefficient Of Variation of 582.2, mean deviation of 3.46, and Downside Deviation of 3.89. Electrovaya 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.

Electrovaya Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Electrovaya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElectrovayaElectrovaya's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Electrovaya Analyst Consensus

Target PriceAdvice# of Analysts
8.8Strong Buy5Odds
Electrovaya current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Electrovaya analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Electrovaya stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Electrovaya, talking to its executives and customers, or listening to Electrovaya conference calls.
Electrovaya Analyst Advice Details
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electrovaya. If investors know Electrovaya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electrovaya listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.08
Revenue Per Share
1.633
Quarterly Revenue Growth
0.775
Return On Assets
0.067
Return On Equity
0.1694
The market value of Electrovaya is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electrovaya's market value can be influenced by many factors that don't directly affect Electrovaya's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electrovaya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Electrovaya '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 Electrovaya's 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 Electrovaya.
0.00
10/25/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/23/2026
0.00
If you would invest  0.00  in Electrovaya on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Electrovaya or generate 0.0% return on investment in Electrovaya over 90 days. Electrovaya is related to or competes with Solid Power, Novonix, Tecogen, StealthGas, Montana Technologies, Southland Holdings, and CompX International. Electrovaya is entity of United States. It is traded as Stock on NASDAQ exchange. More

Electrovaya 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 Electrovaya's 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 Electrovaya upside and downside potential and time the market with a certain degree of confidence.

Electrovaya Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Electrovaya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electrovaya's standard deviation. In reality, there are many statistical measures that can use Electrovaya historical prices to predict the future Electrovaya's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electrovaya's 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
5.5810.9416.30
Details
Intrinsic
Valuation
LowRealHigh
3.719.0714.43
Details
Naive
Forecast
LowNextHigh
6.7612.1217.48
Details
5 Analysts
Consensus
LowTargetHigh
8.018.809.77
Details

Electrovaya January 23, 2026 Technical Indicators

Electrovaya Backtested Returns

Electrovaya is slightly risky given 3 months investment horizon. Electrovaya secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use Electrovaya Downside Deviation of 3.89, mean deviation of 3.46, and Coefficient Of Variation of 582.2 to evaluate company specific risk that cannot be diversified away. Electrovaya holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.62, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Electrovaya will likely underperform. Use Electrovaya downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Electrovaya.

Auto-correlation

    
  -0.53  

Good reverse predictability

Electrovaya has good reverse predictability. Overlapping area represents the amount of predictability between Electrovaya time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 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 Electrovaya price movement. The serial correlation of -0.53 indicates that about 53.0% of current Electrovaya price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.51
Residual Average0.0
Price Variance2.23
Electrovaya 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.
A focus of Electrovaya technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electrovaya trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Electrovaya Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Electrovaya volatility. High ATR values indicate high volatility, and low values indicate low volatility.

About Electrovaya 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 Electrovaya 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 Electrovaya based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Electrovaya price pattern first instead of the macroeconomic environment surrounding Electrovaya. By analyzing Electrovaya'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 Electrovaya'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 Electrovaya specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2025 2026 (projected)
Graham Number1.120.99
Receivables Turnover3.473.25

Electrovaya January 23, 2026 Technical Indicators

Most technical analysis of Electrovaya 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 Electrovaya from various momentum indicators to cycle indicators. When you analyze Electrovaya 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.

Electrovaya January 23, 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 Electrovaya 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.

Complementary Tools for Electrovaya Stock analysis

When running Electrovaya's price analysis, check to measure Electrovaya'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 Electrovaya is operating at the current time. Most of Electrovaya's value examination focuses on studying past and present price action to predict the probability of Electrovaya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrovaya's price. Additionally, you may evaluate how the addition of Electrovaya to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments