ELECOM (Germany) Market Value
| 9EL Stock | EUR 10.60 0.30 2.75% |
| Symbol | ELECOM |
ELECOM '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 ELECOM'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 ELECOM.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in ELECOM on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding ELECOM LTD or generate 0.0% return on investment in ELECOM over 90 days. ELECOM is related to or competes with OPERA SOFTWARE, ATOSS SOFTWARE, Guidewire Software, Unity Software, STEEL DYNAMICS, Tianjin Capital, and Kingdee International. Elecom Co., Ltd. manufactures and sells personal computer and digital device related products worldwide More
ELECOM 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 ELECOM'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 ELECOM LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.65 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.56 |
ELECOM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ELECOM's standard deviation. In reality, there are many statistical measures that can use ELECOM historical prices to predict the future ELECOM's volatility.| Risk Adjusted Performance | 0.0939 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (16.05) |
ELECOM LTD Backtested Returns
At this point, ELECOM is not too volatile. ELECOM LTD secures Sharpe Ratio (or Efficiency) of 0.0624, which denotes the company had a 0.0624 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ELECOM LTD, which you can use to evaluate the volatility of the firm. Please confirm ELECOM's mean deviation of 1.1, and Downside Deviation of 1.66 to check if the risk estimate we provide is consistent with the expected return of 0.0861%. ELECOM has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0084, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ELECOM are expected to decrease at a much lower rate. During the bear market, ELECOM is likely to outperform the market. ELECOM LTD at this time shows a risk of 1.38%. Please confirm ELECOM LTD market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if ELECOM LTD will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
ELECOM LTD has very weak reverse predictability. Overlapping area represents the amount of predictability between ELECOM time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ELECOM LTD price movement. The serial correlation of -0.1 indicates that less than 10.0% of current ELECOM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
ELECOM LTD lagged returns against current returns
Autocorrelation, which is ELECOM stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ELECOM's stock expected returns. We can calculate the autocorrelation of ELECOM returns to help us make a trade decision. For example, suppose you find that ELECOM has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ELECOM regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ELECOM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ELECOM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ELECOM stock over time.
Current vs Lagged Prices |
| Timeline |
ELECOM Lagged Returns
When evaluating ELECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ELECOM stock have on its future price. ELECOM autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ELECOM autocorrelation shows the relationship between ELECOM stock current value and its past values and can show if there is a momentum factor associated with investing in ELECOM LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ELECOM Stock
ELECOM financial ratios help investors to determine whether ELECOM 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 ELECOM with respect to the benefits of owning ELECOM security.