Elma Electronic (Switzerland) Market Value
| ELMN Stock | CHF 1,170 0.00 0.00% |
| Symbol | Elma |
Elma Electronic '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 Elma Electronic'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 Elma Electronic.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Elma Electronic on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Elma Electronic AG or generate 0.0% return on investment in Elma Electronic over 90 days. Elma Electronic is related to or competes with Carlo Gavazzi, Feintool International, Graubuendner Kantonalbank, Also Holding, and Groupe Minoteries. Elma Electronic AG manufactures and sells electronic packaging products for the embedded systems market worldwide More
Elma Electronic 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 Elma Electronic'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 Elma Electronic AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9887 | |||
| Information Ratio | 0.0545 | |||
| Maximum Drawdown | 2.79 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.77 |
Elma Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elma Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elma Electronic's standard deviation. In reality, there are many statistical measures that can use Elma Electronic historical prices to predict the future Elma Electronic's volatility.| Risk Adjusted Performance | 0.244 | |||
| Jensen Alpha | 0.1603 | |||
| Total Risk Alpha | 0.0728 | |||
| Sortino Ratio | 0.0382 | |||
| Treynor Ratio | 1.77 |
Elma Electronic AG Backtested Returns
Elma Electronic appears to be very steady, given 3 months investment horizon. Elma Electronic AG secures Sharpe Ratio (or Efficiency) of 0.45, which denotes the company had a 0.45 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Elma Electronic AG, which you can use to evaluate the volatility of the firm. Please utilize Elma Electronic's Coefficient Of Variation of 376.65, mean deviation of 0.5159, and Standard Deviation of 0.6919 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elma Electronic holds a performance score of 35. The firm shows a Beta (market volatility) of 0.0983, which means not very significant fluctuations relative to the market. As returns on the market increase, Elma Electronic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elma Electronic is expected to be smaller as well. Please check Elma Electronic's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Elma Electronic's price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Elma Electronic AG has good predictability. Overlapping area represents the amount of predictability between Elma Electronic time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Elma Electronic AG price movement. The serial correlation of 0.74 indicates that around 74.0% of current Elma Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 155.1 |
Elma Electronic AG lagged returns against current returns
Autocorrelation, which is Elma Electronic 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 Elma Electronic's stock expected returns. We can calculate the autocorrelation of Elma Electronic returns to help us make a trade decision. For example, suppose you find that Elma Electronic 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 |
Elma Electronic 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 Elma Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elma Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elma Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
Elma Electronic Lagged Returns
When evaluating Elma Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elma Electronic stock have on its future price. Elma Electronic 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, Elma Electronic autocorrelation shows the relationship between Elma Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in Elma Electronic AG.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Elma Stock Analysis
When running Elma Electronic's price analysis, check to measure Elma Electronic'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 Elma Electronic is operating at the current time. Most of Elma Electronic's value examination focuses on studying past and present price action to predict the probability of Elma Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elma Electronic's price. Additionally, you may evaluate how the addition of Elma Electronic to your portfolios can decrease your overall portfolio volatility.