ELEKTROBIT (Germany) Analysis

ELEKTROBIT Stock Analysis Notes

The company has price-to-book ratio of 1.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. ELEKTROBIT had 1:5 split on the 11th of April 2005.

ELEKTROBIT Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 192.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ELEKTROBIT's market, we take the total number of its shares issued and multiply it by ELEKTROBIT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 19th of July, ELEKTROBIT shows the downside deviation of 2.89, and Mean Deviation of 1.77. ELEKTROBIT 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. Please confirm ELEKTROBIT coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if ELEKTROBIT is priced some-what accurately, providing market reflects its regular price of 9.09 per share.

ELEKTROBIT Price Movement Analysis

ELEKTROBIT Predictive Daily Indicators

ELEKTROBIT Forecast Models

ELEKTROBIT's time-series forecasting models are one of many ELEKTROBIT's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ELEKTROBIT's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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