E L Financial 3 Preferred Stock Today
| ELF-PH Preferred Stock | CAD 20.30 0.02 0.1% |
Performance0 of 100
| Odds Of DistressOver 69
|
E L is trading at 20.30 as of the 29th of April 2024, a -0.1 percent decrease since the beginning of the trading day. The preferred stock's open price was 20.32. E L has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for E L Financial 3 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. The company was incorporated in 1968 and is headquartered in Toronto, Canada. E L operates under Insurance - Property Casualty classification in Canada and is traded on Toronto Stock Exchange.. The company has 4.09 M outstanding shares of which 10.74 K shares are currently shorted by private and institutional investors with about 3.98 days to cover all short positions. More on E L Financial 3
Moving against ELF-PH Preferred Stock
| 0.47 | III | Imperial Metals | PairCorr |
Follow Valuation Odds of Bankruptcy
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ELF-PH Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. E L's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding E L or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Insurance - Property & Casualty, Financial Services (View all Sectors) |
E L Financial 3 (ELF-PH) is traded on Toronto Exchange in Canada and employs 8 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate E L's market, we take the total number of its shares issued and multiply it by E L'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. E L Financial operates under Financial Services sector and is part of Insurance - Property & Casualty industry. The entity has 4.09 M outstanding shares of which 10.74 K shares are currently shorted by private and institutional investors with about 3.98 days to cover all short positions.
E L Financial 3 has accumulated about 370.5 M in cash with 348.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 94.35, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationThe market capitalization of E L Financial is currently C$2.68 Billion. Roughly 88.0 percent of E L outstanding shares are held by general public with 12.41 % by other corporate entities. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it sooner or later.
Check ELF-PH Ownership Details
ELF-PH Stock Price Odds Analysis
What are E L's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of E L jumping above the current price in 90 days from now is about 99.0%. The E L Financial 3 probability density function shows the probability of E L preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon E L has a beta of 0.1814 suggesting as returns on the market go up, E L average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding E L Financial 3 will be expected to be much smaller as well. Additionally, e L Financial 3 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of E L to move above the current price in 90 days from now is about 99.0 (This E L Financial 3 probability density function shows the probability of ELF-PH Preferred Stock to fall within a particular range of prices over 90 days) .
E L Financial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. E L market risk premium is the additional return an investor will receive from holding E L long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in E L. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although E L's alpha and beta are two of the key measurements used to evaluate E L's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4087 | |||
| Standard Deviation | 0.6212 | |||
| Variance | 0.3859 | |||
| Risk Adjusted Performance | (0.06) |
ELF-PH Stock Against Markets
Picking the right benchmark for E L preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in E L preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for E L is critical whether you are bullish or bearish towards E L Financial 3 at a given time. Please also check how E L's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in E L without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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E L Corporate Management
Elected by the shareholders, the E L's board of directors comprises two types of representatives: E L inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ELF-PH. The board's role is to monitor E L's management team and ensure that shareholders' interests are well served. E L's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, E L's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Sylvia | CEO Company | Profile | |
| Steven Whitelaw | Sr Dominion | Profile | |
| Duncan Jackman | Pres Chairman | Profile | |
| Susan Clifford | Treasurer | Profile | |
| FSA FCIA | VP CFO | Profile | |
| Richard Carty | Gen VP | Profile | |
| Nora Hohman | VicePres Dominion | Profile |
How to buy ELF-PH Preferred Stock?
Before investing in E L, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in E L. To buy E L preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of E L. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase E L preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located E L Financial 3 preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased E L Financial 3 preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as E L Financial 3, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in E L Financial 3?
The danger of trading E L Financial 3 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of E L is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than E L. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile E L Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E L Financial 3. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for ELF-PH Preferred Stock analysis
When running E L's price analysis, check to measure E L'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 E L is operating at the current time. Most of E L's value examination focuses on studying past and present price action to predict the probability of E L's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E L's price. Additionally, you may evaluate how the addition of E L to your portfolios can decrease your overall portfolio volatility.
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