E L Financial Corp Stock Today
| ELF Stock | CAD 1,094 20.35 1.89% |
Performance7 of 100
| Odds Of DistressLess than 5
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E L is selling at 1094.25 as of the 30th of April 2024; that is 1.89 percent increase since the beginning of the trading day. The stock's open price was 1073.9. E L has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for E L Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of August 2023 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Insurance | Category Financial Services | Classification Financials |
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 3.46 M outstanding shares of which 1.27 K shares are currently shorted by private and institutional investors with about 3.15 days to cover all short positions. More on E L Financial Corp
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Moving against ELF Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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ELF 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.
| Chairman, CEO and Pres | Duncan Jackman | ||||
| Business Concentration | Life & Health Insurance, Insurance - Life, Financial Services, Financials, Insurance, Insurance - Property & Casualty, Financial Services (View all Sectors) | ||||
E L's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to E L's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand E L's financial leverage. It provides some insight into what part of E L's total assets is financed by creditors.
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E L Financial Corp (ELF) is traded on Toronto Exchange in Canada and employs 18 people. E L is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.79 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 Insurance sector and is part of Financials industry. The entity has 3.46 M outstanding shares of which 1.27 K shares are currently shorted by private and institutional investors with about 3.15 days to cover all short positions.
E L Financial Corp has accumulated about 130.71 M in cash with 736.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 93.96.
Check E L Probability Of Bankruptcy
Ownership AllocationThe market capitalization of E L Financial is currently C$3.79 Billion. E L Financial retains tangible amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Ownership Details
ELF Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of E L jumping above the current price in 90 days from now is about 7.0%. The E L Financial Corp probability density function shows the probability of E L stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon E L has a beta of 0.0555 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 Corp will be expected to be much smaller as well. Additionally, e L Financial Corp has an alpha of 0.0873, implying that it can generate a 0.0873 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of E L to move above the current price in 90 days from now is about 7.0 (This E L Financial Corp probability density function shows the probability of ELF 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 | 0.6454 | |||
| Semi Deviation | 0.7436 | |||
| Standard Deviation | 0.98 | |||
| Variance | 0.9605 |
ELF Stock Against Markets
Picking the right benchmark for E L 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 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 Corp 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 Directors
E L corporate directors refer to members of an E L board of directors. The board of directors generally takes responsibility for the E L's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of E L's board members must vote for the resolution. The E L board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Clive Rowe | Director | Profile | |
| R Matthews | Independent Director | Profile | |
| Henry Jackman | Director | Profile | |
| Christopher Barron | Independent Director | Profile |
How to buy ELF 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 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 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 Corp 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 Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as E L Financial Corp, 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 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 Corp?
The danger of trading E L Financial Corp 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 Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the E L Financial information on this page should be used as a complementary analysis to other E L's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for ELF 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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