Elma Electronic (Switzerland) Price on June 5, 2023
| ELMN Stock | CHF 1,050 0.00 0.00% |
If you're considering investing in Elma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elma Electronic stands at 1,050, as last reported on the 22nd of December, with the highest price reaching 1,050 and the lowest price hitting 1,050 during the day. At this stage we consider Elma Stock to be very steady. Elma Electronic AG secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Elma Electronic AG, which you can use to evaluate the volatility of the firm. Please confirm Elma Electronic's Downside Deviation of 1.72, coefficient of variation of 1572.43, and Mean Deviation of 1.03 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Elma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elma |
Sharpe Ratio = 0.2157
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Elma Electronic is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elma Electronic by adding it to a well-diversified portfolio.
Elma Electronic Valuation on June 5, 2023
It is possible to determine the worth of Elma Electronic on a given historical date. On June 5, 2023 Elma was worth 998.04 at the beginning of the trading date compared to the closed value of 998.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elma Electronic stock. Still, in general, we apply an absolute valuation method to find Elma Electronic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Elma Electronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elma Electronic's related companies.
| Open | High | Low | Close | Volume | |
| 998.04 | 998.04 | 998.04 | 998.04 | 10.00 | |
06/05/2023 | 998.04 | 998.04 | 998.04 | 998.04 | 2.00 |
| 1,008 | 1,008 | 1,008 | 1,008 | 12.00 |
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Elma Electronic Trading Date Momentum on June 5, 2023
| On June 06 2023 Elma Electronic AG was traded for 1,008 at the closing time. The highest price during the trading period was 1,008 and the lowest recorded bid was listed for 1,008 . The volume for the day was 12.0. This history from June 6, 2023 contributed to the next trading day price increase. The overall trading delta to the next closing price was 1.00% . The overall trading delta to the current price is 1.00% . |
Elma Electronic AG Fundamentals Correlations and Trends
By evaluating Elma Electronic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Elma Electronic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elma Electronic Stock history
Elma Electronic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Elma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elma Electronic AG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Elma Electronic stock prices may prove useful in developing a viable investing in Elma Electronic
Elma Electronic AG manufactures and sells electronic packaging products for the embedded systems market worldwide. The company was founded in 1960 and is headquartered in Wetzikon, Switzerland. Elma Electronic operates under Electronic Components classification in Switzerland and is traded on Switzerland Exchange. It employs 745 people.
Elma Electronic Stock Technical Analysis
Elma Electronic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Elma Electronic Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Elma Electronic AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Elma Electronic December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Elma Electronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elma Electronic shares will generate the highest return on investment. By undertsting and applying Elma Electronic stock market strength indicators, traders can identify Elma Electronic AG entry and exit signals to maximize returns
Elma Electronic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elma Electronic's price direction in advance. Along with the technical and fundamental analysis of Elma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elma to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0545 | |||
| Jensen Alpha | 0.0741 | |||
| Total Risk Alpha | 0.0381 | |||
| Sortino Ratio | 0.0313 | |||
| Treynor Ratio | 0.9223 |
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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.