Elastic Nv Stock Performance
| ESTC Stock | USD 113.09 3.63 3.32% |
On a scale of 0 to 100, Elastic NV holds a performance score of 21. The firm shows a Beta (market volatility) of 1.59, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elastic NV will likely underperform. Please check Elastic NV's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Elastic NV's price patterns will revert.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Elastic NV are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Elastic NV exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.32 | Five Day Return 2.65 | Year To Date Return 6.15 | Ten Year Return 61.56 | All Time Return 61.56 |
1 | Shareholder Rights Advocates at Levi Korsinsky Investigate Elastic N.V. Regarding Possible Securities Fraud Violations | 10/21/2024 |
2 | Elastic to Announce Second Quarter Fiscal 2025 Earnings Results on Thursday, November 21, 2024 | 11/07/2024 |
3 | Elastic NV Shares Up 5.56 percent on Nov 21 | 11/21/2024 |
4 | Elastic NV Q2 2025 Earnings Call Highlights Strong Revenue Growth and AI Innovations ... | 11/22/2024 |
5 | Snowflake, Elastic Shares Rise as Wedbush Upgrades AI Outlook | 11/25/2024 |
6 | Autodesk appoints Janesh Moorjani as chief financial officer | 11/26/2024 |
7 | Elastic Upgraded Wedbush Sees AI Boom Driving Software Sector Growth | 11/29/2024 |
8 | Elastic Announces General Availability of Elastic Cloud Serverless Powered by Search AI Lake | 12/02/2024 |
| Begin Period Cash Flow | 646.6 M | |
| Free Cash Flow | 145.3 M |
Elastic |
Elastic NV Relative Risk vs. Return Landscape
If you would invest 7,334 in Elastic NV on September 4, 2024 and sell it today you would earn a total of 3,975 from holding Elastic NV or generate 54.2% return on investment over 90 days. Elastic NV is currently generating 0.7105% in daily expected returns and assumes 2.5933% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Elastic, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elastic NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elastic NV's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elastic NV, and traders can use it to determine the average amount a Elastic NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.274
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ESTC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Elastic NV is performing at about 21% 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 Elastic NV by adding it to a well-diversified portfolio.
Elastic NV Fundamentals Growth
Elastic Stock prices reflect investors' perceptions of the future prospects and financial health of Elastic NV, and Elastic NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elastic Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | -0.0394 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | (0.1) % | ||||
| Current Valuation | 10.74 B | ||||
| Shares Outstanding | 103.63 M | ||||
| Price To Earning | (41.15) X | ||||
| Price To Book | 13.98 X | ||||
| Price To Sales | 8.87 X | ||||
| Revenue | 1.27 B | ||||
| Gross Profit | 773.21 M | ||||
| EBITDA | (78.62 M) | ||||
| Net Income | 61.72 M | ||||
| Cash And Equivalents | 848.76 M | ||||
| Cash Per Share | 8.94 X | ||||
| Total Debt | 593.7 M | ||||
| Debt To Equity | 1.51 % | ||||
| Current Ratio | 1.96 X | ||||
| Book Value Per Share | 7.26 X | ||||
| Cash Flow From Operations | 148.76 M | ||||
| Earnings Per Share | 0.60 X | ||||
| Market Capitalization | 11.72 B | ||||
| Total Asset | 2.24 B | ||||
| Retained Earnings | (991.61 M) | ||||
| Working Capital | 659.81 M | ||||
| Current Asset | 146.16 M | ||||
| Current Liabilities | 93.19 M | ||||
About Elastic NV Performance
By analyzing Elastic NV's fundamental ratios, stakeholders can gain valuable insights into Elastic NV's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elastic NV has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Elastic NV has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 82.48 | 134.97 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | (0.09) | (0.10) | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.08 | 0.09 |
Things to note about Elastic NV performance evaluation
Checking the ongoing alerts about Elastic NV for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elastic NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elastic NV has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Elastic Announces General Availability of Elastic Cloud Serverless Powered by Search AI Lake |
- Analyzing Elastic NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Elastic NV's stock is overvalued or undervalued compared to its peers.
- Examining Elastic NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Elastic NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elastic NV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elastic NV's stock. These opinions can provide insight into Elastic NV's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elastic Stock analysis
When running Elastic NV's price analysis, check to measure Elastic NV'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 Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |