Elin Electronics Stock Sees Significant Increase, Outperforms Sector and Market - MarketsMojo
| ELIN Stock | 206.78 2.01 0.96% |
Slightly above 61% of Elin Electronics' investor base is looking to short. The analysis of overall sentiment of trading Elin Electronics Limited stock suggests that many investors are alarmed at this time. Elin Electronics' investing sentiment can be driven by a variety of factors including economic data, Elin Electronics' earnings reports, geopolitical events, and overall market trends.
Elin Electronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Elin daily returns and investor perception about the current price of Elin Electronics Limited as well as its diversification or hedging effects on your existing portfolios.
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Elin Electronics Stock Sees Significant Increase, Outperforms Sector and Market MarketsMojo
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Elin Electronics Fundamental Analysis
We analyze Elin Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elin Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elin Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Elin Electronics is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Elin Electronics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elin Electronics stock to make a market-neutral strategy. Peer analysis of Elin Electronics could also be used in its relative valuation, which is a method of valuing Elin Electronics by comparing valuation metrics with similar companies.
Peers
Elin Electronics Related Equities
| ICICIBANK | ICICI Bank | 0.81 | ||||
| HDFCBANK | HDFC Bank | 0.42 | ||||
| RELIANCE | Reliance Industries | 0.37 | ||||
| LICI | Life Insurance | 0.55 | ||||
| SBIN | State Bank | 1.58 |
Additional Tools for Elin Stock Analysis
When running Elin Electronics' price analysis, check to measure Elin Electronics' 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 Elin Electronics is operating at the current time. Most of Elin Electronics' value examination focuses on studying past and present price action to predict the probability of Elin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elin Electronics' price. Additionally, you may evaluate how the addition of Elin Electronics to your portfolios can decrease your overall portfolio volatility.