Disposition of 3457 shares by Dodds Mark Eugene of Elastic NV at 110.78 subject to Rule 16b-3

ESTC Stock  USD 113.09  3.63  3.32%   
About 52% of Elastic NV's investor base is interested to short. The analysis of the overall prospects from investing in Elastic NV suggests that many traders are, at the present time, impartial. The current market sentiment, together with Elastic NV's historical and current headlines, can help investors time the market. In addition, many technical investors use Elastic NV stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Elastic NV Officer Chief Revenue Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

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Disposition of 3457 ordinary shares at 110.78 of Elastic NV by Dodds Mark Eugene on 13th of July 2024. This event was filed by Elastic NV with SEC on 2024-06-07. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Elastic NV's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Elastic NV's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Elastic NV Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Elastic NV can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Elastic NV Historical Investor Sentiment

Investor biases related to Elastic NV's public news can be used to forecast risks associated with an investment in Elastic. The trend in average sentiment can be used to explain how an investor holding Elastic can time the market purely based on public headlines and social activities around Elastic NV. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Elastic NV's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Elastic NV and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Elastic NV news discussions. The higher the estimate score, the more favorable the investor's outlook on Elastic NV.

Elastic NV Fundamental Analysis

We analyze Elastic NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elastic NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elastic NV 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.

Earnings Per Share

Earnings Per Share Comparative Analysis

Elastic NV is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Elastic NV 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 Elastic NV stock to make a market-neutral strategy. Peer analysis of Elastic NV could also be used in its relative valuation, which is a method of valuing Elastic NV by comparing valuation metrics with similar companies.

Peers

Elastic NV Related Equities

FSLYFastly   16.39   
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100.0%
AMPLAmplitude   4.26   
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25.0%
CXMSprinklr   2.06   
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12.0%
PDPagerduty   1.93   
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11.0%
DOMODomo   1.82   
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11.0%
CDNSCadence Design   1.13   
0%
6.0%
TEAMAtlassian Corp   0.87   
0%
5.0%
HUBSHubSpot   0.35   
0%
2.0%
RNGRingcentral   0.35   
0%
2.0%
DTDynatrace Holdings   0.30   
0%
1.0%
SMARSmartsheet   0.27   
0%
1.0%
DDOGDatadog   0.09   
0%
1.0%
BILLBill   0.78   
4.0%
0%
GTLBGitlab   1.19   
7.0%
0%
ASANAsana   1.24   
7.0%
0%
MNDYMondayCom   3.74   
22.0%
0%

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.
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