Elis SA (Germany) Market Value

7EL Stock  EUR 21.42  0.38  1.74%   
Elis SA's market value is the price at which a share of Elis SA trades on a public exchange. It measures the collective expectations of Elis SA investors about its performance. Elis SA is trading at 21.42 as of the 17th of March 2025. This is a 1.74% down since the beginning of the trading day. The stock's lowest day price was 21.42.
With this module, you can estimate the performance of a buy and hold strategy of Elis SA and determine expected loss or profit from investing in Elis SA over a given investment horizon. Check out Elis SA Correlation, Elis SA Volatility and Elis SA Alpha and Beta module to complement your research on Elis SA.
Symbol

Please note, there is a significant difference between Elis SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elis SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elis SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Elis SA 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elis SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elis SA.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Elis SA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Elis SA or generate 0.0% return on investment in Elis SA over 90 days. Elis SA is related to or competes with Haier Smart, MAANSHAN IRON, ANGANG STEEL, OFFICE DEPOT, Nippon Steel, Haverty Furniture, and CALTAGIRONE EDITORE. Elis SA provides linen and work wear textile, hygiene, and well-being services in France, the United Kingdom, Ireland, C... More

Elis SA Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elis SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elis SA upside and downside potential and time the market with a certain degree of confidence.

Elis SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Elis SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elis SA's standard deviation. In reality, there are many statistical measures that can use Elis SA historical prices to predict the future Elis SA's volatility.
Hype
Prediction
LowEstimatedHigh
19.5521.4223.29
Details
Intrinsic
Valuation
LowRealHigh
19.2824.5326.40
Details
Naive
Forecast
LowNextHigh
20.2422.1123.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0119.8821.75
Details

Elis SA Backtested Returns

Elis SA appears to be very steady, given 3 months investment horizon. Elis SA secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elis SA, which you can use to evaluate the volatility of the firm. Please utilize Elis SA's Downside Deviation of 1.56, coefficient of variation of 821.06, and Mean Deviation of 1.31 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elis SA holds a performance score of 10. The firm shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, Elis SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elis SA is expected to be smaller as well. Please check Elis SA's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Elis SA's price patterns will revert.

Auto-correlation

    
  0.61  

Good predictability

Elis SA has good predictability. Overlapping area represents the amount of predictability between Elis SA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elis SA price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Elis SA price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.99

Elis SA lagged returns against current returns

Autocorrelation, which is Elis SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Elis SA's stock expected returns. We can calculate the autocorrelation of Elis SA returns to help us make a trade decision. For example, suppose you find that Elis SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Elis SA regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Elis SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elis SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elis SA stock over time.
   Current vs Lagged Prices   
       Timeline  

Elis SA Lagged Returns

When evaluating Elis SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elis SA stock have on its future price. Elis SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Elis SA autocorrelation shows the relationship between Elis SA stock current value and its past values and can show if there is a momentum factor associated with investing in Elis SA.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Elis Stock

Elis SA financial ratios help investors to determine whether Elis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elis with respect to the benefits of owning Elis SA security.