Electreon Wireless (Israel) Market Value

ELWS Stock   19,320  10.00  0.05%   
Electreon Wireless' market value is the price at which a share of Electreon Wireless trades on a public exchange. It measures the collective expectations of Electreon Wireless investors about its performance. Electreon Wireless is trading at 19320.00 as of the 16th of March 2025, a 0.05 percent increase since the beginning of the trading day. The stock's open price was 19310.0.
With this module, you can estimate the performance of a buy and hold strategy of Electreon Wireless and determine expected loss or profit from investing in Electreon Wireless over a given investment horizon. Check out Electreon Wireless Correlation, Electreon Wireless Volatility and Electreon Wireless Alpha and Beta module to complement your research on Electreon Wireless.
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Please note, there is a significant difference between Electreon Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electreon Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electreon Wireless' 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.

Electreon Wireless '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 Electreon Wireless' 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 Electreon Wireless.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Electreon Wireless on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Electreon Wireless or generate 0.0% return on investment in Electreon Wireless over 90 days. Electreon Wireless is related to or competes with Augwind Energy, Enlight Renewable, Maytronics, Fattal 1998, and Energix Renewable. More

Electreon Wireless 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 Electreon Wireless' 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 Electreon Wireless upside and downside potential and time the market with a certain degree of confidence.

Electreon Wireless Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Electreon Wireless' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electreon Wireless' standard deviation. In reality, there are many statistical measures that can use Electreon Wireless historical prices to predict the future Electreon Wireless' volatility.
Hype
Prediction
LowEstimatedHigh
19,31819,32019,322
Details
Intrinsic
Valuation
LowRealHigh
16,56416,56721,252
Details
Naive
Forecast
LowNextHigh
19,57219,57519,577
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17,11319,90922,704
Details

Electreon Wireless Backtested Returns

At this point, Electreon Wireless is very steady. Electreon Wireless secures Sharpe Ratio (or Efficiency) of 0.0702, which denotes the company had a 0.0702 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Electreon Wireless, which you can use to evaluate the volatility of the firm. Please confirm Electreon Wireless' Standard Deviation of 2.82, variance of 7.96, and Mean Deviation of 2.04 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Electreon Wireless has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Electreon Wireless' returns are expected to increase less than the market. However, during the bear market, the loss of holding Electreon Wireless is expected to be smaller as well. Electreon Wireless right now shows a risk of 2.41%. Please confirm Electreon Wireless jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Electreon Wireless will be following its price patterns.

Auto-correlation

    
  -0.89  

Excellent reverse predictability

Electreon Wireless has excellent reverse predictability. Overlapping area represents the amount of predictability between Electreon Wireless time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Electreon Wireless price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Electreon Wireless price fluctuation can be explain by its past prices.
Correlation Coefficient-0.89
Spearman Rank Test-0.83
Residual Average0.0
Price Variance1.2 M

Electreon Wireless lagged returns against current returns

Autocorrelation, which is Electreon Wireless 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 Electreon Wireless' stock expected returns. We can calculate the autocorrelation of Electreon Wireless returns to help us make a trade decision. For example, suppose you find that Electreon Wireless 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  

Electreon Wireless 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 Electreon Wireless stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electreon Wireless stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electreon Wireless stock over time.
   Current vs Lagged Prices   
       Timeline  

Electreon Wireless Lagged Returns

When evaluating Electreon Wireless' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electreon Wireless stock have on its future price. Electreon Wireless 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, Electreon Wireless autocorrelation shows the relationship between Electreon Wireless stock current value and its past values and can show if there is a momentum factor associated with investing in Electreon Wireless.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Electreon Stock

Electreon Wireless financial ratios help investors to determine whether Electreon 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 Electreon with respect to the benefits of owning Electreon Wireless security.