Electreon Wireless (Israel) Market Value
| ELWS Stock | 14,890 490.00 3.40% |
| Symbol | Electreon |
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.
| 02/19/2025 |
| 03/21/2025 |
If you would invest 0.00 in Electreon Wireless on February 19, 2025 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 30 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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.96 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 3.33 |
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.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (6.08) |
Electreon Wireless Backtested Returns
Electreon Wireless secures Sharpe Ratio (or Efficiency) of -0.092, which denotes the company had a -0.092 % return per unit of risk over the last 3 months. Electreon Wireless exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electreon Wireless' Variance of 11.01, standard deviation of 3.32, and Mean Deviation of 2.22 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0589, 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. At this point, Electreon Wireless has a negative expected return of -0.33%. Please make sure to confirm Electreon Wireless' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Electreon Wireless performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Electreon Wireless has good predictability. Overlapping area represents the amount of predictability between Electreon Wireless time series from 19th of February 2025 to 6th of March 2025 and 6th of March 2025 to 21st 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 0.79 indicates that around 79.0% of current Electreon Wireless price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 4.4 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 |
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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.