Elin Electronics (India) Analysis

ELIN Stock   220.45  3.46  1.59%   
Elin Electronics Limited is fairly valued with Real Value of 218.25 and Hype Value of 220.25. The main objective of Elin Electronics stock analysis is to determine its intrinsic value, which is an estimate of what Elin Electronics Limited is worth, separate from its market price. There are two main types of Elin Electronics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Elin Electronics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Elin Electronics' stock to identify patterns and trends that may indicate its future price movements.
The Elin Electronics stock is traded in India on National Stock Exchange of India, with the market opening at 09:15:00 and closing at 15:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in India. Elin Electronics is usually not traded on Bakri Id ( 2024 ), Moharram, Independence Day, Mahatma Gandhi Jayanti, Diwali Laxmi Pujan *, Gurunanak Jayanti, Christmas Day, Republic Day, Saheb Ambedkar Jayanti Day, Good Friday. Elin Stock trading window is adjusted to Asia/Calcutta timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Elin Stock Analysis Notes

About 50.0% of the company shares are held by company insiders. The book value of Elin Electronics was currently reported as 101.31. The company last dividend was issued on the 22nd of September 2023. To learn more about Elin Electronics Limited call the company at 91 11 4300 0400 or check out https://www.elinindia.com.

Elin Electronics Quarterly Total Revenue

2.96 Billion

Elin Electronics Investment Alerts

Elin Electronics generated a negative expected return over the last 90 days
Elin Electronics has high historical volatility and very poor performance
Elin Electronics is unlikely to experience financial distress in the next 2 years
About 50.0% of the company shares are held by company insiders
Latest headline from news.google.com: ELIN ELECTRONICS Share Price Today Up 7 percent - Equitymaster

Elin Electronics Thematic Classifications

In addition to having Elin Electronics stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.

Elin Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 10.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elin Electronics's market, we take the total number of its shares issued and multiply it by Elin Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Elin Profitablity

Elin Electronics' profitability indicators refer to fundamental financial ratios that showcase Elin Electronics' ability to generate income relative to its revenue or operating costs. If, let's say, Elin Electronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elin Electronics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Elin Electronics' profitability requires more research than a typical breakdown of Elin Electronics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Management Efficiency

Elin Electronics has return on total asset (ROA) of 0.0166 % which means that it generated a profit of $0.0166 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0279 %, meaning that it generated $0.0279 on every $100 dollars invested by stockholders. Elin Electronics' management efficiency ratios could be used to measure how well Elin Electronics manages its routine affairs as well as how well it operates its assets and liabilities. Non Currrent Assets Other is likely to gain to about 92.3 M in 2024, whereas Total Assets are likely to drop slightly above 5.9 B in 2024.
Leadership effectiveness at Elin Electronics Limited is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
0.0257
Profit Margin
0.0148
Return On Assets
0.0166
Return On Equity
0.0279

Technical Drivers

As of the 29th of November, Elin Electronics shows the Variance of 8.99, standard deviation of 3.0, and Mean Deviation of 2.29. Elin Electronics technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elin Electronics standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Elin Electronics is priced favorably, providing market reflects its regular price of 220.45 per share.

Elin Electronics Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elin Electronics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elin Electronics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Elin Electronics Outstanding Bonds

Elin Electronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Elin Electronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Elin bonds can be classified according to their maturity, which is the date when Elin Electronics Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Elin Electronics Predictive Daily Indicators

Elin Electronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elin Electronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Elin Electronics Forecast Models

Elin Electronics' time-series forecasting models are one of many Elin Electronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elin Electronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Elin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elin Electronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elin Electronics. By using and applying Elin Stock analysis, traders can create a robust methodology for identifying Elin entry and exit points for their positions.
Elin Electronics is entity of India. It is traded as Stock on NSE exchange.

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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.