Elron Electronic (Israel) Buy Hold or Sell Recommendation
| ELRN Stock | ILS 520.00 0.10 0.02% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Elron Electronic Industries is 'Strong Buy'. Macroaxis provides Elron Electronic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELRN positions. The advice algorithm takes into account all of Elron Electronic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Elron Electronic's buy or sell advice are summarized below:
Real Value 609.93 | Hype Value 520 | Market Value 520 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Elron Electronic Industries given historical horizon and risk tolerance towards Elron Electronic. When Macroaxis issues a 'buy' or 'sell' recommendation for Elron Electronic Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Elron |
Execute Elron Electronic Buy or Sell Advice
The Elron recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elron Electronic Industries. Macroaxis does not own or have any residual interests in Elron Electronic Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elron Electronic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Elron Electronic Trading Alerts and Improvement Suggestions
| Elron Electronic Industries has accumulated about 48.5 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68. | |
| Roughly 60.0% of the company shares are held by company insiders |
Elron Electronic Returns Distribution Density
The distribution of Elron Electronic's historical returns is an attempt to chart the uncertainty of Elron Electronic's future price movements. The chart of the probability distribution of Elron Electronic daily returns describes the distribution of returns around its average expected value. We use Elron Electronic Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elron Electronic returns is essential to provide solid investment advice for Elron Electronic.
| Mean Return | 0.23 | Value At Risk | -2.14 | Potential Upside | 2.69 | Standard Deviation | 1.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elron Electronic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Elron Electronic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Elron Electronic or Diversified Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Elron Electronic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Elron stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 0.03 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.09 |
Elron Electronic Volatility Alert
Elron Electronic Industries has relatively low volatility with skewness of 0.91 and kurtosis of 3.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Elron Electronic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Elron Electronic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Elron Electronic Fundamentals Vs Peers
Comparing Elron Electronic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elron Electronic's direct or indirect competition across all of the common fundamentals between Elron Electronic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elron Electronic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Elron Electronic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elron Electronic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elron Electronic to competition |
| Fundamentals | Elron Electronic | Peer Average |
| Return On Equity | 0.49 | -0.31 |
| Return On Asset | 0.37 | -0.14 |
| Profit Margin | 0.72 % | (1.27) % |
| Operating Margin | 0.93 % | (5.51) % |
| Current Valuation | 19.14 M | 16.62 B |
| Shares Outstanding | 51.92 M | 571.82 M |
| Shares Owned By Insiders | 60.16 % | 10.09 % |
| Shares Owned By Institutions | 10.39 % | 39.21 % |
| Price To Book | 0.46 X | 9.51 X |
| Price To Sales | 2.46 X | 11.42 X |
| Gross Profit | 37.82 M | 27.38 B |
| EBITDA | 18.61 M | 3.9 B |
| Net Income | 5.48 M | 570.98 M |
| Cash And Equivalents | 48.5 M | 2.7 B |
| Cash Per Share | 1.68 X | 5.01 X |
| Total Debt | 8.32 M | 5.32 B |
| Debt To Equity | 0.70 % | 48.70 % |
| Current Ratio | 5.74 X | 2.16 X |
| Book Value Per Share | 3.41 X | 1.93 K |
| Cash Flow From Operations | (5.19 M) | 971.22 M |
| Earnings Per Share | 5.08 X | 3.12 X |
| Number Of Employees | 12 | 18.84 K |
| Beta | 0.66 | -0.15 |
| Market Capitalization | 273.31 M | 19.03 B |
| Total Asset | 144.24 M | 29.47 B |
| Retained Earnings | (50 M) | 9.33 B |
| Working Capital | 140 M | 1.48 B |
| Current Asset | 146 M | 9.34 B |
| Current Liabilities | 6 M | 7.9 B |
| Z Score | 19.2 | 8.72 |
| Annual Yield | 0.24 % | |
| Net Asset | 144.24 M | |
| Last Dividend Paid | 0.66 |
Elron Electronic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elron . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Elron Electronic Buy or Sell Advice
When is the right time to buy or sell Elron Electronic Industries? Buying financial instruments such as Elron Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Elron Electronic in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Elron Electronic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Elron Electronic's price analysis, check to measure Elron Electronic'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 Elron Electronic is operating at the current time. Most of Elron Electronic's value examination focuses on studying past and present price action to predict the probability of Elron Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elron Electronic's price. Additionally, you may evaluate how the addition of Elron Electronic to your portfolios can decrease your overall portfolio volatility.
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