Elco (Israel) Technical Analysis
| ELCO Stock | ILS 11,410 270.00 2.42% |
As of the 19th of April, Elco shows the Downside Deviation of 2.22, semi deviation of 2.06, and Mean Deviation of 1.89. Elco 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Elco, which can be compared to its peers. Please confirm Elco mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Elco is priced favorably, providing market reflects its regular price of 11410.0 per share.
Elco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElcoElco |
Elco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Elco Technical Analysis
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 Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Elco volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elco Trend Analysis
Use this graph to draw trend lines for Elco. You can use it to identify possible trend reversals for Elco as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Elco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elco applied against its price change over selected period. The best fit line has a slop of 9.46 , which means Elco will continue producing value for investors. It has 122 observation points and a regression sum of squares at 3382941.23, which is the sum of squared deviations for the predicted Elco price change compared to its average price change.About Elco Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elco on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elco based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elco price pattern first instead of the macroeconomic environment surrounding Elco. By analyzing Elco's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elco's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elco specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elco April 19, 2024 Technical Indicators
Most technical analysis of Elco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elco from various momentum indicators to cycle indicators. When you analyze Elco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.015 | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.06 | |||
| Downside Deviation | 2.22 | |||
| Coefficient Of Variation | 8177.29 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.04 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0243 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 14.69 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.43 | |||
| Downside Variance | 4.92 | |||
| Semi Variance | 4.23 | |||
| Expected Short fall | (2.25) | |||
| Skewness | 0.8628 | |||
| Kurtosis | 2.23 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Elco Stock analysis
When running Elco's price analysis, check to measure Elco'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 Elco is operating at the current time. Most of Elco's value examination focuses on studying past and present price action to predict the probability of Elco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elco's price. Additionally, you may evaluate how the addition of Elco to your portfolios can decrease your overall portfolio volatility.
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