Elron Electronic (Israel) Today
| ELRN Stock | ILS 520.00 10.00 1.96% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Elron Electronic is trading at 520.00 as of the 18th of April 2024, a 1.96% increase since the beginning of the trading day. The stock's open price was 510.0. Elron Electronic has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Elron Electronic Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Elron Electronic Industries Ltd., through its subsidiaries, provides technology products in the medical devices and cyber fields. Elron Electronic Industries Ltd. is a subsidiary of Discount Investment Corporation Limited. ELRON ELECTRONIC operates under Conglomerates classification in Israel and is traded on Tel Aviv Stock Exchange.. The company has 51.92 M outstanding shares. More on Elron Electronic Industries
Moving together with Elron Stock
| 0.81 | PLAZ-L | Plaza Centers NV | PairCorr |
Moving against Elron Stock
| 0.82 | INBR | Inbar Group Finance | PairCorr |
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Elron Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Elron Electronic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elron Electronic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ari Bronshtein |
| Thematic Idea | Electronics (View all Themes) |
| Business Concentration | Electronics, Financials, Diversified Financial Services, Conglomerates, Industrials (View all Sectors) |
Elron Electronic Industries (ELRN) is traded on Tel Aviv Stock Exchange in Israel and employs 12 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 273.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elron Electronic's market, we take the total number of its shares issued and multiply it by Elron Electronic'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. Elron Electronic Ind operates under Diversified Financial Services sector and is part of Financials industry. The entity has 51.92 M outstanding shares.
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.
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Ownership AllocationElron Electronic holds a total of 51.92 Million outstanding shares. Elron Electronic Industries shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 60.16 percent of Elron Electronic Ind outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Elron Stock Price Odds Analysis
What are Elron Electronic's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Elron Electronic jumping above the current price in 90 days from now is about 44.96%. The Elron Electronic Industries probability density function shows the probability of Elron Electronic stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Elron Electronic has a beta of 0.4284 suggesting as returns on the market go up, Elron Electronic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Elron Electronic Industries will be expected to be much smaller as well. Additionally, elron Electronic Industries has an alpha of 0.1405, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Elron Electronic to move above the current price in 90 days from now is about 44.96 (This Elron Electronic Industries probability density function shows the probability of Elron Stock to fall within a particular range of prices over 90 days) .
Elron Electronic Ind Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Elron Electronic market risk premium is the additional return an investor will receive from holding Elron Electronic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Elron Electronic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Elron Electronic's alpha and beta are two of the key measurements used to evaluate Elron Electronic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.27 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.71 |
Elron Stock Against Markets
Picking the right benchmark for Elron Electronic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Elron Electronic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Elron Electronic is critical whether you are bullish or bearish towards Elron Electronic Industries at a given time. Please also check how Elron Electronic's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Elron Electronic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Elron Electronic Corporate Directors
Elron Electronic corporate directors refer to members of an Elron Electronic board of directors. The board of directors generally takes responsibility for the Elron Electronic's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Elron Electronic's board members must vote for the resolution. The Elron Electronic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ehud Rassabi | External Director | Profile | |
| Yael Andorn | Independent Director | Profile | |
| Gerardo Tyszberowicz | Director | Profile | |
| Saul Zang | Director | Profile |
How to buy Elron Stock?
Before investing in Elron Electronic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Elron Electronic. To buy Elron Electronic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Elron Electronic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Elron Electronic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Elron Electronic Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Elron Electronic Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Elron Electronic Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Elron Electronic Industries?
The danger of trading Elron Electronic Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Elron Electronic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Elron Electronic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Elron Electronic Ind is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elron Electronic Industries. 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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Elron Stock analysis
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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