Elron Electronic Industries Stock Buy Hold or Sell Recommendation

ELRNF Stock  USD 1.28  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Elron Electronic Industries is 'Not Rated'. 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 ELRNF 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
1.32
Hype Value
1.28
Market Value
1.28
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.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. 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.
In addition, we conduct extensive research on individual companies such as Elron and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

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

Execute Advice
Sell Elron ElectronicBuy Elron Electronic
Not Rated
For the selected time horizon Elron Electronic Industries has a Risk Adjusted Performance of 0.0767, Jensen Alpha of 1.68, Total Risk Alpha of (0.30), Sortino Ratio of 0.0796 and Treynor Ratio of 1.08
We provide trade advice to complement the prevailing expert consensus on Elron Electronic Ind. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Elron Electronic is not overpriced, please confirm all Elron Electronic Ind fundamentals, including its price to sales, current ratio, market capitalization, as well as the relationship between the cash and equivalents and earnings per share . Given that Elron Electronic is a hitting penny stock territory we advise to closely look at its price to book.

Elron Electronic Trading Alerts and Improvement Suggestions

Elron Electronic Ind is not yet fully synchronised with the market data
Elron Electronic Ind is way too risky over 90 days horizon
Elron Electronic Ind may become a speculative penny stock
Elron Electronic Ind appears to be risky and price may revert if volatility continues
Elron Electronic Industries has accumulated about 59.1 M in cash with (5.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
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
1.82
Value At Risk
-25.19
Potential Upside
46.02
Standard Deviation
16.80
   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 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 Pink Sheet 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.

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Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Please note, there is a significant difference between Elron Electronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elron Electronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elron Electronic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.