Electro Sensors Stock Technical Analysis

ELSE Stock  USD 4.13  0.07  1.67%   
As of the 24th of April, Electro Sensors shows the Downside Deviation of 2.55, mean deviation of 1.27, and Coefficient Of Variation of 2832.76. Electro Sensors 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 are able to interpolate and collect nineteen technical drivers for Electro Sensors, which can be compared to its peers. Please confirm Electro Sensors treynor ratio, and the relationship between the standard deviation and downside variance to decide if Electro Sensors is priced favorably, providing market reflects its regular price of 4.13 per share. Given that Electro Sensors has jensen alpha of 0.0546, we urge you to verify Electro Sensors's prevailing market performance to make sure the company can sustain itself at a future point.

Electro Sensors Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Electro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Electro
  
Electro Sensors' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Electro Sensors 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.
A focus of Electro Sensors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electro Sensors trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Electro Sensors Technical Analysis

Indicator
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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Electro Sensors volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Electro Sensors Trend Analysis

Use this graph to draw trend lines for Electro Sensors. You can use it to identify possible trend reversals for Electro Sensors 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 Electro Sensors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Electro Sensors Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Electro Sensors applied against its price change over selected period. The best fit line has a slop of   0.0008  , which may suggest that Electro Sensors market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Electro Sensors price change compared to its average price change.

About Electro Sensors 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 Electro Sensors 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 Electro Sensors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Electro Sensors price pattern first instead of the macroeconomic environment surrounding Electro Sensors. By analyzing Electro Sensors'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 Electro Sensors'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 Electro Sensors specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0180.0171
Price To Sales Ratio1.521.41

Electro Sensors April 24, 2024 Technical Indicators

Most technical analysis of Electro 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 Electro from various momentum indicators to cycle indicators. When you analyze Electro 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.
When determining whether Electro Sensors is a strong investment it is important to analyze Electro Sensors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Electro Stock analysis

When running Electro Sensors' price analysis, check to measure Electro Sensors' 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 Electro Sensors is operating at the current time. Most of Electro Sensors' value examination focuses on studying past and present price action to predict the probability of Electro Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Sensors' price. Additionally, you may evaluate how the addition of Electro Sensors to your portfolios can decrease your overall portfolio volatility.
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Is Electro Sensors' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electro Sensors. If investors know Electro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electro Sensors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
0.08
Revenue Per Share
2.496
Quarterly Revenue Growth
0.096
Return On Assets
0.0006
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.