Elspec (Israel) Performance
| ELSPC Stock | ILA 590.00 25.10 4.44% |
Elspec has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Elspec are expected to decrease at a much lower rate. During the bear market, Elspec is likely to outperform the market. Elspec right now shows a risk of 4.18%. Please confirm Elspec maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Elspec will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Elspec are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak fundamental indicators, Elspec may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 14.6 M | |
| Total Cashflows From Investing Activities | -826 K | |
| Free Cash Flow | 289 K |
Elspec |
Elspec Relative Risk vs. Return Landscape
If you would invest 56,530 in Elspec on January 25, 2024 and sell it today you would earn a total of 2,470 from holding Elspec or generate 4.37% return on investment over 90 days. Elspec is generating 0.1694% of daily returns and assumes 4.178% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than Elspec, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elspec Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elspec's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elspec, and traders can use it to determine the average amount a Elspec's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0405
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Estimated Market Risk
| 4.18 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Elspec is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elspec by adding it to a well-diversified portfolio.
Elspec Fundamentals Growth
Elspec Stock prices reflect investors' perceptions of the future prospects and financial health of Elspec, and Elspec fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elspec Stock performance.
| Return On Equity | 0.0782 | |||
| Return On Asset | 0.0359 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 53.12 M | |||
| Shares Outstanding | 19.46 M | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 64.39 M | |||
| EBITDA | 7.69 M | |||
| Cash And Equivalents | 31.68 M | |||
| Cash Per Share | 1.64 X | |||
| Total Debt | 2.91 M | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 3.25 X | |||
| Cash Flow From Operations | 3 M | |||
| Earnings Per Share | 0.26 X | |||
| Total Asset | 89.58 M | |||
| Retained Earnings | 12 M | |||
| Current Asset | 56 M | |||
| Current Liabilities | 29 M | |||
About Elspec Performance
To evaluate Elspec Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Elspec generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Elspec Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Elspec market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Elspec's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Elspec Engineering Ltd develops, manufactures, and markets power quality solutions and services to the industrial, commercial, and utility sectors worldwide. The company was incorporated in 1988 and is headquartered in Caesarea, Israel. ELSPEC ENGINEERING operates under Electrical Equipment Parts classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3119 people.Things to note about Elspec performance evaluation
Checking the ongoing alerts about Elspec for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elspec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elspec had very high historical volatility over the last 90 days | |
| About 55.0% of the company shares are held by company insiders |
- Analyzing Elspec's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Elspec's stock is overvalued or undervalued compared to its peers.
- Examining Elspec's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Elspec's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elspec's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elspec's stock. These opinions can provide insight into Elspec's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elspec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Elspec information on this page should be used as a complementary analysis to other Elspec's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Elspec Stock analysis
When running Elspec's price analysis, check to measure Elspec'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 Elspec is operating at the current time. Most of Elspec's value examination focuses on studying past and present price action to predict the probability of Elspec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elspec's price. Additionally, you may evaluate how the addition of Elspec to your portfolios can decrease your overall portfolio volatility.
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