The firm shows Beta (market volatility) of 0.3472 which denotes to the fact that as returns on market increase, Elspec Engineering returns are expected to increase less than the market. However during bear market, the loss on holding Elspec Engineering will be expected to be smaller as well. Even though it is essential to pay attention to Elspec Engineering
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Elspec Engineering Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Elspec Engineering
has expected return of -0.2853%. Please be advised to confirm Elspec Engineering Variance
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Semi Variance
to decide if Elspec Engineering
past performance will be repeated at some point in the near future.
Over the last 30 days Elspec Engineering Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively unchanging which may send shares a bit higher in June 2019. The late uproar may also be a sign of mid-term up-swing for the firm leadership.
|Fifty Two Week Low||158.00|
|Fifty Two Week High||260.00|
|Trailing Annual Dividend Yield||0.34%|