Elastic Nv Stock Analysis

Elastic Stock Analysis Notes

About 17.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.89. Elastic NV had not issued any dividends in recent years. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3056 people. To learn more about Elastic NV call Shay Banon at 650 458 2620 or check out https://www.elastic.co.

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Elastic Stock Institutional Investors

Note, although Elastic NV's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Elastic Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 10.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elastic NV's market, we take the total number of its shares issued and multiply it by Elastic NV'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.

Elastic Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.08) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.08.

Management Efficiency

Elastic NV has return on total asset (ROA) of (0.0403) % which means that it has lost $0.0403 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1027 %, meaning that it created $0.1027 on every $100 dollars invested by stockholders. Elastic NV's management efficiency ratios could be used to measure how well Elastic NV manages its routine affairs as well as how well it operates its assets and liabilities. As of April 25, 2024, Return On Tangible Assets is expected to decline to -0.16. In addition to that, Return On Capital Employed is expected to decline to -0.17. At present, Elastic NV's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 134.5 M, whereas Net Tangible Assets are forecasted to decline to about 66.8 M.

Technical Drivers

As of the 25th of April, Elastic NV shows the Coefficient Of Variation of (1,172), mean deviation of 1.91, and Standard Deviation of 2.79. Elastic NV 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 were able to interpolate and analyze data for thirteen technical drivers for Elastic NV, which can be compared to its peers. Please confirm Elastic NV standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Elastic NV is priced favorably, providing market reflects its regular price of 103.71 per share. Given that Elastic NV has information ratio of (0.12), we urge you to verify Elastic NV's prevailing market performance to make sure the company can sustain itself at a future point.

Elastic NV Price Movement Analysis

Elastic NV Insider Trading Activities

Elastic NV Predictive Daily Indicators

Elastic NV Corporate Filings

Elastic NV Forecast Models

Elastic NV's time-series forecasting models are one of many Elastic NV's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elastic NV's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elastic NV prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elastic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elastic NV. By using and applying Elastic Stock analysis, traders can create a robust methodology for identifying Elastic entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Elastic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Elastic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Elastic NV stock analysis indicators help investors evaluate how Elastic NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Elastic NV shares will generate the highest return on investment. By understating and applying Elastic NV stock analysis, traders can identify Elastic NV position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

When running Elastic NV's price analysis, check to measure Elastic NV'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 Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.

Is Elastic NV's 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 Elastic NV. If investors know Elastic 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 Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's 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 Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's 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 Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV'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.