Elringklinger Ag Stock Today
| ELLRY Stock | USD 3.40 0.37 9.81% |
Performance7 of 100
| Odds Of DistressOver 56
|
ElringKlinger is trading at 3.40 as of the 23rd of April 2024; that is -9.81% down since the beginning of the trading day. The stock's open price was 3.77. ElringKlinger has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ElringKlinger AG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. ElringKlinger AG was founded in 1879 and is headquartered in Dettingen an der Erms, Germany. The company has 126.72 M outstanding shares. More on ElringKlinger AG
Moving together with ElringKlinger Pink Sheet
| 0.63 | MBLY | Mobileye Global Class Earnings Call This Week | PairCorr |
Moving against ElringKlinger Pink Sheet
| 0.64 | CTTAF | Continental Aktiengesellscha | PairCorr |
| 0.6 | CTTAY | Continental AG PK | PairCorr |
| 0.46 | APTV | Aptiv PLC Financial Report 2nd of May 2024 | PairCorr |
Valuation
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ElringKlinger Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ElringKlinger's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ElringKlinger or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Auto Parts, Consumer Cyclical (View all Sectors) |
ElringKlinger AG [ELLRY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Small-Cap' category with a current market capitalization of 580.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ElringKlinger's market, we take the total number of its shares issued and multiply it by ElringKlinger'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. ElringKlinger AG classifies itself under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 126.72 M outstanding shares.
ElringKlinger AG has accumulated about 146.61 M in cash with 156.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Check ElringKlinger Probability Of Bankruptcy
ElringKlinger AG Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ElringKlinger market risk premium is the additional return an investor will receive from holding ElringKlinger long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ElringKlinger. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ElringKlinger's alpha and beta are two of the key measurements used to evaluate ElringKlinger's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.95 | |||
| Standard Deviation | 6.33 | |||
| Variance | 40.04 | |||
| Risk Adjusted Performance | 0.0494 |
ElringKlinger Stock Against Markets
Picking the right benchmark for ElringKlinger pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ElringKlinger pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ElringKlinger is critical whether you are bullish or bearish towards ElringKlinger AG at a given time. Please also check how ElringKlinger's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ElringKlinger without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
ElringKlinger Corporate Management
Elected by the shareholders, the ElringKlinger's board of directors comprises two types of representatives: ElringKlinger inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ElringKlinger. The board's role is to monitor ElringKlinger's management team and ensure that shareholders' interests are well served. ElringKlinger's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ElringKlinger's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stefan Wolf | Chairman CEO | Profile | |
| Manfred Straub | MD Board | Profile | |
| Jurgen Weingartner | Head Service | Profile | |
| Thomas Jessulat | CFO Board | Profile | |
| Olav Hahn | Head Management | Profile | |
| Bernd Weckenmann | Member Board | Profile | |
| Jens Winter | Head Communications | Profile |
How to buy ElringKlinger Pink Sheet?
Before investing in ElringKlinger, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ElringKlinger. To buy ElringKlinger stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ElringKlinger. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ElringKlinger stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ElringKlinger AG stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ElringKlinger AG stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ElringKlinger AG, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in ElringKlinger AG?
The danger of trading ElringKlinger AG is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ElringKlinger is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ElringKlinger. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ElringKlinger AG is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ElringKlinger AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for ElringKlinger Pink Sheet analysis
When running ElringKlinger's price analysis, check to measure ElringKlinger'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 ElringKlinger is operating at the current time. Most of ElringKlinger's value examination focuses on studying past and present price action to predict the probability of ElringKlinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ElringKlinger's price. Additionally, you may evaluate how the addition of ElringKlinger to your portfolios can decrease your overall portfolio volatility.
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