ELTK Profile, Market Tickers and Other
EL
See collections related to Eltek Ltd
Negative Beta Stocks
Stock Beta measures the volatility of an individual stock compared to the systematic risk of the broader market. Beta is used in the capital asset pricing model for estimating the expected returns of assets. The beta calculation is used to help investors understand whether a stock moves in the same direction as the S&P 500 Index. If the company has a high beta (>1), its stocks are more volatile than the market. Investing in such assets could increase the risk of the portfolio. If the stock market starts to fall, it is more profitable to have stocks in the portfolio with a beta of less than 1 and even a negative beta. This value means an inverse correlation with the market and lower market risks if a recession occurs. Here are the 15 largest companies with Eyestock rating and negative beta on American exchanges.
Best Stocks Under $20
We have collected the best stocks by Eyestock rating which are undervalued or fair valued by analyzing the historical price-to-earnings ratio. All of them are trading below $20 per share. They are small and micro-cap so be sure you are ready for it.
ELTK profile
Ticker
ELTK
Country
Israel
Exchange
XNAS - Nasdaq
Report currency
USD - US dollar
IPO date
22 January 1997
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Employees
260
City
Petah Tikva
Address
20 Ben Zion Gelis Street
Cusip
M40184208