Analysis for Elia System Operator
Description & usage
Elia Group operates high-voltage transmission networks in Belgium and Germany and is central to renewable grid integration. The company benefits from regulated returns and long-cycle investment visibility. Key drivers are allowed returns, network expansion execution, financing costs, and operational availability.
Basic info
- Symbol
- ELI.BR
- Type
- Stock
- Region
- Europe
- Sector
- Utilities
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Basic info
- Symbol
- ELI.BR
- Type
- Stock
- Region
- Europe
- Sector
- Utilities
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- EZ HICP
- 2.0%
- ECB Rate
- 4.25%
- Bund 10Y
- 3.03%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core HICP
- 2.3%
- DE 2Y
- 2.62%
- EZ PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- EZ HICP
- 2.0%
- ECB Rate
- 4.25%
- Bund 10Y
- 3.03%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core HICP
- 2.3%
- DE 2Y
- 2.62%
- EZ PMI
- –
Analysis summary
Technical asset picture
Elia System Operator (ELI.BR) currently has a total score of 69 points, placing it in the strong range. The score is made up of Performance (62), Stability (68) and Trend (90). All three sub-scores are currently above average.
Performance scores 62 points (strong). Key strength: 1Y return at 73.3 %. Main drag: 3Y return at 12.3 %.
Stability scores 68 points (strong). Key strength: return/volatility ratio at 3.09. Main drag: max drawdown (3Y) at -61.6 %. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 90 points (very strong). Key strength: trend strength at 0.93. Even the weakest metric remains solid in absolute terms: SMA50 distance at 4.2 %.
Overall, the profile has a clear strength in Trend, while Performance is the main limiter. On a metric level, return/volatility ratio stands out, while max drawdown (3Y) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For this asset type, the current backdrop looks mixed rather than clearly directional.
Note: Euro area PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.