Elio Financial Statements From 2010 to 2026
| ELIO Stock | USD 0.0001 0.0002 66.67% |
Check Elio Motors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elio Motors' main balance sheet or income statement drivers, such as , as well as many indicators such as . Elio financial statements analysis is a perfect complement when working with Elio Motors Valuation or Volatility modules.
Elio |
Elio Motors Company Price To Earning Analysis
Elio Motors' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Elio Motors Price To Earning | (4.35) X |
Most of Elio Motors' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elio Motors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Elio Motors has a Price To Earning of -4.35 times. This is 117.47% lower than that of the Automobiles sector and 144.12% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 115.15% higher than that of the company.
Elio Motors Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elio Motors's current stock value. Our valuation model uses many indicators to compare Elio Motors value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elio Motors competition to find correlations between indicators driving Elio Motors's intrinsic value. More Info.Elio Motors is rated below average in return on asset category among its peers. It is rated as one of the top companies in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elio Motors by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elio Motors' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Elio Motors Financial Statements
Elio Motors investors utilize fundamental indicators, such as revenue or net income, to predict how Elio Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Elio Motors, Inc., a development stage company, designs, develops, manufactures, and sells automobiles. Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. Elio Motors operates under Auto Manufacturers classification in the United States and is traded on OTC Exchange. It employs 2 people.
Pair Trading with Elio Motors
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elio Motors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elio Motors will appreciate offsetting losses from the drop in the long position's value.Moving together with Elio Pink Sheet
Moving against Elio Pink Sheet
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The ability to find closely correlated positions to Elio Motors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elio Motors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elio Motors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elio Motors to buy it.
The correlation of Elio Motors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elio Motors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elio Motors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elio Motors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Elio Pink Sheet
Elio Motors financial ratios help investors to determine whether Elio Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elio with respect to the benefits of owning Elio Motors security.