Electrovaya Research Development from 2010 to 2026
| ELVA Stock | 10.91 0.11 1.00% |
Research Development | First Reported 1997-12-31 | Previous Quarter 1.2 M | Current Value 1.1 M | Quarterly Volatility 399.8 K |
Check Electrovaya financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electrovaya's main balance sheet or income statement drivers, such as Depreciation And Amortization of 693.9 K, Total Revenue of 76.8 M or Gross Profit of 22.1 M, as well as many indicators such as Price To Sales Ratio of 3.96, Dividend Yield of 0.0 or PTB Ratio of 8.93. Electrovaya financial statements analysis is a perfect complement when working with Electrovaya Valuation or Volatility modules.
Electrovaya | Research Development | Build AI portfolio with Electrovaya Stock |
Latest Electrovaya's Research Development Growth Pattern
Below is the plot of the Research Development of Electrovaya over the last few years. It is Electrovaya's Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electrovaya's overall financial position and show how it may be relating to other accounts over time.
| Research Development | 10 Years Trend |
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Research Development |
| Timeline |
Electrovaya Research Development Regression Statistics
| Arithmetic Mean | 3,565,580 | |
| Geometric Mean | 3,273,967 | |
| Coefficient Of Variation | 34.13 | |
| Mean Deviation | 880,210 | |
| Median | 3,434,000 | |
| Standard Deviation | 1,216,975 | |
| Sample Variance | 1.5T | |
| Range | 5.6M | |
| R-Value | 0.24 | |
| Mean Square Error | 1.5T | |
| R-Squared | 0.06 | |
| Significance | 0.35 | |
| Slope | 58,634 | |
| Total Sum of Squares | 23.7T |
Electrovaya Research Development History
About Electrovaya Financial Statements
Electrovaya stakeholders use historical fundamental indicators, such as Electrovaya's Research Development, to determine how well the company is positioned to perform in the future. Although Electrovaya investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electrovaya's assets and liabilities are reflected in the revenues and expenses on Electrovaya's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Electrovaya. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Research Development | 5 M | 3 M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| HITI | High Tide | |
| HITI | High Tide | |
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Check out the analysis of Electrovaya Correlation against competitors. For information on how to trade Electrovaya Stock refer to our How to Trade Electrovaya Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Electrical Components & Equipment space 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 Electrovaya. If investors know Electrovaya 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 Electrovaya listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.08 | Revenue Per Share | Quarterly Revenue Growth 0.775 | Return On Assets | Return On Equity |
The market value of Electrovaya is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya'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 Electrovaya's market value can be influenced by many factors that don't directly affect Electrovaya'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 Electrovaya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya'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.