Electra Battery Materials Stock Buy Hold or Sell Recommendation
| ELBM Stock | USD 0.50 0.01 2.04% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Electra Battery Materials is 'Strong Sell'. The recommendation algorithm takes into account all of Electra Battery's available fundamental, technical, and predictive indicators you will find on this site.
Check out Electra Battery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Electra and provide practical buy, sell, or hold advice based on investors' constraints. Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Electra |
Execute Electra Battery Buy or Sell Advice
The Electra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Electra Battery Materials. Macroaxis does not own or have any residual interests in Electra Battery Materials or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Electra Battery's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Electra Battery Trading Alerts and Improvement Suggestions
| Electra Battery generated a negative expected return over the last 90 days | |
| Electra Battery has some characteristics of a very speculative penny stock | |
| Electra Battery has high historical volatility and very poor performance | |
| Electra Battery has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (64.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Electra Battery Materials currently holds about 41.77 M in cash with (23.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties |
Electra Battery Returns Distribution Density
The distribution of Electra Battery's historical returns is an attempt to chart the uncertainty of Electra Battery's future price movements. The chart of the probability distribution of Electra Battery daily returns describes the distribution of returns around its average expected value. We use Electra Battery Materials price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Electra Battery returns is essential to provide solid investment advice for Electra Battery.
| Mean Return | -0.04 | Value At Risk | -5.8 | Potential Upside | 8.47 | Standard Deviation | 4.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Electra Battery historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Electra Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Electra Battery, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Electra Battery Materials back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 16.1 K | Commonwealth Equity Services Inc | 2024-06-30 | 10.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 9.5 K | Valley National Advisers Inc | 2024-09-30 | 3.8 K | The Toronto-dominion Bank | 2024-06-30 | 1.8 K | Ifp Advisors, Llc | 2024-06-30 | 1.7 K | Advisor Group Holdings, Inc. | 2024-06-30 | 855 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 611 | Td Waterhouse Canada Inc | 2024-06-30 | 388 | Whitebox Advisors, Llc | 2024-06-30 | 1.8 M | Highbridge Capital Management, Llc | 2024-09-30 | 276 K |
Electra Battery Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.2M | (246K) | 54.5M | (50.7M) | (392K) | (372.4K) | |
| Free Cash Flow | (9.4M) | (5.7M) | (19.0M) | (63.5M) | (36.8M) | (34.9M) | |
| Capital Expenditures | 2.3M | 307.3K | 2.1M | 47.6M | 13.7M | 14.4M | |
| Net Income | (116.4M) | (2.4M) | (34.9M) | 12.6M | (64.7M) | (61.4M) | |
| End Period Cash Flow | 4.4M | 4.2M | 58.6M | 8.0M | 7.6M | 11.1M | |
| Other Non Cash Items | 108.1M | (4.8M) | 3.2M | (28.6M) | 49.7M | 52.2M | |
| Depreciation | 461.3K | 213.78 | 2K | 48K | 56K | 53.2K | |
| Change To Netincome | 109.2M | (4.1M) | 17.8M | (27.3M) | (24.6M) | (23.4M) |
Electra Battery Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Electra Battery or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Electra Battery's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Electra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 4.66 | |
Ir | Information ratio | -0.04 |
Electra Battery Volatility Alert
Electra Battery Materials exhibits very low volatility with skewness of 0.33 and kurtosis of 1.72. Electra Battery Materials is a potential penny stock. Although Electra Battery may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Electra Battery Materials. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Electra instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Electra Battery Fundamentals Vs Peers
Comparing Electra Battery's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Electra Battery's direct or indirect competition across all of the common fundamentals between Electra Battery and the related equities. This way, we can detect undervalued stocks with similar characteristics as Electra Battery or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Electra Battery's fundamental indicators could also be used in its relative valuation, which is a method of valuing Electra Battery by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Electra Battery to competition |
| Fundamentals | Electra Battery | Peer Average |
| Return On Equity | -0.78 | -0.31 |
| Return On Asset | -0.042 | -0.14 |
| Current Valuation | 65.42 M | 16.62 B |
| Shares Outstanding | 57.37 M | 571.82 M |
| Shares Owned By Insiders | 1.16 % | 10.09 % |
| Shares Owned By Institutions | 4.83 % | 39.21 % |
| Number Of Shares Shorted | 136.86 K | 4.71 M |
| Price To Book | 0.60 X | 9.51 X |
| EBITDA | (13.34 M) | 3.9 B |
| Net Income | (64.67 M) | 570.98 M |
| Cash And Equivalents | 41.77 M | 2.7 B |
| Cash Per Share | 1.29 X | 5.01 X |
| Total Debt | 45.43 M | 5.32 B |
| Debt To Equity | 0.22 % | 48.70 % |
| Current Ratio | 4.12 X | 2.16 X |
| Book Value Per Share | 1.49 X | 1.93 K |
| Cash Flow From Operations | (23.05 M) | 971.22 M |
| Short Ratio | 2.98 X | 4.00 X |
| Earnings Per Share | (1.01) X | 3.12 X |
| Target Price | 1.78 | |
| Beta | 1.95 | -0.15 |
| Market Capitalization | 29.14 M | 19.03 B |
| Total Asset | 148.69 M | 29.47 B |
| Retained Earnings | (245.44 M) | 9.33 B |
| Working Capital | (5.39 M) | 1.48 B |
| Net Asset | 148.69 M |
Electra Battery Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Electra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Electra Battery Buy or Sell Advice
When is the right time to buy or sell Electra Battery Materials? Buying financial instruments such as Electra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Electra Battery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Investing
Companies involved in money management and investment banking services. The Investing theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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Check out Electra Battery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.