Electrovaya Common Shares Stock Buy Hold or Sell Recommendation
| ELVA Stock | 2.35 0.03 1.29% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Electrovaya Common Shares is 'Cautious Hold'. Macroaxis provides Electrovaya Common buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELVA positions.
Check out Electrovaya Common 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. In addition, we conduct extensive research on individual companies such as Electrovaya and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Electrovaya Common Shares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Electrovaya |
Execute Electrovaya Common Buy or Sell Advice
The Electrovaya recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Electrovaya Common Shares. Macroaxis does not own or have any residual interests in Electrovaya Common Shares or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Electrovaya Common's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Electrovaya Common Trading Alerts and Improvement Suggestions
| Electrovaya Common had very high historical volatility over the last 90 days | |
| Electrovaya Common has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 43.37 M. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 4.89 M. | |
| Electrovaya Common generates negative cash flow from operations | |
| Electrovaya Common has a frail financial position based on the latest SEC disclosures | |
| About 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ELVA Enterprise Value 97.93 Mil - GuruFocus.com |
Electrovaya Common Returns Distribution Density
The distribution of Electrovaya Common's historical returns is an attempt to chart the uncertainty of Electrovaya Common's future price movements. The chart of the probability distribution of Electrovaya Common daily returns describes the distribution of returns around its average expected value. We use Electrovaya Common Shares price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Electrovaya Common returns is essential to provide solid investment advice for Electrovaya Common.
| Mean Return | 0.20 | Value At Risk | -3.78 | Potential Upside | 4.63 | Standard Deviation | 3.22 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Electrovaya Common 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.
Electrovaya Common Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 791K | 3.1M | (3.6M) | 406K | 365.4K | 383.7K | |
| Free Cash Flow | (3.9M) | (8.7M) | (9.0M) | (5.4M) | (4.8M) | (5.1M) | |
| Depreciation | 209K | 319K | 503K | 907K | 816.3K | 665.0K | |
| Other Non Cash Items | 2.0M | 1.2M | 3.0M | 2.3M | 2.1M | 2.2M | |
| Net Income | 1.1M | (7.5M) | (9.2M) | (1.5M) | (1.3M) | (1.4M) | |
| End Period Cash Flow | 1.1M | 4.2M | 626K | 1.0M | 928.8K | 882.4K | |
| Change To Inventory | (1.0M) | (2.6M) | (2.8M) | (724K) | (651.6K) | (684.2K) | |
| Investments | (115K) | (560K) | (423K) | (903K) | (812.7K) | (853.3K) |
Electrovaya Common 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 Electrovaya Common or Electrical Equipment 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 Electrovaya Common'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 Electrovaya 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 | 0.12 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 3.24 | |
Ir | Information ratio | 0.03 |
Electrovaya Common Volatility Alert
Electrovaya Common Shares currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Electrovaya Common's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Electrovaya Common's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Electrovaya Common Fundamentals Vs Peers
Comparing Electrovaya Common'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 Electrovaya Common's direct or indirect competition across all of the common fundamentals between Electrovaya Common and the related equities. This way, we can detect undervalued stocks with similar characteristics as Electrovaya Common or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Electrovaya Common's fundamental indicators could also be used in its relative valuation, which is a method of valuing Electrovaya Common by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Electrovaya Common to competition |
| Fundamentals | Electrovaya Common | Peer Average |
| Return On Equity | 0.087 | -0.31 |
| Return On Asset | 0.0318 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | (0.06) % | (5.51) % |
| Current Valuation | 97.23 M | 16.62 B |
| Shares Outstanding | 34.13 M | 571.82 M |
| Shares Owned By Insiders | 33.80 % | 10.09 % |
| Shares Owned By Institutions | 8.91 % | 39.21 % |
| Number Of Shares Shorted | 66.04 K | 4.71 M |
| Price To Book | 10.39 X | 9.51 X |
| Price To Sales | 1.60 X | 11.42 X |
| Revenue | 43.37 M | 9.43 B |
| Gross Profit | 4.89 M | 27.38 B |
| EBITDA | (324.61 K) | 3.9 B |
| Net Income | (1.48 M) | 570.98 M |
| Total Debt | 19.03 M | 5.32 B |
| Book Value Per Share | 0.22 X | 1.93 K |
| Cash Flow From Operations | (4.86 M) | 971.22 M |
| Short Ratio | 4.99 X | 4.00 X |
| Earnings Per Share | 0.02 X | 3.12 X |
| Target Price | 7.2 | |
| Number Of Employees | 97 | 18.84 K |
| Beta | 1.38 | -0.15 |
| Market Capitalization | 79.19 M | 19.03 B |
| Total Asset | 36.51 M | 29.47 B |
| Retained Earnings | (130.45 M) | 9.33 B |
| Working Capital | (705 K) | 1.48 B |
| Net Asset | 36.51 M |
Electrovaya Common Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Electrovaya . 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 Electrovaya Common Buy or Sell Advice
When is the right time to buy or sell Electrovaya Common Shares? Buying financial instruments such as Electrovaya 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.
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Check out Electrovaya Common 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Common. 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 Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 | Revenue Per Share 1.433 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0318 | Return On Equity 0.087 |
The market value of Electrovaya Common Shares 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 Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common'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 Common's market value can be influenced by many factors that don't directly affect Electrovaya Common'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 Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common'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.