Sankar DIC - Electrovaya Executive Chairman
| ELVA Stock | 3.68 0.06 1.60% |
Chairman
Sankar DIC is Executive Chairman of Electrovaya
| Age | 74 |
| Address | 6688 Kitimat Road, Mississauga, ON, Canada, L5N 1P8 |
| Phone | 905 855 4610 |
| Web | https://electrovaya.com |
Electrovaya Management Efficiency
The company has return on total asset (ROA) of 0.0318 % which means that it generated a profit of $0.0318 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.087 %, meaning that it generated $0.087 on every $100 dollars invested by stockholders. Electrovaya's management efficiency ratios could be used to measure how well Electrovaya manages its routine affairs as well as how well it operates its assets and liabilities. As of the 31st of January 2025, Return On Tangible Assets is likely to drop to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.06. At this time, Electrovaya's Total Assets are very stable compared to the past year. As of the 31st of January 2025, Other Current Assets is likely to grow to about 7.2 M, while Non Current Assets Total are likely to drop about 5.9 M.Similar Executives
| Found 3 records | CHAIRMAN Age | ||
| William Beattie | Maple Leaf Foods | 58 | |
| Hamed BSc | WELL Health Technologies | 50 | |
| OC BBA | Maple Leaf Foods | 66 | |
Management Performance
| Return On Equity | 0.087 | ||||
| Return On Asset | 0.0318 |
Electrovaya Leadership Team
Elected by the shareholders, the Electrovaya's board of directors comprises two types of representatives: Electrovaya inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electrovaya. The board's role is to monitor Electrovaya's management team and ensure that shareholders' interests are well served. Electrovaya's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electrovaya's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Gibson, CFO Secretary | ||
| Dr MA, CoFounder Director | ||
| Jeremy Dang, Vice Development | ||
| Rajshekar Gupta, CEO Director | ||
| Kyle OLeary, Director Operations | ||
| Jason Roy, Director Relations | ||
| Francis Gibson, CFO Secretary | ||
| Sankar DIC, Executive Chairman |
Electrovaya Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Electrovaya a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.087 | ||||
| Return On Asset | 0.0318 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 178.73 M | ||||
| Shares Outstanding | 40.09 M | ||||
| Shares Owned By Insiders | 33.80 % | ||||
| Shares Owned By Institutions | 9.30 % | ||||
| Number Of Shares Shorted | 16.42 K | ||||
| Price To Book | 12.13 X |
Pair Trading with Electrovaya
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 Electrovaya 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 Electrovaya will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Electrovaya could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electrovaya 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 Electrovaya - 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 Electrovaya to buy it.
The correlation of Electrovaya 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 Electrovaya moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electrovaya 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 Electrovaya 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 Electrovaya Stock
Electrovaya financial ratios help investors to determine whether Electrovaya Stock 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 Electrovaya with respect to the benefits of owning Electrovaya security.