Electrovaya Common Shares Stock Performance
| ELVA Stock | 2.48 0.12 4.62% |
On a scale of 0 to 100, Electrovaya Common holds a performance score of 8. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Electrovaya Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding Electrovaya Common is expected to be smaller as well. Please check Electrovaya Common's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Electrovaya Common's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Electrovaya Common Shares are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile basic indicators, Electrovaya Common sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.52) | Five Day Return (10.03) | Year To Date Return 1.96 | Ten Year Return 4 | All Time Return (34.18) |
Last Split Factor 1:5 | Last Split Date 2023-06-16 |
1 | Electrovaya gets 3.5M purchase order for batteries | 11/12/2024 |
2 | Electrovaya Secures Major Defense Contract After Successful Battery Testing - StockTitan | 11/21/2024 |
3 | Amtech Systems Reports Break-Even Earnings for Q4 | 12/09/2024 |
4 | Q4 2024 Electrovaya Inc Earnings Call Transcript | 12/13/2024 |
5 | Electrovaya announces public offering of common shares - Seeking Alpha | 12/16/2024 |
6 | Is Electrovaya Common volatility expected to diminish is January | 12/30/2024 |
| Begin Period Cash Flow | 1 M |
Electrovaya |
Electrovaya Common Relative Risk vs. Return Landscape
If you would invest 206.00 in Electrovaya Common Shares on November 1, 2024 and sell it today you would earn a total of 54.00 from holding Electrovaya Common Shares or generate 26.21% return on investment over 90 days. Electrovaya Common Shares is currently generating 0.498% in daily expected returns and assumes 4.6255% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Electrovaya, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Electrovaya Common Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electrovaya Common's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electrovaya Common Shares, and traders can use it to determine the average amount a Electrovaya Common's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1077
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.63 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Electrovaya Common is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Electrovaya Common by adding it to a well-diversified portfolio.
Electrovaya Common Fundamentals Growth
Electrovaya Stock prices reflect investors' perceptions of the future prospects and financial health of Electrovaya Common, and Electrovaya Common fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Electrovaya Stock performance.
| Return On Equity | 0.087 | ||||
| Return On Asset | 0.0318 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 126.6 M | ||||
| Shares Outstanding | 40.09 M | ||||
| Price To Book | 12.33 X | ||||
| Price To Sales | 2.15 X | ||||
| Revenue | 44.59 M | ||||
| Gross Profit | 15.25 M | ||||
| EBITDA | 2.92 M | ||||
| Net Income | (1.49 M) | ||||
| Total Debt | 20.77 M | ||||
| Book Value Per Share | 0.22 X | ||||
| Cash Flow From Operations | 1.04 M | ||||
| Earnings Per Share | (0.04) X | ||||
| Market Capitalization | 106.6 M | ||||
| Total Asset | 39.48 M | ||||
| Retained Earnings | (129.24 M) | ||||
| Working Capital | 887 K | ||||
About Electrovaya Common Performance
By analyzing Electrovaya Common's fundamental ratios, stakeholders can gain valuable insights into Electrovaya Common's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Electrovaya Common has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Electrovaya Common has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 103.01 | 80.06 | |
| Return On Tangible Assets | (0.04) | (0.05) | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | (0.04) | (0.05) | |
| Return On Equity | (0.16) | (0.15) |
Things to note about Electrovaya Common Shares performance evaluation
Checking the ongoing alerts about Electrovaya Common for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electrovaya Common Shares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 44.59 M. Net Loss for the year was (1.49 M) with profit before overhead, payroll, taxes, and interest of 15.25 M. | |
| Electrovaya Common has a poor financial position based on the latest SEC disclosures | |
| About 34.0% of the company shares are held by company insiders |
- Analyzing Electrovaya Common's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Electrovaya Common's stock is overvalued or undervalued compared to its peers.
- Examining Electrovaya Common's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Electrovaya Common's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electrovaya Common's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electrovaya Common's stock. These opinions can provide insight into Electrovaya Common's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Electrovaya Stock analysis
When running Electrovaya Common's price analysis, check to measure Electrovaya Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrovaya Common is operating at the current time. Most of Electrovaya Common's value examination focuses on studying past and present price action to predict the probability of Electrovaya Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrovaya Common's price. Additionally, you may evaluate how the addition of Electrovaya Common to your portfolios can decrease your overall portfolio volatility.
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