Energem Corp Stock Return On Asset
Energem Corp fundamentals help investors to digest information that contributes to Energem Corp's financial success or failures. It also enables traders to predict the movement of Energem Stock. The fundamental analysis module provides a way to measure Energem Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Energem Corp stock.
Energem |
Energem Corp Company Return On Asset Analysis
Energem Corp's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Energem Corp Return On Asset | -0.0118 |
Most of Energem Corp's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Energem Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Energem Corp has a Return On Asset of -0.0118. This is 97.49% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 91.57% lower than that of the firm.
Energem Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Energem Corp's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Energem Corp could also be used in its relative valuation, which is a method of valuing Energem Corp by comparing valuation metrics of similar companies.Energem Corp is currently under evaluation in return on asset category among its peers.
Energem Fundamentals
| Return On Asset | -0.0118 | |||
| Current Valuation | 65.54 M | |||
| Shares Outstanding | 2.42 M | |||
| Shares Owned By Insiders | 43.39 % | |||
| Shares Owned By Institutions | 56.90 % | |||
| Number Of Shares Shorted | 8.94 K | |||
| Price To Book | 8.49 X | |||
| EBITDA | (1.29 M) | |||
| Net Income | 172.2 K | |||
| Cash And Equivalents | 262.87 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 259.14 K | |||
| Debt To Equity | 9.18 % | |||
| Current Ratio | 4.74 X | |||
| Book Value Per Share | (1.14) X | |||
| Cash Flow From Operations | (299.05 K) | |||
| Short Ratio | 0.39 X | |||
| Earnings Per Share | 0.06 X | |||
| Beta | -0.12 | |||
| Market Capitalization | 64.32 M | |||
| Total Asset | 19.9 M | |||
| Retained Earnings | (4.92 M) | |||
| Working Capital | (723.89 K) | |||
| Net Asset | 19.9 M |
About Energem Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Energem Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energem Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energem Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Energem Corp
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 Energem Corp 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 Energem Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Energem Stock
| 0.48 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.41 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.41 | CSCO | Cisco Systems | PairCorr |
| 0.41 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.33 | WMT | Walmart Aggressive Push | PairCorr |
The ability to find closely correlated positions to Energem Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energem Corp 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 Energem Corp - 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 Energem Corp to buy it.
The correlation of Energem Corp 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 Energem Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energem Corp 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 Energem Corp 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Energem Stock
If you are still planning to invest in Energem Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energem Corp's history and understand the potential risks before investing.
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