Electrameccanica Vehicles Corp Stock Operating Margin
| SOLODelisted Stock | USD 0.72 0.02 2.70% |
Electrameccanica Vehicles Corp fundamentals help investors to digest information that contributes to Electrameccanica's financial success or failures. It also enables traders to predict the movement of Electrameccanica Stock. The fundamental analysis module provides a way to measure Electrameccanica'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 Electrameccanica stock.
Electrameccanica |
Electrameccanica Vehicles Corp Company Operating Margin Analysis
Electrameccanica's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Electrameccanica Operating Margin | (84.66) % |
Most of Electrameccanica's fundamental indicators, such as Operating Margin, 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, Electrameccanica Vehicles Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Electrameccanica Vehicles Corp has an Operating Margin of -84.6583%. This is 1422.79% lower than that of the Automobiles sector and notably lower than that of the Consumer Discretionary industry. The operating margin for all United States stocks is notably higher than that of the company.
Electrameccanica Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electrameccanica's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Electrameccanica could also be used in its relative valuation, which is a method of valuing Electrameccanica by comparing valuation metrics of similar companies.Electrameccanica is currently under evaluation in operating margin category among its peers.
Electrameccanica Fundamentals
| Return On Equity | -0.57 | |||
| Return On Asset | -0.23 | |||
| Operating Margin | (84.66) % | |||
| Current Valuation | (23.58 M) | |||
| Shares Outstanding | 119.5 M | |||
| Shares Owned By Insiders | 6.13 % | |||
| Shares Owned By Institutions | 1.96 % | |||
| Number Of Shares Shorted | 3.7 M | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 41.68 X | |||
| Revenue | 608.43 K | |||
| Gross Profit | (26.26 M) | |||
| EBITDA | (27.21 M) | |||
| Net Income | (57.58 M) | |||
| Cash And Equivalents | 176.37 M | |||
| Cash Per Share | 1.49 X | |||
| Total Debt | 16.52 M | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 24.64 X | |||
| Book Value Per Share | 0.61 X | |||
| Cash Flow From Operations | (61.67 M) | |||
| Short Ratio | 8.73 X | |||
| Earnings Per Share | (0.48) X | |||
| Target Price | 0.94 | |||
| Number Of Employees | 34 | |||
| Beta | 2.6 | |||
| Market Capitalization | 25.36 M | |||
| Total Asset | 94.11 M | |||
| Retained Earnings | (330.39 M) | |||
| Working Capital | 65.55 M | |||
| Z Score | -4.11 | |||
| Net Asset | 94.11 M |
About Electrameccanica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electrameccanica Vehicles Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electrameccanica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electrameccanica Vehicles 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 Electrameccanica
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 Electrameccanica 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 Electrameccanica will appreciate offsetting losses from the drop in the long position's value.Moving against Electrameccanica Stock
| 0.75 | AAGH | America Great Health | PairCorr |
| 0.74 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.66 | NNAX | New Momentum | PairCorr |
| 0.63 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.55 | PFE | Pfizer Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Electrameccanica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electrameccanica 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 Electrameccanica - 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 Electrameccanica Vehicles Corp to buy it.
The correlation of Electrameccanica 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 Electrameccanica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electrameccanica Veh 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 Electrameccanica 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 World Market Map 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 bureau of economic analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Electrameccanica Stock
If you are still planning to invest in Electrameccanica Veh 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 Electrameccanica's history and understand the potential risks before investing.
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