Energy Historical Valuation
| EFR Stock | CAD 10.19 0.28 2.83% |
Some fundamental drivers such as market cap or Energy Fuels enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Energy Fuels valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Energy Fuels's future value.
Energy Fuels Working Capital |
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Energy |
About Energy Valuation Data Analysis
Valuation is the financial process of determining what Energy Fuels is worth. Energy Fuels valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Energy Fuels valuation ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Fuels security.
Energy Fuels Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Energy Fuels theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Energy Fuels debt, but would also pocket its cash. Enterprise Value is more accurate representation of Energy Fuels value than its market capitalization because it takes into account all of Energy Fuels existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Energy Fuels' valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Energy Fuels current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.At this time, Energy Fuels' Market Cap is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value is likely to grow to about 1.1 B, while Working Capital is likely to drop (37.4 K).
Energy Fuels valuation accounts Correlations
Energy Fuels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Pair Trading with Energy Fuels
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 Energy Fuels 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 Energy Fuels will appreciate offsetting losses from the drop in the long position's value.Moving together with Energy Stock
| 0.91 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.68 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.93 | ENS | E Split Corp | PairCorr |
| 0.87 | ENS-PA | E Split Corp | PairCorr |
Moving against Energy Stock
The ability to find closely correlated positions to Energy Fuels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Fuels 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 Energy Fuels - 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 Energy Fuels to buy it.
The correlation of Energy Fuels 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 Energy Fuels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Fuels 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 Energy Fuels 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, which includes a position in Energy Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.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.