Ellomay Retained Earnings vs Treasury Stock Analysis

ELLO Stock

USD 16.49 0.47 2.93%

Ellomay Capital financial indicator trend analysis is much more than just examining Ellomay Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellomay Capital is a good investment. Please check the relationship between Ellomay Capital Retained Earnings and its Treasury Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. 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.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.

Retained Earnings vs Treasury Stock

Retained Earnings vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellomay Capital Retained Earnings account and Treasury Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ellomay Capital's Retained Earnings and Treasury Stock is -0.49. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Ellomay Capital, assuming nothing else is changed. The correlation between historical values of Ellomay Capital's Retained Earnings and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ellomay Capital are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Retained Earnings i.e., Ellomay Capital's Retained Earnings and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Treasury Stock

Most indicators from Ellomay Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellomay Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios 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 Ellomay Capital. 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.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.At this time, Ellomay Capital's Selling General Administrative is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Tax Provision is likely to drop (323.4 K).

	2021	2022	2023	2024 (projected)
Gross Profit	12.2M	13.2M	10.2M	9.2M
Total Revenue	44.8M	53.4M	48.8M	27.1M

Gross Profit Total Revenue

Ellomay Capital fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Total Assets		0.07	1.0	0.87	0.8	0.8	0.99	0.99	-0.06	0.62	0.86	1.0	0.62	0.7	0.33	0.43	0.97	-0.07	0.73	0.6	0.99	0.98	0.77	0.68	0.43	-0.34
Common Stock Shares Outstanding	0.07		0.09	0.14	0.24	-0.14	0.07	0.09	0.01	0.21	0.03	0.09	0.39	0.37	-0.11	0.16	0.06	-0.01	-0.23	0.18	0.12	0.03	0.31	0.26	0.1	-0.29
Short Long Term Debt Total	1.0	0.09		0.88	0.79	0.75	0.99	1.0	-0.08	0.6	0.83	1.0	0.59	0.66	0.31	0.36	0.98	-0.06	0.75	0.53	1.0	0.99	0.74	0.67	0.36	-0.42
Other Current Liab	0.87	0.14	0.88		0.8	0.51	0.9	0.9	-0.43	0.34	0.58	0.89	0.43	0.44	-0.03	0.26	0.85	0.06	0.68	0.44	0.9	0.9	0.5	0.65	0.26	-0.34
Total Current Liabilities	0.8	0.24	0.79	0.8		0.58	0.8	0.8	-0.29	0.31	0.55	0.8	0.55	0.65	0.19	0.32	0.66	0.01	0.46	0.5	0.8	0.77	0.63	0.97	0.34	-0.21
Total Stockholder Equity	0.8	-0.14	0.75	0.51	0.58		0.75	0.72	0.22	0.58	0.83	0.78	0.54	0.76	0.47	0.75	0.73	-0.2	0.5	0.83	0.74	0.73	0.78	0.53	0.77	0.16
Property Plant And Equipment Net	0.99	0.07	0.99	0.9	0.8	0.75		0.99	-0.14	0.6	0.8	0.99	0.53	0.62	0.25	0.38	0.97	-0.06	0.78	0.55	0.99	1.0	0.69	0.67	0.38	-0.34
Net Debt	0.99	0.09	1.0	0.9	0.8	0.72	0.99		-0.1	0.57	0.79	0.99	0.57	0.62	0.29	0.34	0.97	-0.05	0.75	0.51	1.0	0.99	0.7	0.68	0.33	-0.43
Retained Earnings	-0.06	0.01	-0.08	-0.43	-0.29	0.22	-0.14	-0.1		0.17	0.16	-0.08	0.21	0.18	0.36	0.12	-0.02	-0.48	-0.29	0.06	-0.1	-0.16	0.15	-0.21	0.13	-0.1
Accounts Payable	0.62	0.21	0.6	0.34	0.31	0.58	0.6	0.57	0.17		0.79	0.6	0.5	0.69	0.31	0.32	0.65	-0.03	0.39	0.43	0.6	0.58	0.63	0.22	0.31	-0.23
Cash	0.86	0.03	0.83	0.58	0.55	0.83	0.8	0.79	0.16	0.79		0.83	0.68	0.86	0.48	0.5	0.85	-0.07	0.55	0.61	0.83	0.78	0.89	0.45	0.51	-0.25
Non Current Assets Total	1.0	0.09	1.0	0.89	0.8	0.78	0.99	0.99	-0.08	0.6	0.83		0.61	0.67	0.29	0.42	0.97	-0.08	0.72	0.59	1.0	0.98	0.73	0.68	0.42	-0.35
Non Currrent Assets Other	0.62	0.39	0.59	0.43	0.55	0.54	0.53	0.57	0.21	0.5	0.68	0.61		0.79	0.33	0.37	0.59	0.01	-0.02	0.49	0.62	0.46	0.73	0.53	0.41	-0.37
Cash And Short Term Investments	0.7	0.37	0.66	0.44	0.65	0.76	0.62	0.62	0.18	0.69	0.86	0.67	0.79		0.44	0.63	0.62	-0.05	0.21	0.73	0.67	0.57	0.95	0.63	0.64	-0.1
Net Receivables	0.33	-0.11	0.31	-0.03	0.19	0.47	0.25	0.29	0.36	0.31	0.48	0.29	0.33	0.44		0.31	0.29	-0.26	0.23	0.29	0.28	0.26	0.47	0.24	0.3	-0.12
Common Stock Total Equity	0.43	0.16	0.36	0.26	0.32	0.75	0.38	0.34	0.12	0.32	0.5	0.42	0.37	0.63	0.31		0.35	-0.26	0.16	0.97	0.37	0.35	0.62	0.29	0.99	0.53
Non Current Liabilities Total	0.97	0.06	0.98	0.85	0.66	0.73	0.97	0.97	-0.02	0.65	0.85	0.97	0.59	0.62	0.29	0.35		-0.06	0.75	0.51	0.98	0.96	0.71	0.51	0.35	-0.44
Inventory	-0.07	-0.01	-0.06	0.06	0.01	-0.2	-0.06	-0.05	-0.48	-0.03	-0.07	-0.08	0.01	-0.05	-0.26	-0.26	-0.06		-0.08	-0.25	-0.05	-0.05	-0.01	-0.01	-0.27	-0.11
Other Current Assets	0.73	-0.23	0.75	0.68	0.46	0.5	0.78	0.75	-0.29	0.39	0.55	0.72	-0.02	0.21	0.23	0.16	0.75	-0.08		0.24	0.72	0.82	0.4	0.31	0.11	-0.24
Other Stockholder Equity	0.6	0.18	0.53	0.44	0.5	0.83	0.55	0.51	0.06	0.43	0.61	0.59	0.49	0.73	0.29	0.97	0.51	-0.25	0.24		0.54	0.52	0.68	0.45	0.97	0.41
Total Liab	0.99	0.12	1.0	0.9	0.8	0.74	0.99	1.0	-0.1	0.6	0.83	1.0	0.62	0.67	0.28	0.37	0.98	-0.05	0.72	0.54		0.98	0.74	0.68	0.37	-0.41
Property Plant And Equipment Gross	0.98	0.03	0.99	0.9	0.77	0.73	1.0	0.99	-0.16	0.58	0.78	0.98	0.46	0.57	0.26	0.35	0.96	-0.05	0.82	0.52	0.98		0.66	0.63	0.34	-0.34
Total Current Assets	0.77	0.31	0.74	0.5	0.63	0.78	0.69	0.7	0.15	0.63	0.89	0.73	0.73	0.95	0.47	0.62	0.71	-0.01	0.4	0.68	0.74	0.66		0.58	0.59	-0.19
Short Term Debt	0.68	0.26	0.67	0.65	0.97	0.53	0.67	0.68	-0.21	0.22	0.45	0.68	0.53	0.63	0.24	0.29	0.51	-0.01	0.31	0.45	0.68	0.63	0.58		0.31	-0.16
Common Stock	0.43	0.1	0.36	0.26	0.34	0.77	0.38	0.33	0.13	0.31	0.51	0.42	0.41	0.64	0.3	0.99	0.35	-0.27	0.11	0.97	0.37	0.34	0.59	0.31		0.56
Intangible Assets	-0.34	-0.29	-0.42	-0.34	-0.21	0.16	-0.34	-0.43	-0.1	-0.23	-0.25	-0.35	-0.37	-0.1	-0.12	0.53	-0.44	-0.11	-0.24	0.41	-0.41	-0.34	-0.19	-0.16	0.56

Click cells to compare fundamentals

Ellomay Capital Account Relationship Matchups

Ellomay Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	310.2M	460.2M	551.1M	576.2M	612.9M	643.5M
Common Stock Shares Outstanding	11.1M	12.3M	12.8M	12.9M	12.9M	7.3M
Short Long Term Debt Total	180.3M	298.2M	376.3M	407.0M	446.4M	468.7M
Other Current Liab	3.0M	6.0M	31.2M	44.0M	32.5M	34.1M
Total Current Liabilities	37.7M	45.2M	205.2M	91.2M	88.6M	93.0M
Total Stockholder Equity	106.6M	124.2M	115.5M	95.7M	115.0M	120.7M
Property Plant And Equipment Net	142.0M	281.3M	363.4M	395.8M	435.7M	457.5M
Net Debt	135.8M	231.3M	335.1M	360.6M	395.3M	415.0M
Retained Earnings	12.8M	8.2M	(7.2M)	(7.3M)	(5.0M)	(5.3M)
Accounts Payable	1.8M	12.4M	2.9M	4.5M	5.2M	4.6M
Cash	44.5M	66.8M	41.2M	46.5M	51.1M	53.7M
Non Current Assets Total	227.1M	372.1M	467.3M	511.5M	515.2M	541.0M
Non Currrent Assets Other	44.2M	50.4M	52.1M	58.1M	17.8M	12.4M
Cash And Short Term Investments	54.6M	76.7M	71.6M	49.3M	52.1M	27.3M
Net Receivables	6.3M	10.9M	10.0M	2.2M	10.5M	9.0M
Liabilities And Stockholders Equity	310.2M	460.2M	551.1M	576.2M	612.9M	643.5M
Non Current Liabilities Total	164.9M	290.0M	232.5M	401.9M	396.2M	416.0M
Inventory	284K	306K	640K	1.2M	1.2M	1.1M
Other Current Assets	1.4M	9.1M	9.2M	12.0M	40.3M	42.3M
Other Stockholder Equity	62.4M	80.7M	84.5M	84.3M	84.4M	51.6M
Total Liab	202.6M	335.1M	437.7M	493.1M	487.8M	512.1M
Property Plant And Equipment Gross	129.8M	281.3M	363.4M	395.8M	493.7M	518.4M
Total Current Assets	83.1M	88.0M	83.9M	64.7M	93.8M	49.3M
Short Term Debt	30.9M	26.7M	170.1M	42.3M	50.7M	53.2M
Common Stock	22.0M	25.1M	25.6M	25.6M	25.6M	15.8M
Accumulated Other Comprehensive Income	9.4M	10.3M	13.0M	(6.9M)	10.0M	10.5M
Intangible Assets	5.0M	5.4M	6.0M	4.1M	4.7M	4.3M
Current Deferred Revenue	2.0M	3.2M	2.8M	1.8M	1.1M	997.6K
Other Liab	11.1M	8.6M	8.5M	22.3M	25.6M	26.9M
Other Assets	58.7M	54.0M	65.1M	3.9M	4.5M	4.2M
Long Term Debt	134.0M	256.0M	193.8M	342.8M	372.0M	390.6M
Property Plant Equipment	87.2M	129.8M	281.3M	363.4M	417.9M	438.8M
Short Term Investments	10.1M	9.9M	30.4M	2.8M	997K	947.2K
Net Tangible Assets	73.6M	101.6M	119.6M	110.8M	127.4M	105.1M
Long Term Investments	33.6M	32.2M	34.0M	30.0M	31.8M	34.1M
Short Long Term Debt	30.9M	24.9M	162.4M	41.5M	50.0M	39.0M

Pair Trading with Ellomay Capital

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 Ellomay Capital 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 Ellomay Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ellomay Stock

0.67

WAVE

Eco Wave Power Trending

Pair Corr

Moving against Ellomay Stock

0.79	HTOOW	Fusion Fuel Green	Pair Corr
0.78	NEP	Nextera Energy Partners Fiscal Year End 23rd of January 2025	Pair Corr
0.74	AQN	Algonquin Power Utilities	Pair Corr
0.65	EBR	Centrais Electricas	Pair Corr
0.58	ALCE	Alternus Energy Group Symbol Change	Pair Corr

The ability to find closely correlated positions to Ellomay Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellomay Capital 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 Ellomay Capital - 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 Ellomay Capital to buy it.

The correlation of Ellomay Capital 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 Ellomay Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellomay Capital 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 Ellomay Capital 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.

Pair Correlation Correlation Matching

When determining whether Ellomay Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellomay Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellomay Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellomay Capital Stock:

How To Invest In Ellomay

Details

Is Ellomay Stock a good investment?

Details

What is Ellomay Capital's Net Worth?

Details

Largest Independent Power and Renewable Electricity Producers Companies

View

Largest Utilities - Renewable Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellomay Capital. 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.

To learn how to invest in Ellomay Stock, please use our How to Invest in Ellomay Capital guide.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellomay Capital. If investors know Ellomay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellomay Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.44

Earnings Share

(0.24)

Revenue Per Share

3.24

Quarterly Revenue Growth

(0.15)

Return On Assets

(0)

The market value of Ellomay Capital is measured differently than its book value, which is the value of Ellomay that is recorded on the company's balance sheet. Investors also form their own opinion of Ellomay Capital's value that differs from its market value or its book value, called intrinsic value, which is Ellomay Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellomay Capital's market value can be influenced by many factors that don't directly affect Ellomay Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ellomay Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellomay Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellomay Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ellomay Retained Earnings vs Treasury Stock Analysis

Retained Earnings vs Treasury Stock

Retained Earnings vs Treasury Stock Correlation Analysis

Correlation Coefficient

Retained Earnings

Treasury Stock

Ellomay Capital fundamental ratios Correlations

Ellomay Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ellomay Capital fundamental ratios Accounts

Pair Trading with Ellomay Capital

Moving together with Ellomay Stock

Moving against Ellomay Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Inventory	- 0.48	Retained Earnings
Intangible Assets	- 0.44	Non Current Liabilities Total
Intangible Assets	- 0.43	Net Debt
Retained Earnings	- 0.43	Other Current Liab
Intangible Assets	- 0.42	Short Long Term Debt Total
Intangible Assets	- 0.41	Total Liab