Elkhorn Performance
| DWACDelisted Etf | USD 17.63 1.37 7.21% |
The etf shows a Beta (market volatility) of -0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Elkhorn are expected to decrease at a much lower rate. During the bear market, Elkhorn is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Elkhorn has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Elkhorn is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 1012.00 |
Elkhorn |
Elkhorn Relative Risk vs. Return Landscape
If you would invest 1,763 in Elkhorn on August 24, 2024 and sell it today you would earn a total of 0.00 from holding Elkhorn or generate 0.0% return on investment over 90 days. Elkhorn is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Elkhorn, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elkhorn Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elkhorn's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Elkhorn, and traders can use it to determine the average amount a Elkhorn'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 = 0.0
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Based on monthly moving average Elkhorn is not performing at its full potential. However, 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 Elkhorn by adding Elkhorn to a well-diversified portfolio.
Elkhorn Fundamentals Growth
Elkhorn Etf prices reflect investors' perceptions of the future prospects and financial health of Elkhorn, and Elkhorn 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 Elkhorn Etf performance.
| Return On Asset | -0.0278 | |||
| Current Valuation | 1.38 B | |||
| Shares Outstanding | 30.02 M | |||
| Price To Book | 5.57 X | |||
| EBITDA | (18.5 M) | |||
| Cash And Equivalents | 2.97 K | |||
| Total Debt | 3.5 M | |||
| Debt To Equity | 3.47 % | |||
| Book Value Per Share | (1.60) X | |||
| Cash Flow From Operations | (1.78 M) | |||
| Earnings Per Share | (0.68) X | |||
| Total Asset | 300.5 M | |||
| Retained Earnings | (30.99 M) | |||
About Elkhorn Performance
By analyzing Elkhorn's fundamental ratios, stakeholders can gain valuable insights into Elkhorn's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elkhorn 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 Elkhorn has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Digital World Acquisition Corp. does not have significant operations. Digital World is traded on NASDAQ Exchange in the United States.| Elkhorn is now traded under the symbol DJT. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Elkhorn is not yet fully synchronised with the market data | |
| Elkhorn has a very high chance of going through financial distress in the upcoming years | |
| Elkhorn currently holds 3.5 M in liabilities with Debt to Equity (D/E) ratio of 3.47, implying the company greatly relies on financing operations through barrowing. Elkhorn has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Elkhorn until it has trouble settling it off, either with new capital or with free cash flow. So, Elkhorn's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elkhorn sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elkhorn to invest in growth at high rates of return. When we think about Elkhorn's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (25.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elkhorn currently holds about 2.97 K in cash with (1.78 M) of positive cash flow from operations. | |
| The fund retains roughly 62.78% of its assets under management (AUM) in fixed income securities |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Elkhorn Etf
If you are still planning to invest in Elkhorn 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 Elkhorn's history and understand the potential risks before investing.
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