Electrovaya Performance
| EFLVFDelisted Stock | USD 5.04 0.31 5.79% |
The firm shows a Beta (market volatility) of -0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Electrovaya are expected to decrease at a much lower rate. During the bear market, Electrovaya is likely to outperform the market. Electrovaya right now shows a risk of 0.0%. Please confirm Electrovaya downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Electrovaya will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Electrovaya has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Electrovaya is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 4.2 M | |
| Total Cashflows From Investing Activities | -423 K | |
| Free Cash Flow | -11.9 M |
Electrovaya |
Electrovaya Relative Risk vs. Return Landscape
If you would invest (100.00) in Electrovaya on September 1, 2024 and sell it today you would earn a total of 100.00 from holding Electrovaya or generate -100.0% return on investment over 90 days. Electrovaya is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Electrovaya, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Electrovaya Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electrovaya's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Electrovaya, and traders can use it to determine the average amount a Electrovaya'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 Electrovaya 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 Electrovaya by adding Electrovaya to a well-diversified portfolio.
Electrovaya Fundamentals Growth
Electrovaya OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Electrovaya, and Electrovaya 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 Electrovaya OTC Stock performance.
| Return On Asset | -0.17 | |||
| Profit Margin | (0.33) % | |||
| Operating Margin | (0.22) % | |||
| Current Valuation | 162.01 M | |||
| Shares Outstanding | 164.67 M | |||
| Price To Earning | 96.56 X | |||
| Price To Sales | 6.95 X | |||
| Revenue | 19.17 M | |||
| EBITDA | (3.45 M) | |||
| Cash And Equivalents | 955 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 18.74 M | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (11.81 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 18.08 M | |||
| Retained Earnings | (73.94 M) | |||
| Current Asset | 25.28 M | |||
| Current Liabilities | 19.06 M | |||
About Electrovaya Performance
By analyzing Electrovaya's fundamental ratios, stakeholders can gain valuable insights into Electrovaya's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Electrovaya 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 Electrovaya has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada. Electrovaya is traded on OTC Exchange in the United States.Things to note about Electrovaya performance evaluation
Checking the ongoing alerts about Electrovaya for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Electrovaya help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electrovaya is not yet fully synchronised with the market data | |
| Electrovaya has a very high chance of going through financial distress in the upcoming years | |
| Electrovaya has accumulated 18.74 M in total debt. Electrovaya has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Electrovaya until it has trouble settling it off, either with new capital or with free cash flow. So, Electrovaya'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 Electrovaya sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electrovaya to invest in growth at high rates of return. When we think about Electrovaya's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 19.17 M. Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 4.89 M. | |
| Electrovaya has accumulated about 955 K in cash with (11.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 34.0% of the company shares are held by company insiders |
- Analyzing Electrovaya's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Electrovaya's stock is overvalued or undervalued compared to its peers.
- Examining Electrovaya's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Electrovaya's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electrovaya's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Electrovaya's otc stock. These opinions can provide insight into Electrovaya's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Electrovaya OTC Stock
If you are still planning to invest in Electrovaya 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 Electrovaya's history and understand the potential risks before investing.
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