Electra Battery Materials Stock Performance
| ELBM Stock | 0.70 0.03 4.11% |
The firm shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, Electra Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Electra Battery is expected to be smaller as well. Electra Battery Materials right now shows a risk of 5.11%. Please confirm Electra Battery Materials semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Electra Battery Materials will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Electra Battery Materials has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental drivers, Electra Battery is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 8 M |
Electra |
Electra Battery Relative Risk vs. Return Landscape
If you would invest 75.00 in Electra Battery Materials on August 24, 2024 and sell it today you would lose (5.00) from holding Electra Battery Materials or give up 6.67% of portfolio value over 90 days. Electra Battery Materials is generating 0.0205% of daily returns assuming 5.1107% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than Electra Battery, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Electra Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electra Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electra Battery Materials, and traders can use it to determine the average amount a Electra Battery'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 = 0.004
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| Negative Returns | ELBM |
Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electra Battery 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 Electra Battery by adding Electra Battery to a well-diversified portfolio.
Electra Battery Fundamentals Growth
Electra Stock prices reflect investors' perceptions of the future prospects and financial health of Electra Battery, and Electra Battery 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 Electra Stock performance.
| Return On Equity | -0.78 | |||
| Return On Asset | -0.042 | |||
| Current Valuation | 90.89 M | |||
| Shares Outstanding | 57.37 M | |||
| Price To Book | 0.61 X | |||
| EBITDA | (12.73 M) | |||
| Total Debt | 65.39 M | |||
| Book Value Per Share | 1.49 X | |||
| Cash Flow From Operations | (23.05 M) | |||
| Earnings Per Share | (1.41) X | |||
| Total Asset | 148.69 M | |||
| Retained Earnings | (245.44 M) | |||
About Electra Battery Performance
Evaluating Electra Battery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Electra Battery 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 Electra Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Electra Battery Materials performance evaluation
Checking the ongoing alerts about Electra Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electra Battery Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electra Battery had very high historical volatility over the last 90 days | |
| Electra Battery has some characteristics of a very speculative penny stock | |
| Electra Battery has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (64.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Electra Battery generates negative cash flow from operations |
- Analyzing Electra Battery'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 Electra Battery's stock is overvalued or undervalued compared to its peers.
- Examining Electra Battery'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 Electra Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electra Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electra Battery's stock. These opinions can provide insight into Electra Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Electra Stock Analysis
When running Electra Battery's price analysis, check to measure Electra Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electra Battery is operating at the current time. Most of Electra Battery's value examination focuses on studying past and present price action to predict the probability of Electra Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra Battery's price. Additionally, you may evaluate how the addition of Electra Battery to your portfolios can decrease your overall portfolio volatility.