Electrameccanica Vehicles Corp Performance
| SOLODelisted Stock | USD 0.72 0.02 2.70% |
The firm shows a Beta (market volatility) of -0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Electrameccanica are expected to decrease at a much lower rate. During the bear market, Electrameccanica is likely to outperform the market. Electrameccanica Veh right now shows a risk of 0.0%. Please confirm Electrameccanica Veh total risk alpha and the relationship between the potential upside and day typical price , to decide if Electrameccanica Veh will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Electrameccanica Vehicles Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy essential indicators, Electrameccanica is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 134.8 M |
Electrameccanica |
Electrameccanica Relative Risk vs. Return Landscape
If you would invest 72.00 in Electrameccanica Vehicles Corp on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Electrameccanica Vehicles Corp or generate 0.0% return on investment over 90 days. Electrameccanica Vehicles Corp 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 stocks are less volatile than Electrameccanica, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Electrameccanica Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electrameccanica's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electrameccanica Vehicles Corp, and traders can use it to determine the average amount a Electrameccanica'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 Electrameccanica 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 Electrameccanica by adding Electrameccanica to a well-diversified portfolio.
Electrameccanica Fundamentals Growth
Electrameccanica Stock prices reflect investors' perceptions of the future prospects and financial health of Electrameccanica, and Electrameccanica 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 Electrameccanica Stock performance.
| Return On Equity | -0.57 | |||
| Return On Asset | -0.23 | |||
| Operating Margin | (84.66) % | |||
| Current Valuation | (23.58 M) | |||
| Shares Outstanding | 119.5 M | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 41.68 X | |||
| Revenue | 608.43 K | |||
| EBITDA | (27.21 M) | |||
| Cash And Equivalents | 176.37 M | |||
| Cash Per Share | 1.49 X | |||
| Total Debt | 16.52 M | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 0.61 X | |||
| Cash Flow From Operations | (61.67 M) | |||
| Earnings Per Share | (0.48) X | |||
| Total Asset | 94.11 M | |||
| Retained Earnings | (330.39 M) | |||
About Electrameccanica Performance
By examining Electrameccanica's fundamental ratios, stakeholders can obtain critical insights into Electrameccanica's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Electrameccanica is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada. Electrameccanica is traded on NASDAQ Exchange in the United States.Things to note about Electrameccanica Veh performance evaluation
Checking the ongoing alerts about Electrameccanica for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electrameccanica Veh help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electrameccanica Veh is not yet fully synchronised with the market data | |
| Electrameccanica Veh has some characteristics of a very speculative penny stock | |
| Electrameccanica Veh has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 608.43 K. Net Loss for the year was (57.58 M) with loss before overhead, payroll, taxes, and interest of (26.26 M). | |
| Electrameccanica Vehicles Corp currently holds about 176.37 M in cash with (61.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Electrameccanica'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 Electrameccanica's stock is overvalued or undervalued compared to its peers.
- Examining Electrameccanica'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 Electrameccanica's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electrameccanica's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electrameccanica's stock. These opinions can provide insight into Electrameccanica's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Electrameccanica Stock
If you are still planning to invest in Electrameccanica Veh 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 Electrameccanica's history and understand the potential risks before investing.
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