Electric Car Profitability Analysis
| ELCR Stock | USD 0.0001 0.00 0.00% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -1.7 M | Current Value -1.6 M | Quarterly Volatility 334 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0407 | 0.0388 |
|
|
For Electric Car profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Electric Car to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Electric Car utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Electric Car's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Electric Car over time as well as its relative position and ranking within its peers.
Electric |
Is Automobile Manufacturers 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 Electric Car. If investors know Electric 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 Electric Car listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.001 | Quarterly Revenue Growth (0.35) | Return On Assets (1.76) |
The market value of Electric Car is measured differently than its book value, which is the value of Electric that is recorded on the company's balance sheet. Investors also form their own opinion of Electric Car's value that differs from its market value or its book value, called intrinsic value, which is Electric Car'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 Electric Car's market value can be influenced by many factors that don't directly affect Electric Car'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 Electric Car's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electric Car is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electric Car'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.
Electric Car Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Electric Car's current stock value. Our valuation model uses many indicators to compare Electric Car value to that of its competitors to determine the firm's financial worth. Electric Car is rated # 5 in return on asset category among its peers. It is rated # 2 in profit margin category among its peers . At this time, Electric Car's Net Loss is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Electric Car by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Electric Profit Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Electric Car |
| = | -1.76 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Electric Car |
| = | (2.30) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Electric Profit Margin Comparison
Electric Car is currently under evaluation in profit margin category among its peers.
Electric Car Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Electric Car, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Electric Car will eventually generate negative long term returns. The profitability progress is the general direction of Electric Car's change in net profit over the period of time. It can combine multiple indicators of Electric Car, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -1.7 M | -1.6 M | |
| Net Loss | -1.7 M | -1.6 M | |
| Income Before Tax | -1.7 M | -1.6 M | |
| Total Other Income Expense Net | (1.15) | (1.21) | |
| Net Loss | -1.7 M | -1.6 M | |
| Net Loss | -1.7 M | -1.6 M | |
| Change To Netincome | 955.4 K | 1 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.54 | 0.42 | |
| Net Income Per E B T | 0.92 | 0.82 |
Electric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Electric Car. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Electric Car position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Electric Car's important profitability drivers and their relationship over time.
Use Electric Car in pair-trading
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 Electric Car 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 Electric Car will appreciate offsetting losses from the drop in the long position's value.Electric Car Pair Trading
Electric Car Pair Trading Analysis
The ability to find closely correlated positions to Electric Car could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Car 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 Electric Car - 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 Electric Car to buy it.
The correlation of Electric Car 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 Electric Car moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Car 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 Electric Car 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.Use Investing Themes to Complement your Electric Car position
In addition to having Electric Car in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cryptocurrency Thematic Idea Now
Cryptocurrency
Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Cryptocurrency theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cryptocurrency Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Electric Stock Analysis
When running Electric Car's price analysis, check to measure Electric Car'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 Electric Car is operating at the current time. Most of Electric Car's value examination focuses on studying past and present price action to predict the probability of Electric Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Car's price. Additionally, you may evaluate how the addition of Electric Car to your portfolios can decrease your overall portfolio volatility.