Electrovaya Common Shares Stock Analysis

Electrovaya Stock Analysis Notes

About 34.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Electrovaya Common Shares had 1:5 split on the 16th of June 2023. To learn more about Electrovaya Common Shares call Rajshekar Gupta at 905 855 4610 or check out https://electrovaya.com.

Electrovaya Common Shares Investment Alerts

Electrovaya Largest EPS Surprises

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Electrovaya Common Thematic Classifications

Electrovaya Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 92.85 M.

Electrovaya Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.06.

Management Efficiency

Electrovaya Common Shares has return on total asset (ROA) of 0.0318 % which means that it generated a profit of $0.0318 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.087 %, meaning that it created $0.087 on every $100 dollars invested by stockholders. Electrovaya Common's management efficiency ratios could be used to measure how well Electrovaya Common manages its routine affairs as well as how well it operates its assets and liabilities. As of November 26, 2024, Return On Tangible Assets is expected to decline to -0.05. In addition to that, Return On Capital Employed is expected to decline to 0.10. At present, Electrovaya Common's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 24.5 M, whereas Total Assets are forecasted to decline to about 16.7 M.

Technical Drivers

As of the 26th of November, Electrovaya Common shows the Mean Deviation of 2.61, downside deviation of 2.86, and Coefficient Of Variation of 823.69. Electrovaya Common Shares technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Electrovaya Common Shares Price Movement Analysis

Electrovaya Common Predictive Daily Indicators

Electrovaya Common Corporate Filings

Electrovaya Common Forecast Models

Electrovaya Common's time-series forecasting models are one of many Electrovaya Common's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Electrovaya Common's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Electrovaya Common prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Electrovaya shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Electrovaya Common. By using and applying Electrovaya Stock analysis, traders can create a robust methodology for identifying Electrovaya entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Electrovaya analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Electrovaya analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Electrovaya Common Shares stock analysis indicators help investors evaluate how Electrovaya Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Electrovaya Common shares will generate the highest return on investment. By understating and applying Electrovaya Common stock analysis, traders can identify Electrovaya Common position entry and exit signals to maximize returns.

When running Electrovaya Common's price analysis, check to measure Electrovaya Common'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 Electrovaya Common is operating at the current time. Most of Electrovaya Common's value examination focuses on studying past and present price action to predict the probability of Electrovaya Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrovaya Common's price. Additionally, you may evaluate how the addition of Electrovaya Common to your portfolios can decrease your overall portfolio volatility.