Elecster Oyj A Stock Shares Outstanding
| ELEAV Stock | EUR 4.80 0.02 0.41% |
Elecster Oyj A fundamentals help investors to digest information that contributes to Elecster Oyj's financial success or failures. It also enables traders to predict the movement of Elecster Stock. The fundamental analysis module provides a way to measure Elecster Oyj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elecster Oyj stock.
Elecster |
Elecster Oyj A Company Shares Outstanding Analysis
Elecster Oyj's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Elecster Oyj Shares Outstanding | 3.75 M |
Most of Elecster Oyj's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elecster Oyj A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Elecster Oyj A has 3.75 M of shares currently outstending. This is 97.43% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The shares outstanding for all Finland stocks is 99.34% higher than that of the company.
Elecster Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elecster Oyj's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elecster Oyj could also be used in its relative valuation, which is a method of valuing Elecster Oyj by comparing valuation metrics of similar companies.Elecster Oyj is currently under evaluation in shares outstanding category among related companies.
Elecster Fundamentals
| Return On Equity | -0.0238 | |||
| Return On Asset | 8.0E-4 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 43.57 M | |||
| Shares Outstanding | 3.75 M | |||
| Shares Owned By Insiders | 46.18 % | |||
| Shares Owned By Institutions | 14.67 % | |||
| Price To Earning | 11.16 X | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 0.89 X | |||
| Revenue | 32.54 M | |||
| Gross Profit | 14.28 M | |||
| EBITDA | 1.99 M | |||
| Net Income | 2.59 M | |||
| Cash And Equivalents | 7.34 M | |||
| Cash Per Share | 1.96 X | |||
| Total Debt | 11.46 M | |||
| Debt To Equity | 0.70 % | |||
| Current Ratio | 2.97 X | |||
| Book Value Per Share | 8.42 X | |||
| Cash Flow From Operations | 576 K | |||
| Earnings Per Share | 0.69 X | |||
| Target Price | 5.0 | |||
| Number Of Employees | 229 | |||
| Beta | 0.93 | |||
| Market Capitalization | 39.45 M | |||
| Total Asset | 48.9 M | |||
| Retained Earnings | 14 M | |||
| Working Capital | 18 M | |||
| Current Asset | 31 M | |||
| Current Liabilities | 13 M | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.51 % | |||
| Net Asset | 48.9 M |
About Elecster Oyj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elecster Oyj A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elecster Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elecster Oyj A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Elecster Oyj
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 Elecster Oyj 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 Elecster Oyj will appreciate offsetting losses from the drop in the long position's value.Moving against Elecster Stock
| 0.58 | HUH1V | Huhtamaki Oyj | PairCorr |
| 0.56 | KOJAMO | Kojamo | PairCorr |
| 0.51 | SAMPO | Sampo Oyj A | PairCorr |
| 0.41 | SAGCV | Saga Furs Oyj | PairCorr |
The ability to find closely correlated positions to Elecster Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elecster Oyj 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 Elecster Oyj - 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 Elecster Oyj A to buy it.
The correlation of Elecster Oyj 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 Elecster Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elecster Oyj A 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 Elecster Oyj 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elecster Oyj A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Elecster Stock analysis
When running Elecster Oyj's price analysis, check to measure Elecster Oyj'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 Elecster Oyj is operating at the current time. Most of Elecster Oyj's value examination focuses on studying past and present price action to predict the probability of Elecster Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elecster Oyj's price. Additionally, you may evaluate how the addition of Elecster Oyj to your portfolios can decrease your overall portfolio volatility.
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