ELCORA ADVANCED (Germany) Performance
| ELM Stock | EUR 0.01 0 0.00% |
ELCORA ADVANCED holds a performance score of 19 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 7.01, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ELCORA ADVANCED will likely underperform. Use ELCORA ADVANCED MATCORP semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to analyze future returns on ELCORA ADVANCED MATCORP.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ELCORA ADVANCED MATCORP are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, ELCORA ADVANCED reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ELCORA |
ELCORA ADVANCED Relative Risk vs. Return Landscape
If you would invest 0.65 in ELCORA ADVANCED MATCORP on February 3, 2024 and sell it today you would earn a total of 1.70 from holding ELCORA ADVANCED MATCORP or generate 261.54% return on investment over 90 days. ELCORA ADVANCED MATCORP is currently producing 17.6831% returns and takes up 69.6657% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than ELCORA, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ELCORA ADVANCED Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELCORA ADVANCED's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ELCORA ADVANCED MATCORP, and traders can use it to determine the average amount a ELCORA ADVANCED'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 = 0.2538
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Estimated Market Risk
| 69.67 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.04 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average ELCORA ADVANCED is performing at about 19% of its full potential. 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 ELCORA ADVANCED by adding it to a well-diversified portfolio.
ELCORA ADVANCED Fundamentals Growth
ELCORA Stock prices reflect investors' perceptions of the future prospects and financial health of ELCORA ADVANCED, and ELCORA ADVANCED 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 ELCORA Stock performance.
| Return On Asset | -0.35 | |||
| Shares Outstanding | 167.38 M | |||
| Price To Earning | (3.96) X | |||
| EBITDA | (977.13 K) | |||
| Cash And Equivalents | 215.7 K | |||
| Total Debt | 1.23 M | |||
| Debt To Equity | 6.50 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (220.4 K) | |||
| Earnings Per Share | (0.01) X | |||
About ELCORA ADVANCED Performance
To evaluate ELCORA ADVANCED MATCORP Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ELCORA ADVANCED generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ELCORA Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ELCORA ADVANCED MATCORP market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ELCORA's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Elcora Advanced Materials Corp., a graphite and graphene company, mines, processes, and refines graphite and graphene. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. ELCORA ADVANCED is traded on Frankfurt Stock Exchange in Germany.Things to note about ELCORA ADVANCED MATCORP performance evaluation
Checking the ongoing alerts about ELCORA ADVANCED for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ELCORA ADVANCED MATCORP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ELCORA ADVANCED is way too risky over 90 days horizon | |
| ELCORA ADVANCED has some characteristics of a very speculative penny stock | |
| ELCORA ADVANCED appears to be risky and price may revert if volatility continues | |
| The company has accumulated 1.23 M in total debt with debt to equity ratio (D/E) of 6.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ELCORA ADVANCED MATCORP has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ELCORA ADVANCED until it has trouble settling it off, either with new capital or with free cash flow. So, ELCORA ADVANCED's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ELCORA ADVANCED MATCORP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ELCORA to invest in growth at high rates of return. When we think about ELCORA ADVANCED's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (916.46 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| ELCORA ADVANCED MATCORP has accumulated about 215.7 K in cash with (220.4 K) of positive cash flow from operations. |
- Analyzing ELCORA ADVANCED'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 ELCORA ADVANCED's stock is overvalued or undervalued compared to its peers.
- Examining ELCORA ADVANCED'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 ELCORA ADVANCED's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ELCORA ADVANCED's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ELCORA ADVANCED's stock. These opinions can provide insight into ELCORA ADVANCED's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELCORA ADVANCED MATCORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for ELCORA Stock analysis
When running ELCORA ADVANCED's price analysis, check to measure ELCORA ADVANCED'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 ELCORA ADVANCED is operating at the current time. Most of ELCORA ADVANCED's value examination focuses on studying past and present price action to predict the probability of ELCORA ADVANCED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELCORA ADVANCED's price. Additionally, you may evaluate how the addition of ELCORA ADVANCED to your portfolios can decrease your overall portfolio volatility.
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