Electrovaya Common Stock Forecast - Market Facilitation Index

ELVA Stock   2.09  0.04  1.88%   
Electrovaya Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Electrovaya Common stock prices and determine the direction of Electrovaya Common Shares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Electrovaya Common's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Electrovaya Common's Payables Turnover is projected to slightly grow based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.12, whereas Inventory Turnover is forecasted to decline to 1.79. . The current year's Common Stock Shares Outstanding is expected to grow to about 40.9 M, whereas Net Loss is forecasted to decline to (6.2 M).
Electrovaya Common Shares has current Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Electrovaya Common Trading Date Momentum

On November 12 2024 Electrovaya Common Shares was traded for  2.09  at the closing time. The top price for the day was 2.15  and the lowest listed price was  1.73 . The trading volume for the day was 16.3 K. The trading history from November 12, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.87% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Electrovaya Common

For every potential investor in Electrovaya, whether a beginner or expert, Electrovaya Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Electrovaya Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Electrovaya. Basic forecasting techniques help filter out the noise by identifying Electrovaya Common's price trends.

Electrovaya Common Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Electrovaya Common stock to make a market-neutral strategy. Peer analysis of Electrovaya Common could also be used in its relative valuation, which is a method of valuing Electrovaya Common by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Electrovaya Common Shares Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Electrovaya Common's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Electrovaya Common's current price.

Electrovaya Common Market Strength Events

Market strength indicators help investors to 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 undertsting and applying Electrovaya Common stock market strength indicators, traders can identify Electrovaya Common Shares entry and exit signals to maximize returns.

Electrovaya Common Risk Indicators

The analysis of Electrovaya Common's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Electrovaya Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electrovaya stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electrovaya Common Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electrovaya Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Electrovaya Common Shares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electrovaya Common Shares Stock:
Check out Historical Fundamental Analysis of Electrovaya Common to cross-verify your projections.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Electrical Components & Equipment 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 Electrovaya Common. If investors know Electrovaya 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 Electrovaya Common 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
1.433
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0318
Return On Equity
0.087
The market value of Electrovaya Common Shares is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common'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 Electrovaya Common's market value can be influenced by many factors that don't directly affect Electrovaya Common'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 Electrovaya Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common'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.