ECN Financial Statements From 2010 to 2025
| ECN Stock | CAD 2.63 0.04 1.50% |
Check ECN Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECN Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . ECN financial statements analysis is a perfect complement when working with ECN Capital Valuation or Volatility modules.
ECN |
ECN Capital Corp Company Operating Margin Analysis
ECN Capital's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current ECN Capital Operating Margin | 0.1 % |
Most of ECN Capital's fundamental indicators, such as Operating Margin, 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, ECN Capital Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, ECN Capital Corp has an Operating Margin of 0.0992%. This is 99.46% lower than that of the Thrifts & Mortgage Finance sector and 99.56% lower than that of the Financials industry. The operating margin for all Canada stocks is 101.8% lower than that of the firm.
ECN Capital Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ECN Capital's current stock value. Our valuation model uses many indicators to compare ECN Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ECN Capital competition to find correlations between indicators driving ECN Capital's intrinsic value. More Info.ECN Capital Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ECN Capital Corp is roughly 5.26 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ECN Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ECN Capital's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About ECN Capital Financial Statements
ECN Capital investors utilize fundamental indicators, such as revenue or net income, to predict how ECN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. ECN Capital Corp. was founded in 2016 and is headquartered in Toronto, Canada. ECN CAPITAL operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. It employs 590 people.
Pair Trading with ECN Capital
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 ECN Capital 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 ECN Capital will appreciate offsetting losses from the drop in the long position's value.Moving against ECN Stock
| 0.8 | PPL | Pembina Pipeline Corp | PairCorr |
| 0.65 | VCI | Vitreous Glass | PairCorr |
| 0.49 | GRZ | Gold Reserve | PairCorr |
| 0.46 | GOLD | GoldMining | PairCorr |
| 0.37 | AGI | Alamos Gold | PairCorr |
The ability to find closely correlated positions to ECN Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECN Capital 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 ECN Capital - 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 ECN Capital Corp to buy it.
The correlation of ECN Capital 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 ECN Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECN Capital Corp 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 ECN Capital 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.Other Information on Investing in ECN Stock
ECN Capital financial ratios help investors to determine whether ECN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECN with respect to the benefits of owning ECN Capital security.