Exro Financial Statements From 2010 to 2025
| EXRO Stock | 0.1 0.01 5.56% |
Check Exro Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exro Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Exro financial statements analysis is a perfect complement when working with Exro Technologies Valuation or Volatility modules.
Exro |
Exro Technologies Company Current Valuation Analysis
Exro Technologies' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Exro Technologies Current Valuation | 136.15 M |
Most of Exro Technologies' fundamental indicators, such as Current Valuation, 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, Exro Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Exro Technologies has a Current Valuation of 136.15 M. This is 98.13% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current valuation for all Canada stocks is 99.18% higher than that of the company.
Exro Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Exro Technologies's current stock value. Our valuation model uses many indicators to compare Exro Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Exro Technologies competition to find correlations between indicators driving Exro Technologies's intrinsic value. More Info.Exro Technologies is rated # 2 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Exro Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Exro Technologies' 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 Exro Technologies Financial Statements
Exro Technologies investors utilize fundamental indicators, such as revenue or net income, to predict how Exro 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.
Pair Trading with Exro Technologies
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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro Stock
| 0.88 | MNT-U | ROYAL CANADIAN MINT | PairCorr |
| 0.87 | RAY-A | Stingray Group | PairCorr |
| 0.84 | ARG | Amerigo Resources | PairCorr |
| 0.82 | IFOS | Itafos Corp | PairCorr |
| 0.82 | ASCU | Arizona Sonoran Copper | PairCorr |
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.
The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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 Exro Stock
Exro Technologies financial ratios help investors to determine whether Exro 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 Exro with respect to the benefits of owning Exro Technologies security.