Elcora Advanced Materials Stock Performance
| ERA Stock | CAD 0.02 0 20.00% |
On a scale of 0 to 100, Elcora Advanced holds a performance score of 3. The firm shows a Beta (market volatility) of -2.47, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Elcora Advanced are expected to decrease by larger amounts. On the other hand, during market turmoil, Elcora Advanced is expected to outperform it. Please check Elcora Advanced's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Elcora Advanced's price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Elcora Advanced Materials are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Elcora Advanced showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 15.2 K |
Elcora |
Elcora Advanced Relative Risk vs. Return Landscape
If you would invest 2.00 in Elcora Advanced Materials on October 21, 2024 and sell it today you would lose (0.20) from holding Elcora Advanced Materials or give up 10.0% of portfolio value over 90 days. Elcora Advanced Materials is currently producing 0.5018% returns and takes up 11.7983% 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 |
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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 Materials, 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 = 0.0425
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Estimated Market Risk
| 11.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Elcora Advanced is performing at about 3% 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 Equity | -13.89 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | (8.04) % | ||||
| Current Valuation | 4 M | ||||
| Shares Outstanding | 170.38 M | ||||
| Price To Earning | (5.50) X | ||||
| Price To Book | 135.90 X | ||||
| Price To Sales | 24.65 X | ||||
| Revenue | 120.98 K | ||||
| EBITDA | (953.87 K) | ||||
| Cash And Equivalents | 2.85 K | ||||
| Total Debt | 418.1 K | ||||
| Debt To Equity | 6.50 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (146.83 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 1.72 M | ||||
| Retained Earnings | (26.48 M) | ||||
About Elcora Advanced Performance
Evaluating Elcora Advanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Elcora Advanced has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Elcora Advanced has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. 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 founded in 2011 and is headquartered in Bedford, Canada. ELCORA ADVANCED is traded on Commodity Exchange in Exotistan.Things to note about Elcora Advanced Materials 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 Materials 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 | |
| Elcora Advanced has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 120.98 K. Net Loss for the year was (1.26 M) with loss before overhead, payroll, taxes, and interest of (65 K). | |
| Elcora Advanced Materials has accumulated about 2.85 K in cash with (146.83 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.
Additional 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.