Elkhorn Etf Book Value Per Share
Elkhorn fundamentals help investors to digest information that contributes to Elkhorn's financial success or failures. It also enables traders to predict the movement of Elkhorn Etf. The fundamental analysis module provides a way to measure Elkhorn's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elkhorn etf.
Elkhorn |
Elkhorn ETF Book Value Per Share Analysis
Elkhorn's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Elkhorn Book Value Per Share | 3.13 X |
Most of Elkhorn's fundamental indicators, such as Book Value Per Share, 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, Elkhorn is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionIn accordance with the recently published financial statements, the book value per share of Elkhorn is about 3.133 times. This is much higher than that of the Software family and significantly higher than that of the Information Technology category. The book value per share for all United States etfs is notably lower than that of the firm.
Elkhorn Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elkhorn's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Elkhorn could also be used in its relative valuation, which is a method of valuing Elkhorn by comparing valuation metrics of similar companies.Elkhorn is currently under evaluation in book value per share as compared to similar ETFs.
Fund Asset Allocation for Elkhorn
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Elkhorn's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Elkhorn Fundamentals
| Return On Equity | -0.53 | |||
| Return On Asset | -0.19 | |||
| Profit Margin | (0.67) % | |||
| Operating Margin | (0.66) % | |||
| Current Valuation | 10.47 B | |||
| Shares Outstanding | 183.16 M | |||
| Shares Owned By Insiders | 11.30 % | |||
| Shares Owned By Institutions | 69.85 % | |||
| Number Of Shares Shorted | 3.38 M | |||
| Price To Book | 3.22 X | |||
| Price To Sales | 4.38 X | |||
| Revenue | 1.46 B | |||
| Gross Profit | 1.03 B | |||
| EBITDA | (951.43 M) | |||
| Net Income | (1.06 B) | |||
| Cash And Equivalents | 731.72 M | |||
| Cash Per Share | 1.24 X | |||
| Total Debt | 278.18 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 1.35 X | |||
| Book Value Per Share | 3.13 X | |||
| Cash Flow From Operations | 17.9 M | |||
| Short Ratio | 1.00 X | |||
| Earnings Per Share | (1.74) X | |||
| Price To Earnings To Growth | 3.88 X | |||
| Target Price | 18.05 | |||
| Number Of Employees | 5.3 K | |||
| Beta | 1.73 | |||
| Market Capitalization | 11 B | |||
| Total Asset | 3.4 B | |||
| Retained Earnings | (3.52 B) | |||
| Working Capital | 232.38 M | |||
| Z Score | 21.86 | |||
| Net Asset | 3.4 B | |||
| Equity Positions Weight | 100.00 % |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Tools for Elkhorn Etf
When running Elkhorn's price analysis, check to measure Elkhorn'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 Elkhorn is operating at the current time. Most of Elkhorn's value examination focuses on studying past and present price action to predict the probability of Elkhorn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elkhorn's price. Additionally, you may evaluate how the addition of Elkhorn to your portfolios can decrease your overall portfolio volatility.
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