Electra Battery Materials Stock Performance
| ELBM Stock | USD 1.65 0.06 3.51% |
The firm shows a Beta (market volatility) of 1.08, which means a somewhat significant risk relative to the market. Electra Battery returns are very sensitive to returns on the market. As the market goes up or down, Electra Battery is expected to follow. At this point, Electra Battery Materials has a negative expected return of -0.21%. Please make sure to confirm Electra Battery's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Electra Battery Materials performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Electra Battery Materials has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's fundamental drivers remain very healthy which may send shares a bit higher in March 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 8 M |
Electra |
Electra Battery Relative Risk vs. Return Landscape
If you would invest 204.00 in Electra Battery Materials on November 19, 2024 and sell it today you would lose (39.00) from holding Electra Battery Materials or give up 19.12% of portfolio value over 90 days. Electra Battery Materials is currently does not generate positive expected returns and assumes 5.2474% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than Electra, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Electra Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electra Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electra Battery Materials, and traders can use it to determine the average amount a Electra Battery'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 = -0.0405
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| Negative Returns | ELBM |
Estimated Market Risk
| 5.25 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electra Battery is not performing at its full potential. However, 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 Electra Battery by adding Electra Battery to a well-diversified portfolio.
Electra Battery Fundamentals Growth
Electra Stock prices reflect investors' perceptions of the future prospects and financial health of Electra Battery, and Electra Battery 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 Electra Stock performance.
| Return On Equity | -0.69 | ||||
| Return On Asset | -0.0385 | ||||
| Current Valuation | 59.93 M | ||||
| Shares Outstanding | 14.8 M | ||||
| Price To Book | 0.53 X | ||||
| EBITDA | (13.34 M) | ||||
| Cash And Equivalents | 41.77 M | ||||
| Cash Per Share | 1.29 X | ||||
| Total Debt | 44.58 M | ||||
| Debt To Equity | 0.22 % | ||||
| Book Value Per Share | 4.57 X | ||||
| Cash Flow From Operations | (23.05 M) | ||||
| Earnings Per Share | (3.94) X | ||||
| Total Asset | 148.69 M | ||||
| Retained Earnings | (245.44 M) | ||||
About Electra Battery Performance
By examining Electra Battery's fundamental ratios, stakeholders can obtain critical insights into Electra Battery's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Electra Battery is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Electra Battery Materials Corporation acquires and explores for resource properties in the United States and Canada. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada. Electra Battery operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.Things to note about Electra Battery Materials performance evaluation
Checking the ongoing alerts about Electra Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electra Battery Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electra Battery generated a negative expected return over the last 90 days | |
| Electra Battery has high historical volatility and very poor performance | |
| Electra Battery may become a speculative penny stock | |
| Electra Battery has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (64.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Electra Battery Materials currently holds about 41.77 M in cash with (23.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29. |
- Analyzing Electra Battery'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 Electra Battery's stock is overvalued or undervalued compared to its peers.
- Examining Electra Battery'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 Electra Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electra Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electra Battery's stock. These opinions can provide insight into Electra Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.