Ellwee AB Shares Outstanding vs. Current Valuation

ELLWEE Stock  SEK 3.67  0.27  6.85%   
Based on the measurements of profitability obtained from Ellwee AB's financial statements, Ellwee AB may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Ellwee AB's ability to earn profits and add value for shareholders.
For Ellwee AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ellwee AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ellwee AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ellwee AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ellwee AB over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Ellwee AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellwee AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellwee AB'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.

Ellwee AB Current Valuation vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ellwee AB's current stock value. Our valuation model uses many indicators to compare Ellwee AB value to that of its competitors to determine the firm's financial worth.
Ellwee AB is one of the top stocks in shares outstanding category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about  0.10  of Current Valuation per Shares Outstanding. The ratio of Shares Outstanding to Current Valuation for Ellwee AB is roughly  9.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ellwee AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ellwee AB'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.

Ellwee Current Valuation vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Ellwee AB

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
433.8 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Ellwee AB

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
44.72 M
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.

Ellwee Current Valuation vs Competition

Ellwee AB is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Auto Manufacturers industry is currently estimated at about 180.83 Billion. Ellwee AB adds roughly 44.72 Million in current valuation claiming only tiny portion of stocks in Auto Manufacturers industry.

Ellwee AB Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ellwee AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ellwee AB will eventually generate negative long term returns. The profitability progress is the general direction of Ellwee AB's change in net profit over the period of time. It can combine multiple indicators of Ellwee AB, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ellwee Ab manufactures and sells electric golf vehicles. The company was founded in 2015 and is headquartered in Trollhttan, Sweden. ELLWEE AB is traded on Stockholm Stock Exchange in Sweden.

Ellwee Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ellwee AB. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ellwee AB position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ellwee AB's important profitability drivers and their relationship over time.

Use Ellwee AB in pair-trading

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 Ellwee AB 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 Ellwee AB will appreciate offsetting losses from the drop in the long position's value.

Ellwee AB Pair Trading

Ellwee AB Pair Trading Analysis

The ability to find closely correlated positions to Ellwee AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellwee AB 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 Ellwee AB - 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 Ellwee AB to buy it.
The correlation of Ellwee AB 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 Ellwee AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellwee AB 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 Ellwee AB 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ellwee AB position

In addition to having Ellwee AB in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Ellwee Stock

To fully project Ellwee AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ellwee AB at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ellwee AB's income statement, its balance sheet, and the statement of cash flows.
Potential Ellwee AB investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ellwee AB investors may work on each financial statement separately, they are all related. The changes in Ellwee AB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ellwee AB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.