Lion Other Assets from 2010 to 2024
| LEV Stock | USD 1.02 0.02 1.92% |
Other Assets | First Reported 2010-12-31 | Previous Quarter 1.2 M | Current Value 1.2 M | Quarterly Volatility 22.6 M |
Check Lion Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lion main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 2.4 M or Interest Expense of 19.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0 or PTB Ratio of 1.05. Lion financial statements analysis is a perfect complement when working with Lion Electric Valuation or Volatility modules.
Lion | Other Assets |
Latest Lion Electric's Other Assets Growth Pattern
Below is the plot of the Other Assets of Lion Electric Corp over the last few years. It is Lion Electric's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lion Electric's overall financial position and show how it may be relating to other accounts over time.
| Other Assets | 10 Years Trend |
|
Other Assets |
| Timeline |
Lion Other Assets Regression Statistics
| Arithmetic Mean | 16,957,333 | |
| Geometric Mean | 8,964,326 | |
| Coefficient Of Variation | 133.44 | |
| Mean Deviation | 14,209,707 | |
| Median | 10,381,694 | |
| Standard Deviation | 22,627,163 | |
| Sample Variance | 512T | |
| Range | 86.4M | |
| R-Value | 0.20 | |
| Mean Square Error | 529.9T | |
| R-Squared | 0.04 | |
| Significance | 0.48 | |
| Slope | 999,216 | |
| Total Sum of Squares | 7167.8T |
Lion Other Assets History
About Lion Electric Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Lion Electric income statement, its balance sheet, and the statement of cash flows. Lion Electric investors use historical funamental indicators, such as Lion Electric's Other Assets, to determine how well the company is positioned to perform in the future. Although Lion Electric investors may use each financial statement separately, they are all related. The changes in Lion Electric's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lion Electric'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. We offer a historical overview of the basic patterns found on Lion Electric Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Lion Electric. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Assets | 1.2 M | 1.2 M |
Pair Trading with Lion Electric
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 Lion Electric 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 Lion Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with Lion Stock
| 0.67 | GP | GreenPower Motor Earnings Call Tomorrow | PairCorr |
Moving against Lion Stock
| 0.51 | DE | Deere Company Fiscal Year End 27th of November 2024 | PairCorr |
| 0.51 | GENC | Gencor Industries | PairCorr |
The ability to find closely correlated positions to Lion Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lion Electric 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 Lion Electric - 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 Lion Electric Corp to buy it.
The correlation of Lion Electric 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 Lion Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lion Electric Corp 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 Lion Electric 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.Check out the analysis of Lion Electric Correlation against competitors. Note that the Lion Electric Corp information on this page should be used as a complementary analysis to other Lion Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Lion Stock analysis
When running Lion Electric's price analysis, check to measure Lion Electric'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 Lion Electric is operating at the current time. Most of Lion Electric's value examination focuses on studying past and present price action to predict the probability of Lion Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lion Electric's price. Additionally, you may evaluate how the addition of Lion Electric to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Lion Electric's industry 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 Lion Electric. If investors know Lion 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 Lion Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 1.127 | Quarterly Revenue Growth 0.014 | Return On Assets (0.07) | Return On Equity (0.29) |
The market value of Lion Electric Corp is measured differently than its book value, which is the value of Lion that is recorded on the company's balance sheet. Investors also form their own opinion of Lion Electric's value that differs from its market value or its book value, called intrinsic value, which is Lion Electric'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 Lion Electric's market value can be influenced by many factors that don't directly affect Lion Electric'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 Lion Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lion Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lion Electric'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.