ERHC Financial Statements From 2010 to 2024
| ERHE Stock | USD 0.0001 0.00 0.00% |
Market Capitalization 1.4 M | Enterprise Value Revenue 27.6059 | Revenue 54.6 K | Earnings Share (0.04) |
Check ERHC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ERHC main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 4 M or Income Tax Expense of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Days Sales Outstanding of 0.0 or Average Payables of 294.7 K. ERHC financial statements analysis is a perfect complement when working with ERHC Energy Valuation or Volatility modules.
ERHC | Select Account or Indicator |
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ERHC Energy Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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ERHC Energy Cash Flow Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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About ERHC Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ERHC Energy income statement, its balance sheet, and the statement of cash flows. ERHC Energy investors use historical funamental indicators, such as ERHC Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although ERHC Energy investors may use each financial statement separately, they are all related. The changes in ERHC Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ERHC Energy'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 ERHC Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ERHC Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 0.00 | 0.00 | |
| Cost Of Revenue | 0.00 | 0.00 | |
| Stock Based Compensation To Revenue | 0.00 | 0.00 | |
| Sales General And Administrative To Revenue | 0.00 | 0.00 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | 0.00 | 0.00 | |
| Revenue Per Share | 0.00 | 0.00 | |
| Ebit Per Revenue | 0.00 | 0.00 |
Pair Trading with ERHC Energy
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 ERHC Energy 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 ERHC Energy will appreciate offsetting losses from the drop in the long position's value.Moving against ERHC Stock
| 0.47 | VTLE | Vital Energy Financial Report 14th of May 2024 | PairCorr |
| 0.46 | FANG | Diamondback Energy Earnings Call This Week | PairCorr |
| 0.44 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.44 | SM | SM Energy Financial Report 25th of April 2024 | PairCorr |
| 0.42 | EPSN | Epsilon Energy | PairCorr |
The ability to find closely correlated positions to ERHC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ERHC Energy 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 ERHC Energy - 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 ERHC Energy to buy it.
The correlation of ERHC Energy 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 ERHC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ERHC Energy 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 ERHC Energy 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 ERHC Energy Correlation against competitors. For information on how to trade ERHC Stock refer to our How to Trade ERHC Stock guide.Note that the ERHC Energy information on this page should be used as a complementary analysis to other ERHC Energy'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for ERHC Stock analysis
When running ERHC Energy's price analysis, check to measure ERHC Energy'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 ERHC Energy is operating at the current time. Most of ERHC Energy's value examination focuses on studying past and present price action to predict the probability of ERHC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ERHC Energy's price. Additionally, you may evaluate how the addition of ERHC Energy to your portfolios can decrease your overall portfolio volatility.
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Is ERHC Energy'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 ERHC Energy. If investors know ERHC 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 ERHC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Return On Assets (0.83) |
The market value of ERHC Energy is measured differently than its book value, which is the value of ERHC that is recorded on the company's balance sheet. Investors also form their own opinion of ERHC Energy's value that differs from its market value or its book value, called intrinsic value, which is ERHC Energy'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 ERHC Energy's market value can be influenced by many factors that don't directly affect ERHC Energy'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 ERHC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERHC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERHC Energy'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.