Ehang Consolidated Income from 2010 to 2024
| EH Stock | USD 17.48 0.13 0.75% |
Check Ehang Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ehang main balance sheet or income statement drivers, such as Tax Provision of 195.7 K, Interest Income of 8.9 M or Discontinued Operations of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 75.38, Dividend Yield of 0.0 or PTB Ratio of 35.57. Ehang financial statements analysis is a perfect complement when working with Ehang Holdings Valuation or Volatility modules.
Ehang | Consolidated Income |
About Ehang Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ehang Holdings income statement, its balance sheet, and the statement of cash flows. Ehang Holdings investors use historical funamental indicators, such as Ehang Holdings's Consolidated Income, to determine how well the company is positioned to perform in the future. Although Ehang Holdings investors may use each financial statement separately, they are all related. The changes in Ehang Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ehang Holdings'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 Ehang Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ehang Holdings. Please read more on our technical analysis and fundamental analysis pages.
EHang Holdings Limited operates as an autonomous aerial vehicle technology platform company in the Peoples Republic of China, East Asia, Europe, and internationally. The company was incorporated in 2014 and is headquartered in Guangzhou, the Peoples Republic of China. Ehang Holdings operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 326 people.
Pair Trading with Ehang Holdings
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 Ehang Holdings 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 Ehang Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Ehang Stock
| 0.86 | CW | Curtiss Wright Earnings Call This Week | PairCorr |
| 0.79 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
Moving against Ehang Stock
| 0.92 | AZ | A2Z Smart Technologies | PairCorr |
| 0.79 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.58 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.49 | CVU | CPI Aerostructures | PairCorr |
| 0.47 | ESLT | Elbit Systems Financial Report 4th of June 2024 | PairCorr |
The ability to find closely correlated positions to Ehang Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ehang Holdings 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 Ehang Holdings - 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 Ehang Holdings to buy it.
The correlation of Ehang Holdings 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 Ehang Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ehang Holdings 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 Ehang Holdings 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 Ehang Holdings Correlation against competitors. For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.Note that the Ehang Holdings information on this page should be used as a complementary analysis to other Ehang Holdings' 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Ehang Stock analysis
When running Ehang Holdings' price analysis, check to measure Ehang Holdings' 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 Ehang Holdings is operating at the current time. Most of Ehang Holdings' value examination focuses on studying past and present price action to predict the probability of Ehang Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehang Holdings' price. Additionally, you may evaluate how the addition of Ehang Holdings to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Ehang Holdings' 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 Ehang Holdings. If investors know Ehang 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 Ehang Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 1.933 | Quarterly Revenue Growth 2.609 | Return On Assets (0.33) | Return On Equity (1.44) |
The market value of Ehang Holdings is measured differently than its book value, which is the value of Ehang that is recorded on the company's balance sheet. Investors also form their own opinion of Ehang Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ehang Holdings' 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 Ehang Holdings' market value can be influenced by many factors that don't directly affect Ehang Holdings' 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 Ehang Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehang Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehang Holdings' 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.