Elmo Software Limited Stock Gross Profit

ELMFFDelisted Stock  USD 3.35  0.00  0.00%   
Elmo Software Limited fundamentals help investors to digest information that contributes to Elmo Software's financial success or failures. It also enables traders to predict the movement of Elmo Pink Sheet. The fundamental analysis module provides a way to measure Elmo Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elmo Software pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elmo Software Limited Company Gross Profit Analysis

Elmo Software's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Elmo Software Gross Profit

    
  73.56 M  
Most of Elmo Software's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elmo Software Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Elmo Software Limited reported 73.56 M of gross profit. This is 99.93% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The gross profit for all United States stocks is 99.73% higher than that of the company.

Elmo Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elmo Software's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elmo Software could also be used in its relative valuation, which is a method of valuing Elmo Software by comparing valuation metrics of similar companies.
Elmo Software is currently under evaluation in gross profit category among related companies.

Elmo Fundamentals

About Elmo Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elmo Software Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elmo Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elmo Software Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Elmo Software

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 Elmo Software 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 Elmo Software will appreciate offsetting losses from the drop in the long position's value.

Moving together with Elmo Pink Sheet

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  0.69UBER Uber Technologies Financial Report 7th of May 2024 PairCorr

Moving against Elmo Pink Sheet

  0.83URYL United Royale HoldingsPairCorr
  0.71AAGH America Great HealthPairCorr
  0.69DASTY Dassault Systemes Earnings Call This WeekPairCorr
  0.55SHOP Shopify Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Elmo Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elmo Software 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 Elmo Software - 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 Elmo Software Limited to buy it.
The correlation of Elmo Software 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 Elmo Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elmo Software Limited 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 Elmo Software 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
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Elmo Software Limited information on this page should be used as a complementary analysis to other Elmo Software'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Consideration for investing in Elmo Pink Sheet

If you are still planning to invest in Elmo Software Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elmo Software's history and understand the potential risks before investing.
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