Encore Energy Corp Etf Total Debt
| EU Etf | USD 4.70 0.28 6.33% |
enCore Energy Corp fundamentals help investors to digest information that contributes to EnCore Energy's financial success or failures. It also enables traders to predict the movement of EnCore Etf. The fundamental analysis module provides a way to measure EnCore Energy'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 EnCore Energy etf.
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enCore Energy Corp ETF Total Debt Analysis
EnCore Energy's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current EnCore Energy Total Debt | 19.71 M |
Most of EnCore Energy's fundamental indicators, such as Total Debt, 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, enCore Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EnCore Total Debt Historical Pattern
Today, most investors in EnCore Energy Etf are looking for potential investment opportunities by analyzing not only static indicators but also various EnCore Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EnCore Energy total debt as a starting point in their analysis.
EnCore Energy Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Based on the latest financial disclosure, enCore Energy Corp has a Total Debt of 19.71 M. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the Energy category. The total debt for all United States etfs is notably lower than that of the firm.
EnCore Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EnCore Energy's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of EnCore Energy could also be used in its relative valuation, which is a method of valuing EnCore Energy by comparing valuation metrics of similar companies.EnCore Energy is currently under evaluation in total debt as compared to similar ETFs.
Fund Asset Allocation for EnCore Energy
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides EnCore Energy's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
EnCore Fundamentals
| Return On Equity | -0.0649 | |||
| Return On Asset | -0.059 | |||
| Profit Margin | (0.67) % | |||
| Operating Margin | (0.24) % | |||
| Current Valuation | 806.63 M | |||
| Shares Outstanding | 181.73 M | |||
| Shares Owned By Insiders | 1.93 % | |||
| Shares Owned By Institutions | 35.49 % | |||
| Number Of Shares Shorted | 4.26 M | |||
| Price To Book | 2.75 X | |||
| EBITDA | (28.09 M) | |||
| Net Income | (22.39 M) | |||
| Total Debt | 19.71 M | |||
| Book Value Per Share | 1.93 X | |||
| Cash Flow From Operations | 22.32 M | |||
| Short Ratio | 3.46 X | |||
| Earnings Per Share | (0.13) X | |||
| Beta | 1.25 | |||
| Market Capitalization | 856.89 M | |||
| Total Asset | 324.57 M | |||
| Retained Earnings | (71.25 M) | |||
| Working Capital | 19.05 M | |||
| Year To Date Return | (5.08) % | |||
| One Year Return | (5.65) % | |||
| Three Year Return | 0.29 % | |||
| Net Asset | 324.57 M | |||
| Bond Positions Weight | 100.00 % |
About EnCore Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze enCore Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnCore Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of enCore Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 EnCore 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 EnCore 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 EnCore Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with EnCore Etf
| 0.77 | CCJ | Cameco Corp | PairCorr |
| 0.83 | DNN | Denison Mines Corp | PairCorr |
| 0.76 | LEU | Centrus Energy Earnings Call This Week | PairCorr |
| 0.64 | NXE | NexGen Energy | PairCorr |
The ability to find closely correlated positions to EnCore 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 EnCore 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 EnCore 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 enCore Energy Corp to buy it.
The correlation of EnCore 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 EnCore Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if enCore Energy 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 EnCore 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 EnCore Energy Piotroski F Score and EnCore Energy Altman Z Score analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of enCore Energy Corp is measured differently than its book value, which is the value of EnCore that is recorded on the company's balance sheet. Investors also form their own opinion of EnCore Energy's value that differs from its market value or its book value, called intrinsic value, which is EnCore 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 EnCore Energy's market value can be influenced by many factors that don't directly affect EnCore 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 EnCore Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnCore Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnCore 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.