El Mor Cash per Share vs. Book Value Per Share

ELMR Stock   1,028  2.00  0.19%   
Considering El Mor's profitability and operating efficiency indicators, El Mor Electric Installation may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess El Mor's ability to earn profits and add value for shareholders.
For El Mor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of El Mor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well El Mor Electric Installation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between El Mor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of El Mor Electric Installation over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between El Mor's value and its price as these two are different measures arrived at by different means. Investors typically determine if El Mor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, El Mor'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.

El-Mor Electric Inst Book Value Per Share vs. Cash per Share Fundamental Analysis

ELMR Book Value Per Share vs. Cash per Share

El Mor

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Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

El Mor

Book Value per Share

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Common Equity

Average Shares

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6.36 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

ELMR Book Value Per Share Comparison

El Mor is currently under evaluation in book value per share category among related companies.

Use El Mor in pair-trading

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 El Mor 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 El Mor will appreciate offsetting losses from the drop in the long position's value.

El Mor Pair Trading

El Mor Electric Installation Pair Trading Analysis

The ability to find closely correlated positions to El Mor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace El Mor 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 El Mor - 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 El Mor Electric Installation to buy it.
The correlation of El Mor 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 El Mor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if El-Mor Electric Inst 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 El Mor 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

Use Investing Themes to Complement your El Mor position

In addition to having El Mor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running El Mor's price analysis, check to measure El Mor'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 El Mor is operating at the current time. Most of El Mor's value examination focuses on studying past and present price action to predict the probability of El Mor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move El Mor's price. Additionally, you may evaluate how the addition of El Mor to your portfolios can decrease your overall portfolio volatility.
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To fully project El Mor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of El-Mor Electric Inst at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include El Mor's income statement, its balance sheet, and the statement of cash flows.
Potential El Mor investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although El Mor investors may work on each financial statement separately, they are all related. The changes in El Mor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on El Mor'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. Please read more on our technical analysis and fundamental analysis pages.