Exro Technologies Stock Total Asset
| EXROF Stock | USD 0.54 0.01 1.89% |
Exro Technologies fundamentals help investors to digest information that contributes to Exro Technologies' financial success or failures. It also enables traders to predict the movement of Exro OTC Stock. The fundamental analysis module provides a way to measure Exro Technologies' 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 Exro Technologies otc stock.
Exro |
Exro Technologies OTC Stock Total Asset Analysis
Exro Technologies' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Exro Technologies Total Asset | 45.99 M |
Most of Exro Technologies' fundamental indicators, such as Total Asset, 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, Exro Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Exro Technologies has a Total Asset of 45.99 M. This is 98.85% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The total asset for all United States stocks is 99.84% higher than that of the company.
Exro Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Exro Technologies' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Exro Technologies could also be used in its relative valuation, which is a method of valuing Exro Technologies by comparing valuation metrics of similar companies.Exro Technologies is currently under evaluation in total asset category among related companies.
Exro Fundamentals
| Return On Equity | -0.81 | |||
| Return On Asset | -0.46 | |||
| Operating Margin | (100.59) % | |||
| Current Valuation | 190.64 M | |||
| Shares Outstanding | 145.93 M | |||
| Shares Owned By Insiders | 3.50 % | |||
| Shares Owned By Institutions | 5.95 % | |||
| Price To Book | 6.37 X | |||
| Price To Sales | 504.77 X | |||
| EBITDA | (29.94 M) | |||
| Net Income | (24.58 M) | |||
| Cash And Equivalents | 13.6 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 47.59 K | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 3.19 X | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (20.24 M) | |||
| Earnings Per Share | (0.17) X | |||
| Number Of Employees | 76 | |||
| Beta | 2.52 | |||
| Market Capitalization | 300.61 M | |||
| Total Asset | 45.99 M | |||
| Net Asset | 45.99 M |
About Exro Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Exro Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exro Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exro Technologies based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exro Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exro Technologies' short interest history, or implied volatility extrapolated from Exro Technologies options trading.
Pair Trading with Exro Technologies
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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro OTC Stock
| 0.74 | ABLZF | ABB | PairCorr |
| 0.65 | VRT | Vertiv Holdings | PairCorr |
| 0.59 | NVT | nVent Electric PLC Earnings Call Today | PairCorr |
| 0.58 | ABB | ABB Ltd ADR | PairCorr |
| 0.56 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.
The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exro Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Exro OTC Stock analysis
When running Exro Technologies' price analysis, check to measure Exro Technologies' 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 Exro Technologies is operating at the current time. Most of Exro Technologies' value examination focuses on studying past and present price action to predict the probability of Exro Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exro Technologies' price. Additionally, you may evaluate how the addition of Exro Technologies to your portfolios can decrease your overall portfolio volatility.
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