Elevate Financial Statements From 2010 to 2024
ELVTDelisted Stock | USD 1.87 0.01 0.54% |
Check Elevate Credit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevate main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Elevate financial statements analysis is a perfect complement when working with Elevate Credit Valuation or Volatility modules.
Elevate |
Elevate Revenue Analysis
Elevate Credit's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Elevate Credit Revenue | 416.64 M |
Most of Elevate Credit's fundamental indicators, such as Revenue, 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, Elevate Credit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
CompetitionBased on the latest financial disclosure, Elevate Credit reported 416.64 M of revenue. This is 96.28% lower than that of the Consumer Finance sector and 92.63% lower than that of the Financials industry. The revenue for all United States stocks is 95.58% higher than that of the company.
Elevate Credit Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elevate Credit's current stock value. Our valuation model uses many indicators to compare Elevate Credit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elevate Credit competition to find correlations between indicators driving Elevate Credit's intrinsic value. More Info.Elevate Credit is one of the top stocks in beta category among related companies. It is rated # 4 in market capitalization category among related companies creating about 28,487,620 of Market Capitalization per Beta. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elevate Credit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elevate Credit's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elevate Credit's earnings, one of the primary drivers of an investment's value.About Elevate Credit Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Elevate Credit income statement, its balance sheet, and the statement of cash flows. Elevate Credit investors use historical funamental indicators, such as Elevate Credit's revenue or net income, to determine how well the company is positioned to perform in the future. Although Elevate Credit investors may use each financial statement separately, they are all related. The changes in Elevate Credit's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elevate Credit'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 Elevate Credit Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Elevate Credit. Please read more on our technical analysis and fundamental analysis pages.
Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States. Elevate Credit, Inc. was incorporated in 2014 and is headquartered in Fort Worth, Texas. Elevate Credit operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 436 people.
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 Elevate Credit 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, Elevate Credit's short interest history, or implied volatility extrapolated from Elevate Credit options trading.
Pair Trading with Elevate Credit
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 Elevate Credit 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 Elevate Credit will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Elevate Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elevate Credit 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 Elevate Credit - 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 Elevate Credit to buy it.
The correlation of Elevate Credit 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 Elevate Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elevate Credit 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 Elevate Credit 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Elevate Stock
If you are still planning to invest in Elevate Credit 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 Elevate Credit's history and understand the potential risks before investing.
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