EVe Mobility Current Ratio vs. Number Of Shares Shorted

EVE Stock  USD 11.24  0.06  0.53%   
Based on the key profitability measurements obtained from EVe Mobility's financial statements, EVe Mobility's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess EVe Mobility's ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.08
Current Value
1.96
Quarterly Volatility
0.5767227
 
Credit Downgrade
 
Yuan Drop
 
Covid
For EVe Mobility profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVe Mobility to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVe Mobility Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVe Mobility's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVe Mobility Acquisition over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EVe Mobility. If investors know EVe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EVe Mobility listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Earnings Share
0.25
Return On Assets
(0.01)
Return On Equity
2.171
The market value of EVe Mobility Acquisition is measured differently than its book value, which is the value of EVe that is recorded on the company's balance sheet. Investors also form their own opinion of EVe Mobility's value that differs from its market value or its book value, called intrinsic value, which is EVe Mobility'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 EVe Mobility's market value can be influenced by many factors that don't directly affect EVe Mobility'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 EVe Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if EVe Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVe Mobility'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.

EVe Mobility Acquisition Number Of Shares Shorted vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining EVe Mobility's current stock value. Our valuation model uses many indicators to compare EVe Mobility value to that of its competitors to determine the firm's financial worth.
EVe Mobility Acquisition is one of the top stocks in current ratio category among its peers. It is rated # 4 in number of shares shorted category among its peers making about  161.83  of Number Of Shares Shorted per Current Ratio. At present, EVe Mobility's Current Ratio is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value EVe Mobility by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

EVe Number Of Shares Shorted vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

EVe Mobility

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
2.62 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

EVe Mobility

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
424
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

EVe Number Of Shares Shorted Comparison

EVe Mobility is currently under evaluation in number of shares shorted category among its peers.

EVe Mobility Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in EVe Mobility, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EVe Mobility will eventually generate negative long term returns. The profitability progress is the general direction of EVe Mobility's change in net profit over the period of time. It can combine multiple indicators of EVe Mobility, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-229.5 M-241 M
Interest Income8.5 M4.4 M
Operating Income-1.4 M-1.5 M
Income Before Tax7.1 M7.4 M
Total Other Income Expense Net4.2 M4.4 M
Net Income Applicable To Common SharesM3.2 M
Net Income7.1 M7.4 M
Income Tax Expense-3.3 M-3.1 M
Net Interest Income8.5 M6.7 M
Net Income From Continuing Ops7.1 M7.4 M
Change To Netincome-3.3 M-3.1 M
Net Income Per Share 0.07  0.07 
Income Quality(0.28)(0.27)

EVe Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on EVe Mobility. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EVe Mobility position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EVe Mobility's important profitability drivers and their relationship over time.

Use EVe Mobility 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 EVe Mobility 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 EVe Mobility will appreciate offsetting losses from the drop in the long position's value.

EVe Mobility Pair Trading

EVe Mobility Acquisition Pair Trading Analysis

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

In addition to having EVe Mobility 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.

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Silver
Silver Theme
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 47 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 Silver Theme or any other thematic opportunities.
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When determining whether EVe Mobility Acquisition is a strong investment it is important to analyze EVe Mobility's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EVe Mobility's future performance. For an informed investment choice regarding EVe Stock, refer to the following important reports:
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You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
To fully project EVe Mobility's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EVe Mobility Acquisition 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 EVe Mobility's income statement, its balance sheet, and the statement of cash flows.
Potential EVe Mobility investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although EVe Mobility investors may work on each financial statement separately, they are all related. The changes in EVe Mobility's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EVe Mobility'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.