Ecd Automotive Design Stock Shares Outstanding
| ECDA Stock | 1.12 0.03 2.61% |
ECD Automotive Design fundamentals help investors to digest information that contributes to ECD Automotive's financial success or failures. It also enables traders to predict the movement of ECD Stock. The fundamental analysis module provides a way to measure ECD Automotive'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 ECD Automotive stock.
As of April 28, 2024, Common Stock Shares Outstanding is expected to decline to about 25.5 M. ECD |
ECD Automotive Design Company Shares Outstanding Analysis
ECD Automotive's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
ECD Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for ECD Automotive is extremely important. It helps to project a fair market value of ECD Stock properly, considering its historical fundamentals such as Shares Outstanding. Since ECD Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ECD Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ECD Automotive's interrelated accounts and indicators.
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ECD Shares Outstanding Historical Pattern
Today, most investors in ECD Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ECD Automotive'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 shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ECD Automotive shares outstanding as a starting point in their analysis.
ECD Automotive Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Based on the latest financial disclosure, ECD Automotive Design has 0.0 of shares currently outstending. This is 100.0% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The shares outstanding for all United States stocks is 100.0% higher than that of the company.
ECD Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ECD Automotive's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ECD Automotive could also be used in its relative valuation, which is a method of valuing ECD Automotive by comparing valuation metrics of similar companies.ECD Automotive is currently under evaluation in shares outstanding category among related companies.
ECD Fundamentals
| Revenue | 14.99 M | |||
| EBITDA | (196.98 K) | |||
| Net Income | 160.73 K | |||
| Total Debt | 4.99 M | |||
| Cash Flow From Operations | 1.49 M | |||
| Total Asset | 12.44 M | |||
| Retained Earnings | (3.01 M) | |||
| Working Capital | (3.36 M) | |||
| Net Asset | 12.44 M |
About ECD Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ECD Automotive Design's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ECD Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ECD Automotive Design based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 ECD Automotive 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, ECD Automotive's short interest history, or implied volatility extrapolated from ECD Automotive options trading.
Pair Trading with ECD Automotive
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 ECD Automotive 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 ECD Automotive will appreciate offsetting losses from the drop in the long position's value.Moving against ECD Stock
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The ability to find closely correlated positions to ECD Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECD Automotive 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 ECD Automotive - 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 ECD Automotive Design to buy it.
The correlation of ECD Automotive 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 ECD Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECD Automotive Design 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 ECD Automotive 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 ECD Automotive Piotroski F Score and ECD Automotive Altman Z Score analysis. Note that the ECD Automotive Design information on this page should be used as a complementary analysis to other ECD Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for ECD Stock analysis
When running ECD Automotive's price analysis, check to measure ECD Automotive'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 ECD Automotive is operating at the current time. Most of ECD Automotive's value examination focuses on studying past and present price action to predict the probability of ECD Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECD Automotive's price. Additionally, you may evaluate how the addition of ECD Automotive to your portfolios can decrease your overall portfolio volatility.
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Is ECD Automotive's industry 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 ECD Automotive. If investors know ECD 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 ECD Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ECD Automotive Design is measured differently than its book value, which is the value of ECD that is recorded on the company's balance sheet. Investors also form their own opinion of ECD Automotive's value that differs from its market value or its book value, called intrinsic value, which is ECD Automotive'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 ECD Automotive's market value can be influenced by many factors that don't directly affect ECD Automotive'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 ECD Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECD Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECD Automotive'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.