Electrovaya Inc. Common Shares (ELVA)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Electrovaya Inc. Common Shares (ELVA) is up 42.8% since the beginning of the year. At $11 per share, ELVA is trading 11.7% below its 52-week high of $13. Investors who bought $1,000 worth of ELVA shares 5 years ago would now be looking at an investment worth $1,928.

Electrovaya Inc. Common Shares (ELVA) has returned 42.78% so far this year and 237.27% over the past 12 months. Over the last ten years, ELVA has returned 4.45% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 8, 2016, ELVA's average daily return is +0.21%, while the average monthly return is +3.86%. At this rate, an investment would double in approximately 1.5 years.

Historically, 44% of months were positive and 56% were negative. The best month was Jun 2016 with a return of +163.4%, while the worst month was Jan 2018 at -40.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 10 months.

On a daily basis, ELVA closed higher 42% of trading days. The best single day was May 26, 2016 with a return of +46.5%, while the worst single day was Jan 26, 2018 at -28.3%.

Electrovaya Inc. Common Shares has an annualized alpha of 53.63%, beta of 0.65, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 12, 2016.

• This stock captured 115.29% of S&P 500 Index gains and 107.54% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• Beta of 0.65 may look defensive, but with R2 of 0.02 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.02 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ELVA ranks 91 for risk / return — in the top 91% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Electrovaya Inc. Common Shares (ELVA) and compare them to S&P 500 Index.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Electrovaya Inc. Common Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Electrovaya Inc. Common Shares was 96.90%, occurring on Dec 26, 2018. The portfolio has not yet recovered.

The current Electrovaya Inc. Common Shares drawdown is 29.96%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Electrovaya Inc. Common Shares over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Electrovaya Inc. Common Shares is priced in the market compared to other companies in the Electrical Equipment & Parts industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.