Electramecccanica Vehicles is a development-stage electric vehicle (EV) manufacturing company. Co.'s primary EV is the SOLO, a single seat vehicle. Co. has another EV candidate in early design development stage, the Tofino, an all-electric, two-seater roadster. The SOLO contains a number of standard features including: LCD Digital Instrument Cluster; Power Windows, heated seats; heater and defogger; and keyless remote entry. Co. operates in two reportable business segments in Canada: Electric Vehicles, which includes the development and manufacture of electric vehicles for mass markets; and Custom built vehicles, which includes the development and manufacture of custom-built vehicles. The SOLO average annual return since 2018 is shown above.
The Average Annual Return on the SOLO average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SOLO average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SOLO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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