Ingen Technologies Book Value Per Share vs. Cash and Equivalents
Based on Ingen Technologies' profitability indicators, Ingen Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess Ingen Technologies' ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis.
For Ingen Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ingen Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ingen Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ingen Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ingen Technologies over time as well as its relative position and ranking within its peers.
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Ingen Technologies Cash and Equivalents vs. Book Value Per Share Fundamental Analysis
Ingen Cash and Equivalents vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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Use Ingen Technologies 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 Ingen Technologies 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 Ingen Technologies will appreciate offsetting losses from the drop in the long position's value.Ingen Technologies Pair Trading
Ingen Technologies Pair Trading Analysis
The ability to find closely correlated positions to Ingen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingen Technologies 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 Ingen Technologies - 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 Ingen Technologies to buy it.
The correlation of Ingen Technologies 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 Ingen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingen Technologies 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 Ingen Technologies 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.Use Investing Themes to Complement your Ingen Technologies position
In addition to having Ingen Technologies 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.Did You Try This Idea?
Run Warren Buffett Holdings Thematic Idea Now
Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 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 Warren Buffett Holdings Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Ingen Pink Sheet analysis
When running Ingen Technologies' price analysis, check to measure Ingen Technologies' 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 Ingen Technologies is operating at the current time. Most of Ingen Technologies' value examination focuses on studying past and present price action to predict the probability of Ingen Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingen Technologies' price. Additionally, you may evaluate how the addition of Ingen Technologies to your portfolios can decrease your overall portfolio volatility.
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To fully project Ingen Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ingen Technologies 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 Ingen Technologies' income statement, its balance sheet, and the statement of cash flows.