Taoping Financial Statements From 2010 to 2026
| TAOP Stock | USD 1.34 0.03 2.29% |
Check Taoping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taoping's main balance sheet or income statement drivers, such as , as well as many indicators such as . Taoping financial statements analysis is a perfect complement when working with Taoping Valuation or Volatility modules.
Check out the analysis of Taoping Correlation against competitors. Taoping Company Return On Equity Analysis
Taoping's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Taoping Return On Equity | -0.47 |
Most of Taoping's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taoping is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Taoping has a Return On Equity of -0.4676. This is 96.11% lower than that of the IT Services sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 50.84% higher than that of the company.
Taoping Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taoping's current stock value. Our valuation model uses many indicators to compare Taoping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taoping competition to find correlations between indicators driving Taoping's intrinsic value. More Info.Taoping is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Taoping 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.About Taoping Financial Statements
Taoping shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Taoping investors may analyze each financial statement separately, they are all interrelated. The changes in Taoping's assets and liabilities, for example, are also reflected in the revenues and expenses on on Taoping's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things industries in the Peoples Republic of China. Taoping Inc. was founded in 1993 and is headquartered in Causeway Bay, Hong Kong. Taoping operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.
Pair Trading with Taoping
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 Taoping 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 Taoping will appreciate offsetting losses from the drop in the long position's value.Moving together with Taoping Stock
| 0.74 | CD | Chaince Digital Holdings Symbol Change | PairCorr |
Moving against Taoping Stock
| 0.65 | GIB | CGI Inc | PairCorr |
| 0.63 | WIT | Wipro Limited ADR Earnings Call This Week | PairCorr |
| 0.54 | ACN | Accenture plc | PairCorr |
| 0.51 | DXC | DXC Technology | PairCorr |
| 0.49 | INFY | Infosys Ltd ADR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Taoping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taoping 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 Taoping - 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 Taoping to buy it.
The correlation of Taoping 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 Taoping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taoping 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 Taoping 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.Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.