Wowio Financial Statements From 2010 to 2025
Wowio's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Wowio's valuation are provided below:Wowio Inc does not presently have any fundamental gauges for analysis.
This module can also supplement various Wowio Technical models . Check out the analysis of Wowio Correlation against competitors.
Check Wowio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wowio's main balance sheet or income statement drivers, such as , as well as many indicators such as . Wowio financial statements analysis is a perfect complement when working with Wowio Valuation or Volatility modules.
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Wowio Inc Company Price To Sales Analysis
Wowio's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Wowio Price To Sales | 0.70 X |
Most of Wowio's fundamental indicators, such as Price To Sales, 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, Wowio Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Wowio Inc has a Price To Sales of 0.6968 times. This is 97.4% lower than that of the Communication Services sector and significantly higher than that of the Advertising Agencies industry. The price to sales for all United States stocks is 93.9% higher than that of the company.
Wowio Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wowio's current stock value. Our valuation model uses many indicators to compare Wowio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wowio competition to find correlations between indicators driving Wowio's intrinsic value. More Info.Wowio Inc is rated first in return on asset category among its peers. It is rated first in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wowio by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wowio's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Wowio Financial Statements
Wowio investors utilize fundamental indicators, such as revenue or net income, to predict how Wowio Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
It is involved in the development of properties in the United States. The company was founded in 2005 and is based in Newport Beach, California. Wowio operates under Advertising Agencies classification in the United States and is traded on OTC Exchange. It employs 1 people.
Pair Trading with Wowio
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 Wowio 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 Wowio will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Wowio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wowio 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 Wowio - 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 Wowio Inc to buy it.
The correlation of Wowio 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 Wowio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wowio Inc 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 Wowio 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.Other Information on Investing in Wowio Pink Sheet
Wowio financial ratios help investors to determine whether Wowio Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wowio with respect to the benefits of owning Wowio security.