Bassline Productions Stock Price To Sales
| BSSP Stock | USD 0.0001 0.00 0.00% |
Bassline Productions' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Bassline Pink Sheet price.
Bassline |
Bassline Productions Company Price To Sales Analysis
Bassline Productions' 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 Bassline Productions Price To Sales | 8,335 X |
Most of Bassline Productions' 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, Bassline Productions 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.
| Competition |
Based on the latest financial disclosure, Bassline Productions has a Price To Sales of 8.34 K times. This is much higher than that of the Healthcare sector and notably higher than that of the Biotechnology industry. The price to sales for all United States stocks is notably lower than that of the firm.
Bassline Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bassline Productions' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Bassline Productions could also be used in its relative valuation, which is a method of valuing Bassline Productions by comparing valuation metrics of similar companies.Bassline Productions is currently under evaluation in price to sales category among its peers.
Bassline Fundamentals
| Current Valuation | 413.74 K | |||
| Shares Outstanding | 371.89 M | |||
| Shares Owned By Institutions | 0.40 % | |||
| Price To Sales | 8,335 X | |||
| Net Income | (441.37 K) | |||
| Cash And Equivalents | 1 K | |||
| Total Debt | 93.71 K | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (180.14 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | -86.64 | |||
| Market Capitalization | 371 | |||
| Total Asset | 57.09 K | |||
| Retained Earnings | (1.51 M) | |||
| Working Capital | (699 K) | |||
| Current Liabilities | 699 K | |||
| Z Score | -50.8 | |||
| Net Asset | 57.09 K |
About Bassline Productions Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bassline Productions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bassline Productions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bassline Productions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bassline Productions
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 Bassline Productions 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 Bassline Productions will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bassline Productions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bassline Productions 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 Bassline Productions - 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 Bassline Productions to buy it.
The correlation of Bassline Productions 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 Bassline Productions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bassline Productions 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 Bassline Productions 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 Bassline Pink Sheet Analysis
When running Bassline Productions' price analysis, check to measure Bassline Productions' 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 Bassline Productions is operating at the current time. Most of Bassline Productions' value examination focuses on studying past and present price action to predict the probability of Bassline Productions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassline Productions' price. Additionally, you may evaluate how the addition of Bassline Productions to your portfolios can decrease your overall portfolio volatility.