Logicquest Technology Stock Price To Earning
| LOGQDelisted Stock | USD 0.49 0.00 0.00% |
Logicquest Technology's 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 Logicquest Pink Sheet price.
Logicquest |
Logicquest Technology Company Price To Earning Analysis
Logicquest Technology's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Logicquest Technology Price To Earning | (0.93) X |
Most of Logicquest Technology's fundamental indicators, such as Price To Earning, 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, Logicquest Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, Logicquest Technology has a Price To Earning of -0.93 times. This is 105.09% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The price to earning for all United States stocks is 103.24% higher than that of the company.
Logicquest Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Logicquest Technology's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Logicquest Technology could also be used in its relative valuation, which is a method of valuing Logicquest Technology by comparing valuation metrics of similar companies.Logicquest Technology is currently under evaluation in price to earning category among its peers.
Logicquest Fundamentals
| Return On Asset | -45.38 | |||
| Current Valuation | 278.54 K | |||
| Shares Outstanding | 2.3 M | |||
| Shares Owned By Insiders | 57.83 % | |||
| Price To Earning | (0.93) X | |||
| Price To Sales | 115,092 X | |||
| EBITDA | (82.4 K) | |||
| Net Income | (403.04 K) | |||
| Total Debt | 1.34 M | |||
| Book Value Per Share | (0.01) X | |||
| Earnings Per Share | (0.18) X | |||
| Beta | 1.46 | |||
| Market Capitalization | 370.62 K | |||
| Total Asset | 1.49 K | |||
| Retained Earnings | (26.56 M) | |||
| Working Capital | (4.09 M) | |||
| Current Asset | 8 K | |||
| Current Liabilities | 4.1 M | |||
| Net Asset | 1.49 K |
About Logicquest Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Logicquest Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Logicquest Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Logicquest Technology 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 Logicquest Technology
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 Logicquest Technology 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 Logicquest Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Logicquest Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logicquest Technology 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 Logicquest Technology - 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 Logicquest Technology to buy it.
The correlation of Logicquest Technology 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 Logicquest Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logicquest Technology 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 Logicquest Technology 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Logicquest Pink Sheet
If you are still planning to invest in Logicquest Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Logicquest Technology's history and understand the potential risks before investing.
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