Is Tungray Technologies Stock a Good Investment?
Tungray Technologies Investment Advice | TRSG |
- Examine Tungray Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tungray Technologies' leadership team and their track record. Good management can help Tungray Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Tungray Technologies' business and its evolving consumer preferences.
- Compare Tungray Technologies' performance and market position to its competitors. Analyze how Tungray Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Tungray Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tungray Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tungray Technologies Class stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tungray Technologies Class is a good investment.
Sell | Buy |
Hold
Market Performance | Weakest | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Small | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Tungray Technologies Stock
Researching Tungray Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tungray Technologies recorded a loss per share of 0.03. The entity had not issued any dividends in recent years.
To determine if Tungray Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tungray Technologies' research are outlined below:
| Tungray Technologies generated a negative expected return over the last 90 days | |
| Tungray Technologies may become a speculative penny stock | |
| The company reported the previous year's revenue of 12.81 M. Net Loss for the year was (571.72 K) with profit before overhead, payroll, taxes, and interest of 5.6 M. | |
| Tungray Technologies generates negative cash flow from operations | |
| Tungray Technologies has a poor financial position based on the latest SEC disclosures | |
| About 83.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG - Morningstar |
Tungray Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.47 M.Market Cap |
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Tungray Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Determining Tungray Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Tungray Technologies is a good buy. For example, gross profit margin measures Tungray Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tungray Technologies' profitability and make more informed investment decisions.
Basic technical analysis of Tungray Stock
As of the 7th of August, Tungray Technologies has the Coefficient Of Variation of (3,317), risk adjusted performance of (0.02), and Variance of 7.69. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tungray Technologies, as well as the relationship between them. Please validate Tungray Technologies market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Tungray Technologies is priced more or less accurately, providing market reflects its prevalent price of 1.68 per share. Please also confirm Tungray Technologies Class jensen alpha, which is currently at (0.13) to double-check the company can sustain itself at a future point.Tungray Technologies' Outstanding Corporate Bonds
Tungray Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tungray Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tungray bonds can be classified according to their maturity, which is the date when Tungray Technologies Class has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Tungray Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tungray Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (3,317) | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.69 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 13.42 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 4.6 | |||
| Skewness | 0.5008 | |||
| Kurtosis | 3.3 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (3,317) | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.69 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 13.42 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 4.6 | |||
| Skewness | 0.5008 | |||
| Kurtosis | 3.3 |
Consider Tungray Technologies' intraday indicators
Tungray Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tungray Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tungray Technologies time-series forecasting models is one of many Tungray Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tungray Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Tungray Stock media impact
There is far too much social signal, news, headlines, and media speculation about Tungray Technologies that are available to investors today. This information is accessible both publicly - through Tungray Technologies' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Tungray-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Tungray Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tungray Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tungray Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tungray Technologies alpha.
Tungray Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tungray Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tungray Technologies Corporate Management
| Yuan Gong | Chief Officer | Profile | |
| Wee Lee | Chief Officer | Profile | |
| Lei Yao | Chief Officer | Profile | |
| Hangyu Qian | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tungray Technologies. If investors know Tungray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tungray Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.53) | Earnings Share (0.03) | Revenue Per Share | Quarterly Revenue Growth (0.18) | Return On Assets |
The market value of Tungray Technologies is measured differently than its book value, which is the value of Tungray that is recorded on the company's balance sheet. Investors also form their own opinion of Tungray Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tungray Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tungray Technologies' market value can be influenced by many factors that don't directly affect Tungray Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tungray Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tungray Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungray Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.