11B Financial Statements From 2010 to 2024
| 11B Stock | 247.50 5.50 2.17% |
Check 11 Bit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 11 Bit's main balance sheet or income statement drivers, such as , as well as many indicators such as . 11B financial statements analysis is a perfect complement when working with 11 Bit Valuation or Volatility modules.
11B |
11 bit studios Company Current Valuation Analysis
11 Bit's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current 11 Bit Current Valuation | 1.22 B |
Most of 11 Bit's fundamental indicators, such as Current Valuation, 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, 11 bit studios is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, 11 bit studios has a Current Valuation of 1.22 B. This is much higher than that of the sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The current valuation for all Poland stocks is notably lower than that of the firm.
11 bit studios Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 11 Bit's current stock value. Our valuation model uses many indicators to compare 11 Bit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 11 Bit competition to find correlations between indicators driving 11 Bit's intrinsic value. More Info.11 bit studios is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for 11 bit studios is roughly 2.01 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 11 Bit's earnings, one of the primary drivers of an investment's value.About 11 Bit Financial Statements
11 Bit 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 11 Bit investors may analyze each financial statement separately, they are all interrelated. The changes in 11 Bit's assets and liabilities, for example, are also reflected in the revenues and expenses on on 11 Bit's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with 11 Bit
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 11 Bit 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 11 Bit will appreciate offsetting losses from the drop in the long position's value.Moving together with 11B Stock
Moving against 11B Stock
| 0.78 | NTS | Notoria | PairCorr |
| 0.73 | CFS | Centrum Finansowe Banku | PairCorr |
| 0.6 | VVD | Vivid Games SA | PairCorr |
| 0.57 | 4MS | 4Mass SA | PairCorr |
The ability to find closely correlated positions to 11 Bit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 11 Bit 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 11 Bit - 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 11 bit studios to buy it.
The correlation of 11 Bit 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 11 Bit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 11 bit studios 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 11 Bit 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 11B Stock Analysis
When running 11 Bit's price analysis, check to measure 11 Bit'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 11 Bit is operating at the current time. Most of 11 Bit's value examination focuses on studying past and present price action to predict the probability of 11 Bit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 11 Bit's price. Additionally, you may evaluate how the addition of 11 Bit to your portfolios can decrease your overall portfolio volatility.