Theglobe Financial Statements From 2010 to 2024
| TGLODelisted Stock | USD 0.23 0.02 8.00% |
Check Theglobe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Theglobe's main balance sheet or income statement drivers, such as , as well as many indicators such as . Theglobe financial statements analysis is a perfect complement when working with Theglobe Valuation or Volatility modules.
Theglobe |
theglobe Company Return On Asset Analysis
Theglobe's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Theglobe Return On Asset | -29.15 |
Most of Theglobe's fundamental indicators, such as Return On Asset, 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, theglobe is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, theglobe has a Return On Asset of -29.153. This is much higher than that of the Internet Software & Services (discontinued effective close of September 28, 2018) sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.
theglobe Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Theglobe's current stock value. Our valuation model uses many indicators to compare Theglobe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Theglobe competition to find correlations between indicators driving Theglobe's intrinsic value. More Info.theglobe is currently regarded as top stock in return on asset category among its peers. It also is currently regarded number one company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Theglobe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Theglobe'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 Theglobe Financial Statements
Theglobe investors utilize fundamental indicators, such as revenue or net income, to predict how Theglobe 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.
Previously, it operated as an online community with registered members and users in the United States and internationally. The company was incorporated in 1995 and is based in Dallas, Texas. theglobe.com, inc. is a subsidiary of Delfin Midstream LLC. Theglobe operates under Shell Companies classification in the United States and is traded on OTC Exchange.
Pair Trading with Theglobe
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 Theglobe 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 Theglobe will appreciate offsetting losses from the drop in the long position's value.Moving against Theglobe Pink Sheet
| 0.74 | PUBGY | Publicis Groupe SA | PairCorr |
| 0.69 | NPSNY | Naspers Ltd ADR | PairCorr |
| 0.63 | STFS | Star Fashion Culture | PairCorr |
| 0.51 | BOCNW | Blue Ocean Acquisition | PairCorr |
| 0.34 | NEXN | Nexxen International Symbol Change | PairCorr |
The ability to find closely correlated positions to Theglobe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Theglobe 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 Theglobe - 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 theglobe to buy it.
The correlation of Theglobe 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 Theglobe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if theglobe 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 Theglobe 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 World Market Map 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 bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in Theglobe Pink Sheet
If you are still planning to invest in theglobe 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 Theglobe's history and understand the potential risks before investing.
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