Third Millennium Financials

TMLL Stock  USD 1.00  0.00  0.00%   
We were able to break down and interpolate twenty-four available drivers for Third Millennium Industries, which can be compared to its competition. The stock experiences a normal downward fluctuation but is a risky buy. Check odds of Third Millennium to be traded at $0.99 in 90 days.
  

Third Millennium Stock Summary

Third Millennium competes with Green Planet, Azure Holding, and Four Leaf. Tele Group Corp., a development stage Web 2.0 software company, develops Internet properties and applications primarily in the United States. Tele Group Corp was incorporated in 2007 and is headquartered in New York, New York. Tele Group operates under Shell Companies classification in the United States and is traded on OTC Exchange.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address708 Third Avenue
BenchmarkDow Jones Industrial
Phone212 209 3849
CurrencyUSD - US Dollar

Third Millennium Key Financial Ratios

There are many critical financial ratios that Third Millennium's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Third Millennium Ind reports annually and quarterly.

Third Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Third Millennium's current stock value. Our valuation model uses many indicators to compare Third Millennium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Third Millennium competition to find correlations between indicators driving Third Millennium's intrinsic value. More Info.
Third Millennium Industries is rated fourth in return on asset category among its peers. It is rated second in current valuation category among its peers . 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 Third Millennium's earnings, one of the primary drivers of an investment's value.

Third Millennium Ind Systematic Risk

Third Millennium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Third Millennium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Third Millennium Ind correlated with the market. If Beta is less than 0 Third Millennium generally moves in the opposite direction as compared to the market. If Third Millennium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Third Millennium Ind is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Third Millennium is generally in the same direction as the market. If Beta > 1 Third Millennium moves generally in the same direction as, but more than the movement of the benchmark.

Other Information on Investing in Third Pink Sheet

Third Millennium financial ratios help investors to determine whether Third Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Third with respect to the benefits of owning Third Millennium security.