Third Millennium Industries Stock Buy Hold or Sell Recommendation
| TMLL Stock | USD 1.00 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Third Millennium Industries is 'Hold'. The recommendation algorithm takes into account all of Third Millennium's available fundamental, technical, and predictive indicators you will find on this site.
Check out Third Millennium Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Third and provide practical buy, sell, or hold advice based on investors' constraints. Third Millennium Industries. 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.
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Execute Third Millennium Buy or Sell Advice
The Third recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Third Millennium Industries. Macroaxis does not own or have any residual interests in Third Millennium Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Third Millennium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Third Millennium Trading Alerts and Improvement Suggestions
| Third Millennium Ind generated a negative expected return over the last 90 days | |
| Third Millennium Ind has some characteristics of a very speculative penny stock | |
| Third Millennium Ind has a very high chance of going through financial distress in the upcoming years | |
| Third Millennium Industries currently holds 964.5 K in liabilities. Third Millennium Ind has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Third Millennium until it has trouble settling it off, either with new capital or with free cash flow. So, Third Millennium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Third Millennium Ind sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Third to invest in growth at high rates of return. When we think about Third Millennium's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 15.82 K. Net Loss for the year was (8.47 M) with profit before overhead, payroll, taxes, and interest of 15.82 K. | |
| Third Millennium Industries currently holds about 92.63 K in cash with (628.14 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Third Millennium Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Third Millennium or Third sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Third Millennium's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Third pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Third Millennium Volatility Alert
At this time Third Millennium Industries exhibits very low volatility. Third Millennium Industries is a potential penny stock. Although Third Millennium may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Third Millennium Industries. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Third instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Third Millennium Fundamentals Vs Peers
Comparing Third Millennium's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Third Millennium's direct or indirect competition across all of the common fundamentals between Third Millennium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Third Millennium or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Third Millennium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Third Millennium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Third Millennium to competition |
| Fundamentals | Third Millennium | Peer Average |
| Return On Asset | -493.54 | -0.14 |
| Current Valuation | 8.12 M | 16.62 B |
| Shares Outstanding | 400.44 K | 571.82 M |
| Price To Sales | 44.55 X | 11.42 X |
| Revenue | 15.82 K | 9.43 B |
| Gross Profit | 15.82 K | 27.38 B |
| EBITDA | (919.81 K) | 3.9 B |
| Net Income | (8.47 M) | 570.98 M |
| Cash And Equivalents | 92.63 K | 2.7 B |
| Cash Per Share | 7.73 X | 5.01 X |
| Total Debt | 964.5 K | 5.32 B |
| Current Ratio | 0.05 X | 2.16 X |
| Book Value Per Share | (845.13) X | 1.93 K |
| Cash Flow From Operations | (628.14 K) | 971.22 M |
| Earnings Per Share | (706.78) X | 3.12 X |
| Number Of Employees | 50 | 18.84 K |
| Beta | 73.81 | -0.15 |
| Market Capitalization | 704.77 K | 19.03 B |
| Total Asset | 5.81 M | 29.47 B |
| Retained Earnings | (1.43 M) | 9.33 B |
| Working Capital | (320 K) | 1.48 B |
| Current Asset | 5 M | 9.34 B |
| Current Liabilities | 5.32 M | 7.9 B |
Third Millennium Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Third . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Third Millennium Buy or Sell Advice
When is the right time to buy or sell Third Millennium Industries? Buying financial instruments such as Third Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Third Millennium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies making data storages or providing data storage services. The Data Storage theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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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.