Creek Road Miners Stock Return On Asset
| CRKRDelisted Stock | USD 0.23 0.03 15.00% |
Creek Road Miners fundamentals help investors to digest information that contributes to Creek Road's financial success or failures. It also enables traders to predict the movement of Creek OTC Stock. The fundamental analysis module provides a way to measure Creek Road's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Creek Road otc stock.
Creek |
Creek Road Miners OTC Stock Return On Asset Analysis
Creek Road'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 Creek Road Return On Asset | -1.26 |
Most of Creek Road'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, Creek Road Miners 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, Creek Road Miners has a Return On Asset of -1.2551. This is 167.04% higher than that of the Financial Services sector and 92.84% lower than that of the Capital Markets industry. The return on asset for all United States stocks is notably higher than that of the company.
Creek Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Creek Road's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Creek Road could also be used in its relative valuation, which is a method of valuing Creek Road by comparing valuation metrics of similar companies.Creek Road is currently under evaluation in return on asset category among its peers.
Creek Fundamentals
| Return On Asset | -1.26 | |||
| Operating Margin | (13.76) % | |||
| Current Valuation | 7.44 M | |||
| Shares Outstanding | 12.28 M | |||
| Shares Owned By Insiders | 19.95 % | |||
| Shares Owned By Institutions | 21.62 % | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 807.58 K | |||
| Gross Profit | 206.3 K | |||
| EBITDA | (17.79 M) | |||
| Net Income | (17.27 M) | |||
| Cash And Equivalents | 816.15 K | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 2.86 M | |||
| Debt To Equity | 2.37 % | |||
| Current Ratio | 0.70 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (6.97 M) | |||
| Earnings Per Share | (2.94) X | |||
| Beta | 1.07 | |||
| Market Capitalization | 834.77 K | |||
| Total Asset | 13.2 M | |||
| Z Score | -3.3 | |||
| Net Asset | 13.2 M |
About Creek Road Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Creek Road Miners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Creek Road using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Creek Road Miners based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Creek Road
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 Creek Road 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 Creek Road will appreciate offsetting losses from the drop in the long position's value.Moving together with Creek OTC Stock
| 0.74 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.81 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.84 | SCHW | Charles Schwab Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Creek OTC Stock
| 0.89 | SWZNF | Schweizerische Nationalbank | PairCorr |
| 0.84 | PKX | POSCO Holdings | PairCorr |
| 0.73 | HYMTF | Hyundai Motor Downward Rally | PairCorr |
| 0.66 | MS-PK | Morgan Stanley | PairCorr |
| 0.49 | IQ | iQIYI Inc | PairCorr |
The ability to find closely correlated positions to Creek Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creek Road 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 Creek Road - 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 Creek Road Miners to buy it.
The correlation of Creek Road 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 Creek Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Creek Road Miners 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 Creek Road 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Creek OTC Stock
If you are still planning to invest in Creek Road Miners 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 Creek Road's history and understand the potential risks before investing.
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