Network Cn Stock Fundamentals
| NWCN Stock | USD 0.06 0.94 94.00% |
Network CN fundamentals help investors to digest information that contributes to Network CN's financial success or failures. It also enables traders to predict the movement of Network Pink Sheet. The fundamental analysis module provides a way to measure Network CN'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 Network CN pink sheet.
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Network CN Company Return On Asset Analysis
Network CN'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 Network CN Return On Asset | -5.21 |
Most of Network CN'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, Network CN 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.
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Based on the latest financial disclosure, Network CN has a Return On Asset of -5.2062. This is 225.75% lower than that of the Communication Services sector and significantly lower than that of the Advertising Agencies industry. The return on asset for all United States stocks is notably higher than that of the company.
Network CN Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Network CN's current stock value. Our valuation model uses many indicators to compare Network CN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Network CN competition to find correlations between indicators driving Network CN's intrinsic value. More Info.Network CN is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Network CN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Network CN'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.Network Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Network CN's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Network CN could also be used in its relative valuation, which is a method of valuing Network CN by comparing valuation metrics of similar companies.Network CN is currently under evaluation in return on asset category among its peers.
Network Fundamentals
| Return On Asset | -5.21 | |||
| Operating Margin | (40.05) % | |||
| Current Valuation | 15.02 M | |||
| Shares Outstanding | 20.75 M | |||
| Shares Owned By Insiders | 81.80 % | |||
| Price To Earning | 0.99 X | |||
| Price To Sales | 148.59 X | |||
| Revenue | 22.53 K | |||
| EBITDA | (680.64 M) | |||
| Net Income | (1.22 M) | |||
| Cash And Equivalents | 6.39 K | |||
| Total Debt | 645 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.31) X | |||
| Cash Flow From Operations | (441.15 K) | |||
| Earnings Per Share | 0.51 X | |||
| Beta | -6.65 | |||
| Market Capitalization | 14.52 M | |||
| Total Asset | 119.66 K | |||
| Retained Earnings | (134.88 M) | |||
| Working Capital | (9.51 M) | |||
| Current Asset | 110 K | |||
| Current Liabilities | 9.62 M | |||
| Net Asset | 119.66 K |
About Network CN Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Network CN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Network CN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Network CN based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.Network CN Inc., together with its subsidiaries, provides out-of-home advertising services to corporate customers in the Peoples Republic of China. The company was formerly known as Teda Travel Group Inc. and changed its name to Network CN Inc. in August 2006. NETWORK CN is traded on PNK Exchange in the United States.
Pair Trading with Network CN
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 Network CN 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 Network CN will appreciate offsetting losses from the drop in the long position's value.Moving against Network Pink Sheet
The ability to find closely correlated positions to Network CN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Network CN 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 Network CN - 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 Network CN to buy it.
The correlation of Network CN 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 Network CN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Network CN 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 Network CN 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.Other Information on Investing in Network Pink Sheet
Network CN financial ratios help investors to determine whether Network 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 Network with respect to the benefits of owning Network CN security.