Wanderport Corp Stock Return On Asset
| WDRP Stock | USD 0.0008 0.0001 11.11% |
Wanderport Corp fundamentals help investors to digest information that contributes to Wanderport Corp's financial success or failures. It also enables traders to predict the movement of Wanderport Pink Sheet. The fundamental analysis module provides a way to measure Wanderport Corp'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 Wanderport Corp pink sheet.
Wanderport |
Wanderport Corp Company Return On Asset Analysis
Wanderport Corp'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 Wanderport Corp Return On Asset | -0.65 |
Most of Wanderport Corp'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, Wanderport Corp 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.
| Competition |
Based on the latest financial disclosure, Wanderport Corp has a Return On Asset of -0.6501. This is 2267.0% lower than that of the Household Durables sector and 113.49% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is notably higher than that of the company.
Wanderport Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wanderport Corp'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 Wanderport Corp could also be used in its relative valuation, which is a method of valuing Wanderport Corp by comparing valuation metrics of similar companies.Wanderport Corp is currently under evaluation in return on asset category among its peers.
Wanderport Fundamentals
| Return On Asset | -0.65 | |||
| Current Valuation | 20.67 K | |||
| Price To Sales | 0.0003 X | |||
| Revenue | 102.91 K | |||
| Net Income | (2.84 K) | |||
| Cash And Equivalents | 6.87 K | |||
| Total Debt | 35 K | |||
| Current Ratio | 0.29 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (7.65 K) | |||
| Beta | -2.43 | |||
| Market Capitalization | 35.51 K | |||
| Total Asset | 2 M | |||
| Retained Earnings | (5.24 M) | |||
| Working Capital | (512 K) | |||
| Current Asset | 27 K | |||
| Current Liabilities | 539 K | |||
| Z Score | -2.2 | |||
| Net Asset | 2 M |
About Wanderport Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wanderport Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wanderport Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wanderport Corp 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.
Pair Trading with Wanderport Corp
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 Wanderport Corp 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 Wanderport Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Wanderport Pink Sheet
| 0.53 | PTAIF | PT Astra International | PairCorr |
| 0.51 | SSNLF | Samsung Electronics | PairCorr |
| 0.49 | HD | Home Depot Sell-off Trend | PairCorr |
| 0.48 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.4 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Wanderport Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wanderport Corp 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 Wanderport Corp - 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 Wanderport Corp to buy it.
The correlation of Wanderport Corp 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 Wanderport Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wanderport Corp 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 Wanderport Corp 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.Additional Tools for Wanderport Pink Sheet Analysis
When running Wanderport Corp's price analysis, check to measure Wanderport Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wanderport Corp is operating at the current time. Most of Wanderport Corp's value examination focuses on studying past and present price action to predict the probability of Wanderport Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanderport Corp's price. Additionally, you may evaluate how the addition of Wanderport Corp to your portfolios can decrease your overall portfolio volatility.