Optoelectronic Components Market Analysis Report 2023-2030 102 Pages Report - Benzinga
MPAD Stock | USD 19.81 0.01 0.05% |
About 53% of Micropac Industries' investor base is interested to short. The analysis of overall sentiment of trading Micropac Industries pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Micropac Industries' historical and current headlines, can help investors time the market. In addition, many technical investors use Micropac Industries stock news signals to limit their universe of possible portfolio assets.
Micropac Industries pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Micropac daily returns and investor perception about the current price of Micropac Industries as well as its diversification or hedging effects on your existing portfolios.
Micropac |
Optoelectronic Components Market Analysis Report 2023-2030 102 Pages Report Benzinga
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Micropac Industries Fundamental Analysis
We analyze Micropac Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Micropac Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Micropac Industries 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.
Z Score
Z Score Comparative Analysis
Micropac Industries is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Micropac Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Micropac Industries pink sheet to make a market-neutral strategy. Peer analysis of Micropac Industries could also be used in its relative valuation, which is a method of valuing Micropac Industries by comparing valuation metrics with similar companies.
Peers
Micropac Industries Related Equities
IEHC | Ieh Corp | 11.11 | ||||
LGL | LGL | 5.52 | ||||
DAKT | Daktronics | 3.83 | ||||
MPTI | M Tron | 0.75 | ||||
DSWL | Deswell Industries | 2.94 | ||||
SGMA | SigmaTron International | 3.93 |
Complementary Tools for Micropac Pink Sheet analysis
When running Micropac Industries' price analysis, check to measure Micropac Industries' 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 Micropac Industries is operating at the current time. Most of Micropac Industries' value examination focuses on studying past and present price action to predict the probability of Micropac Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micropac Industries' price. Additionally, you may evaluate how the addition of Micropac Industries to your portfolios can decrease your overall portfolio volatility.
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