MicroCloud Historical Financial Ratios
| HOLO Stock | USD 2.07 0.01 0.49% |
MicroCloud Hologram is lately reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 8.12 or Days Sales Outstanding of 16.77 will help investors to properly organize and evaluate MicroCloud Hologram financial condition quickly.
MicroCloud |
About MicroCloud Financial Ratios Analysis
MicroCloud HologramFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MicroCloud Hologram investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MicroCloud financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MicroCloud Hologram history.
MicroCloud Hologram Financial Ratios Chart
Add Fundamental
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to MicroCloud Hologram. There are two different methods for calculating MicroCloud Hologram invested capital: operating approach and financing approach. Understanding MicroCloud Hologram invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Return On Tangible Assets
A profitability metric that measures a company's ability to generate earnings from its tangible assets.Most ratios from MicroCloud Hologram's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into MicroCloud Hologram current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. 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. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.At this time, MicroCloud Hologram's Payables Turnover is very stable compared to the past year. As of the 30th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.34, while Price To Sales Ratio is likely to drop 5.10.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.36 | 0.64 | 98.37 | 103.29 | Days Of Inventory On Hand | 6.77 | 6.61 | 3.88 | 3.68 |
MicroCloud Hologram fundamentals Correlations
Click cells to compare fundamentals
MicroCloud Hologram Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with MicroCloud Hologram
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 MicroCloud Hologram 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 MicroCloud Hologram will appreciate offsetting losses from the drop in the long position's value.Moving together with MicroCloud Stock
Moving against MicroCloud Stock
| 0.83 | IONQ | IONQ Inc Upward Rally | PairCorr |
| 0.82 | EHGO | Eshallgo Class A | PairCorr |
| 0.79 | IDCC | InterDigital | PairCorr |
| 0.78 | GLW | Corning Incorporated | PairCorr |
| 0.77 | FLEX | Flex | PairCorr |
The ability to find closely correlated positions to MicroCloud Hologram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroCloud Hologram 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 MicroCloud Hologram - 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 MicroCloud Hologram to buy it.
The correlation of MicroCloud Hologram 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 MicroCloud Hologram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroCloud Hologram 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 MicroCloud Hologram 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. 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. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MicroCloud Hologram. If investors know MicroCloud will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MicroCloud Hologram listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.299 | Earnings Share (23.81) | Revenue Per Share 297.866 | Quarterly Revenue Growth 0.282 | Return On Assets (0.22) |
The market value of MicroCloud Hologram is measured differently than its book value, which is the value of MicroCloud that is recorded on the company's balance sheet. Investors also form their own opinion of MicroCloud Hologram's value that differs from its market value or its book value, called intrinsic value, which is MicroCloud Hologram's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroCloud Hologram's market value can be influenced by many factors that don't directly affect MicroCloud Hologram's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroCloud Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroCloud Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroCloud Hologram's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.