Tingo Ownership
| TIO Stock | 0.02 0.04 72.36% |
Shares in Circulation | First Issued 2004-03-31 | Previous Quarter 527.2 M | Current Value 533 M | Avarage Shares Outstanding 39.5 M | Quarterly Volatility 106.8 M |
Tingo |
Tingo Stock Ownership Analysis
About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.02. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tingo Group had not issued any dividends in recent years. The entity had 1:2 split on the 18th of March 2013. To find out more about Tingo Group contact Gabriel David at 201 225 0190 or learn more at https://www.tingogroup.com.Besides selling stocks to institutional investors, Tingo also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Tingo's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Tingo's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Tingo Quarterly Liabilities And Stockholders Equity |
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About 27.0% of Tingo Group are currently held by insiders. Unlike Tingo's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Tingo's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Tingo's insider trades
Tingo Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tingo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tingo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tingo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Lucatz David over a year ago Exercise or conversion by Lucatz David of 250000 shares of Tingo subject to Rule 16b-3 | ||
Brown John J over a year ago Acquisition by Brown John J of 125000 shares of Tingo subject to Rule 16b-3 | ||
Priorpalmer Simon Erroll over a year ago Acquisition by Priorpalmer Simon Erroll of 96000 shares of Tingo subject to Rule 16b-3 | ||
Tingo Inc over a year ago Tingo Group, exotic insider transaction detected |
Tingo Outstanding Bonds
Tingo issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tingo Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tingo bonds can be classified according to their maturity, which is the date when Tingo Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US553283AC69 Corp BondUS553283AC69 | View | |
| US553283AD43 Corp BondUS553283AD43 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Tingo
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 Tingo 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 Tingo will appreciate offsetting losses from the drop in the long position's value.Moving against Tingo Stock
| 0.6 | KN | Knowles Cor | PairCorr |
| 0.59 | FN | Fabrinet Tech Boost | PairCorr |
| 0.49 | EBON | Ebang International | PairCorr |
| 0.46 | KE | Kimball Electronics | PairCorr |
| 0.41 | DSWL | Deswell Industries | PairCorr |
The ability to find closely correlated positions to Tingo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tingo 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 Tingo - 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 Tingo Group to buy it.
The correlation of Tingo 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 Tingo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tingo Group 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 Tingo 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tingo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Tingo. If investors know Tingo 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 Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share | Quarterly Revenue Growth 41.613 | Return On Assets | Return On Equity |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo'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 Tingo's market value can be influenced by many factors that don't directly affect Tingo'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 Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo'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.