Looking Glass Current Valuation vs. Return On Equity
| LGSLFDelisted Stock | USD 0.02 0.00 0.00% |
For Looking Glass profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Looking Glass to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Looking Glass Labs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Looking Glass's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Looking Glass Labs over time as well as its relative position and ranking within its peers.
Looking |
Looking Glass Labs Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Looking Glass's current stock value. Our valuation model uses many indicators to compare Looking Glass value to that of its competitors to determine the firm's financial worth. Looking Glass Labs is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in return on equity category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Looking Glass' earnings, one of the primary drivers of an investment's value.Looking Current Valuation vs. Competition
Looking Glass Labs is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software—Infrastructure industry is now estimated at about 9.64 Billion. Looking Glass adds roughly 33.89 Million in current valuation claiming only tiny portion of equities listed under Software—Infrastructure industry.
Looking Return On Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Looking Glass |
| = | 33.89 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Looking Glass |
| = | -6.34 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Looking Return On Equity Comparison
Looking Glass is currently under evaluation in return on equity category among its peers.
Looking Glass Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Looking Glass, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Looking Glass will eventually generate negative long term returns. The profitability progress is the general direction of Looking Glass' change in net profit over the period of time. It can combine multiple indicators of Looking Glass, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Looking Glass Labs Ltd., a digital platform, engages in the design, development, and sale of non-fungible tokens in Canada and internationally. Looking Glass Labs Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. Looking Glass is traded on OTC Exchange in the United States.
Looking Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Looking Glass. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Looking Glass position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Looking Glass' important profitability drivers and their relationship over time.
Use Looking Glass in pair-trading
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 Looking Glass 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 Looking Glass will appreciate offsetting losses from the drop in the long position's value.Looking Glass Pair Trading
Looking Glass Labs Pair Trading Analysis
The ability to find closely correlated positions to Looking Glass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Looking Glass 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 Looking Glass - 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 Looking Glass Labs to buy it.
The correlation of Looking Glass 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 Looking Glass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Looking Glass Labs 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 Looking Glass 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.Use Investing Themes to Complement your Looking Glass position
In addition to having Looking Glass in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Dividend Yield ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis to better understand how to build diversified portfolios. 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. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Looking Pink Sheet
If you are still planning to invest in Looking Glass Labs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Looking Glass' history and understand the potential risks before investing.
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