Tego Cyber Return On Equity vs. Price To Sales

TGCB Stock  USD 0.08  0.01  15.79%   
Considering Tego Cyber's profitability and operating efficiency indicators, Tego Cyber may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Tego Cyber's ability to earn profits and add value for shareholders.
For Tego Cyber profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tego Cyber to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tego Cyber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tego Cyber's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tego Cyber over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tego Cyber's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tego Cyber is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tego Cyber'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.

Tego Cyber Price To Sales vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tego Cyber's current stock value. Our valuation model uses many indicators to compare Tego Cyber value to that of its competitors to determine the firm's financial worth.
Tego Cyber is rated second in return on equity category among its peers. It also is rated second in price to sales category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tego Cyber by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tego Cyber's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Tego Price To Sales vs. Return On Equity

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.

Tego Cyber

Return On Equity

 = 

Net Income

Total Equity

 = 
-4.29
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Tego Cyber

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3,924 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Tego Price To Sales Comparison

Tego Cyber is currently regarded as top stock in price to sales category among its peers.

Tego Cyber Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tego Cyber, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tego Cyber will eventually generate negative long term returns. The profitability progress is the general direction of Tego Cyber's change in net profit over the period of time. It can combine multiple indicators of Tego Cyber, 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.
Tego Cyber Inc. provides cyberthreat intelligence and associated services for larger business enterprises. Tego Cyber Inc. was incorporated in 2019 and is headquartered in Las Vegas, Nevada. Tego Cyber operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange.

Tego Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tego Cyber. 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 Tego Cyber 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 Tego Cyber's important profitability drivers and their relationship over time.

Use Tego Cyber 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 Tego Cyber 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 Tego Cyber will appreciate offsetting losses from the drop in the long position's value.

Tego Cyber Pair Trading

Tego Cyber Pair Trading Analysis

The ability to find closely correlated positions to Tego Cyber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tego Cyber 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 Tego Cyber - 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 Tego Cyber to buy it.
The correlation of Tego Cyber 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 Tego Cyber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tego Cyber 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 Tego Cyber 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tego Cyber position

In addition to having Tego Cyber 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 Computers Thematic Idea Now

Computers
Computers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in Tego Pink Sheet

To fully project Tego Cyber's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tego Cyber at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tego Cyber's income statement, its balance sheet, and the statement of cash flows.
Potential Tego Cyber investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Tego Cyber investors may work on each financial statement separately, they are all related. The changes in Tego Cyber's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tego Cyber's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.