Tecogen Return On Equity vs. Number Of Shares Shorted
| TGENDelisted Stock | USD 1.07 0.05 4.46% |
For Tecogen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tecogen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tecogen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tecogen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tecogen over time as well as its relative position and ranking within its peers.
Tecogen |
Tecogen Number Of Shares Shorted vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tecogen's current stock value. Our valuation model uses many indicators to compare Tecogen value to that of its competitors to determine the firm's financial worth. Tecogen is rated second in return on equity category among its peers. It is rated fourth in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tecogen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tecogen's OTC Stock. 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.Tecogen Number Of Shares Shorted 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.
Tecogen |
| = | -0.0436 |
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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Tecogen |
| = | 18.11 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Tecogen Number Of Shares Shorted Comparison
Tecogen is currently under evaluation in number of shares shorted category among its peers.
Tecogen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tecogen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tecogen will eventually generate negative long term returns. The profitability progress is the general direction of Tecogen's change in net profit over the period of time. It can combine multiple indicators of Tecogen, 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.
Tecogen Inc. designs, manufactures, markets, and maintains industrial and commercial cogeneration systems for residential, commercial, recreational, and industrial use in the United States and internationally. The company was incorporated in 2000 and is headquartered in Waltham, Massachusetts. Tecogen operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 77 people.
Tecogen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tecogen. 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 Tecogen 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 Tecogen's important profitability drivers and their relationship over time.
Use Tecogen 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 Tecogen 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 Tecogen will appreciate offsetting losses from the drop in the long position's value.Tecogen Pair Trading
Tecogen Pair Trading Analysis
The ability to find closely correlated positions to Tecogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecogen 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 Tecogen - 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 Tecogen to buy it.
The correlation of Tecogen 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 Tecogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecogen 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 Tecogen 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 Tecogen position
In addition to having Tecogen 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 Energy Funds Thematic Idea Now
Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 48 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 Energy Funds Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in income. Note that the Tecogen information on this page should be used as a complementary analysis to other Tecogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Tecogen OTC Stock
If you are still planning to invest in Tecogen 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 Tecogen's history and understand the potential risks before investing.
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