Clearford Water Systems Stock Net Income
| CLIRF Stock | USD 0.0002 0.00 0.00% |
Clearford Water Systems fundamentals help investors to digest information that contributes to Clearford Water's financial success or failures. It also enables traders to predict the movement of Clearford Pink Sheet. The fundamental analysis module provides a way to measure Clearford Water's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clearford Water pink sheet.
Clearford |
Clearford Water Systems Company Net Income Analysis
Clearford Water's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Clearford Water Net Income | (8.91 M) |
Most of Clearford Water's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clearford Water Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Clearford Water Systems reported net income of (8.91 Million). This is 103.43% lower than that of the Industrials sector and 102.68% lower than that of the Waste Management industry. The net income for all United States stocks is 101.56% higher than that of the company.
Clearford Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearford Water's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Clearford Water could also be used in its relative valuation, which is a method of valuing Clearford Water by comparing valuation metrics of similar companies.Clearford Water is currently under evaluation in net income category among related companies.
Clearford Fundamentals
| Return On Asset | -0.0969 | |||
| Profit Margin | (0.55) % | |||
| Operating Margin | (0.18) % | |||
| Current Valuation | 51.27 M | |||
| Shares Outstanding | 102.03 M | |||
| Shares Owned By Insiders | 18.65 % | |||
| Shares Owned By Institutions | 8.38 % | |||
| Price To Earning | (1.00) X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 14.68 M | |||
| Gross Profit | 4.94 M | |||
| EBITDA | (1.55 M) | |||
| Net Income | (8.91 M) | |||
| Cash And Equivalents | 190.38 K | |||
| Total Debt | 53.08 M | |||
| Current Ratio | 0.39 X | |||
| Book Value Per Share | (0.59) X | |||
| Cash Flow From Operations | (4.06 M) | |||
| Earnings Per Share | (0.05) X | |||
| Number Of Employees | 93 | |||
| Beta | 4.68 | |||
| Market Capitalization | 20.41 K | |||
| Total Asset | 17.91 M | |||
| Net Asset | 17.91 M |
About Clearford Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clearford Water Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearford Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearford Water Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Clearford Water
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 Clearford Water 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 Clearford Water will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clearford Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearford Water 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 Clearford Water - 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 Clearford Water Systems to buy it.
The correlation of Clearford Water 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 Clearford Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearford Water Systems 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 Clearford Water 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearford Water Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Clearford Pink Sheet analysis
When running Clearford Water's price analysis, check to measure Clearford Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clearford Water is operating at the current time. Most of Clearford Water's value examination focuses on studying past and present price action to predict the probability of Clearford Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearford Water's price. Additionally, you may evaluate how the addition of Clearford Water to your portfolios can decrease your overall portfolio volatility.
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