Eurotech Stock Fundamentals
Eurotech fundamentals help investors to digest information that contributes to Eurotech's financial success or failures. It also enables traders to predict the movement of Eurotech Pink Sheet. The fundamental analysis module provides a way to measure Eurotech'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 Eurotech pink sheet.
Eurotech |
Eurotech Company Cash And Equivalents Analysis
Eurotech's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Eurotech Cash And Equivalents | 805 |
Most of Eurotech's fundamental indicators, such as Cash And Equivalents, 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, Eurotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, Eurotech has 805 in Cash And Equivalents. This is 100.0% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Eurotech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eurotech's current stock value. Our valuation model uses many indicators to compare Eurotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eurotech competition to find correlations between indicators driving Eurotech's intrinsic value. More Info.Eurotech is rated as one of the top companies in current valuation category among related companies. It is one of the top stocks in price to sales category among related companies . The ratio of Current Valuation to Price To Sales for Eurotech is about 190,907 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eurotech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eurotech'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. 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 Eurotech's earnings, one of the primary drivers of an investment's value.Eurotech Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eurotech's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Eurotech could also be used in its relative valuation, which is a method of valuing Eurotech by comparing valuation metrics of similar companies.Eurotech is currently under evaluation in cash and equivalents category among related companies.
Eurotech Fundamentals
| Current Valuation | 1.48 M | ||||
| Price To Sales | 7.74 X | ||||
| Net Income | (82.41 K) | ||||
| Cash And Equivalents | 805 | ||||
| Total Debt | 1.45 M | ||||
| Debt To Equity | 3.00 % | ||||
| Cash Flow From Operations | (92.62 K) | ||||
| Beta | -1.71 | ||||
| Market Capitalization | 14.77 K | ||||
| Total Asset | 2.62 M | ||||
| Net Asset | 2.62 M |
About Eurotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eurotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eurotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eurotech 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.Eurotech, Ltd., a development stage company, engages in acquiring, developing, and marketing chemical and electronic technologies for use in environmental and security sectors. It also provides Web based technologies for online video streaming, distribution, and networking. Eurotech is traded on OTC Exchange in the United States.
Pair Trading with Eurotech
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 Eurotech 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 Eurotech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eurotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eurotech 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 Eurotech - 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 Eurotech to buy it.
The correlation of Eurotech 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 Eurotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eurotech 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 Eurotech 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Eurotech Pink Sheet
If you are still planning to invest in Eurotech 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 Eurotech's history and understand the potential risks before investing.
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