Extreme Networks Stock Net Asset
| EXTR Stock | USD 19.48 1.44 6.88% |
Fundamental analysis of Extreme Networks allows traders to better anticipate movements in Extreme Networks' stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Extreme Networks Company Net Asset Analysis
Extreme Networks' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Extreme Networks Net Asset | 1.15 B |
Most of Extreme Networks' fundamental indicators, such as Net Asset, 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, Extreme Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Extreme Networks has a Net Asset of 1.15 B. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.
Extreme Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Extreme Networks' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Extreme Networks could also be used in its relative valuation, which is a method of valuing Extreme Networks by comparing valuation metrics of similar companies.Extreme Networks is currently under evaluation in net asset category among its peers.
Extreme Fundamentals
| Return On Equity | -0.16 | ||||
| Return On Asset | 0.0105 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 2.72 B | ||||
| Shares Outstanding | 133.65 M | ||||
| Shares Owned By Insiders | 3.16 % | ||||
| Shares Owned By Institutions | 93.59 % | ||||
| Number Of Shares Shorted | 8.98 M | ||||
| Price To Earning | 57.61 X | ||||
| Price To Book | 41.65 X | ||||
| Price To Sales | 2.28 X | ||||
| Revenue | 1.14 B | ||||
| Gross Profit | 709.13 M | ||||
| EBITDA | 49.31 M | ||||
| Net Income | (7.47 M) | ||||
| Cash And Equivalents | 194.52 M | ||||
| Cash Per Share | 1.48 X | ||||
| Total Debt | 223.44 M | ||||
| Debt To Equity | 3.89 % | ||||
| Current Ratio | 0.98 X | ||||
| Book Value Per Share | 0.50 X | ||||
| Cash Flow From Operations | 152.03 M | ||||
| Short Ratio | 5.05 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Price To Earnings To Growth | 1.16 X | ||||
| Target Price | 23.83 | ||||
| Number Of Employees | 2.81 K | ||||
| Beta | 1.81 | ||||
| Market Capitalization | 2.6 B | ||||
| Total Asset | 1.15 B | ||||
| Retained Earnings | (949.43 M) | ||||
| Working Capital | (52.58 M) | ||||
| Current Asset | 228.97 M | ||||
| Current Liabilities | 211.53 M | ||||
| Net Asset | 1.15 B |
About Extreme Networks Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Extreme Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Extreme Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Extreme Networks 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 Extreme Networks
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 Extreme Networks 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 Extreme Networks will appreciate offsetting losses from the drop in the long position's value.Moving together with Extreme Stock
Moving against Extreme Stock
| 0.74 | 000851 | Gohigh Data Networks | PairCorr |
| 0.6 | GTLINFRA | GTL Infrastructure | PairCorr |
| 0.53 | BIRLACABLE | Birla Cable Limited | PairCorr |
| 0.38 | NELCO | NELCO Limited Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks 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 Extreme Networks - 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 Extreme Networks to buy it.
The correlation of Extreme Networks 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 Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks 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 Extreme Networks 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.Additional Tools for Extreme Stock Analysis
When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.