Codebase Ventures Stock Net Income
| BKLLF Stock | USD 0.08 0.00 0.00% |
Codebase Ventures fundamentals help investors to digest information that contributes to Codebase Ventures' financial success or failures. It also enables traders to predict the movement of Codebase Pink Sheet. The fundamental analysis module provides a way to measure Codebase Ventures' 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 Codebase Ventures pink sheet.
Codebase |
Codebase Ventures Company Net Income Analysis
Codebase Ventures' 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 Codebase Ventures Net Income | (13.29 M) |
Most of Codebase Ventures' 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, Codebase Ventures 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, Codebase Ventures reported net income of (13.29 Million). This is 101.04% lower than that of the Financial Services sector and 101.3% lower than that of the Capital Markets industry. The net income for all United States stocks is 102.33% higher than that of the company.
Codebase Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Codebase Ventures' 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 Codebase Ventures could also be used in its relative valuation, which is a method of valuing Codebase Ventures by comparing valuation metrics of similar companies.Codebase Ventures is currently under evaluation in net income category among related companies.
Codebase Fundamentals
| Return On Equity | -1.69 | |||
| Return On Asset | -0.58 | |||
| Operating Margin | (37.19) % | |||
| Current Valuation | 12.68 M | |||
| Shares Outstanding | 146.98 M | |||
| Shares Owned By Insiders | 0.26 % | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 13.63 X | |||
| Revenue | (1.04 M) | |||
| Gross Profit | (1.7 M) | |||
| EBITDA | (4.93 M) | |||
| Net Income | (13.29 M) | |||
| Cash And Equivalents | 2.61 M | |||
| Cash Per Share | 0.02 X | |||
| Current Ratio | 103.29 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (4.28 M) | |||
| Earnings Per Share | (0.07) X | |||
| Beta | 3.41 | |||
| Market Capitalization | 22.96 M | |||
| Total Asset | 4.37 M | |||
| Z Score | -3.3 | |||
| Net Asset | 4.37 M |
About Codebase Ventures Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Codebase Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Codebase Ventures using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Codebase Ventures 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Codebase Ventures in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Codebase Ventures' short interest history, or implied volatility extrapolated from Codebase Ventures options trading.
Pair Trading with Codebase Ventures
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 Codebase Ventures 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 Codebase Ventures will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Codebase Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Codebase Ventures 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 Codebase Ventures - 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 Codebase Ventures to buy it.
The correlation of Codebase Ventures 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 Codebase Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Codebase Ventures 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 Codebase Ventures 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 Codebase Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Codebase Pink Sheet analysis
When running Codebase Ventures' price analysis, check to measure Codebase Ventures' 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 Codebase Ventures is operating at the current time. Most of Codebase Ventures' value examination focuses on studying past and present price action to predict the probability of Codebase Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codebase Ventures' price. Additionally, you may evaluate how the addition of Codebase Ventures to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |