1606 Corp Stock Earnings Per Share
| CBDW Stock | 0.03 0 3.33% |
1606 Corp fundamentals help investors to digest information that contributes to 1606 Corp's financial success or failures. It also enables traders to predict the movement of 1606 Pink Sheet. The fundamental analysis module provides a way to measure 1606 Corp'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 1606 Corp pink sheet.
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1606 Corp Company Earnings Per Share Analysis
1606 Corp's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, 1606 Corp has an Earnings Per Share of 0.0 times. This is 100.0% lower than that of the Consumer Defensive sector and 100.0% lower than that of the Tobacco industry. The earnings per share for all United States stocks is 100.0% higher than that of the company.
1606 Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1606 Corp's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of 1606 Corp could also be used in its relative valuation, which is a method of valuing 1606 Corp by comparing valuation metrics of similar companies.1606 Corp is currently under evaluation in earnings per share category among related companies.
1606 Fundamentals
| Return On Asset | -3.83 | |||
| Operating Margin | (23.33) % | |||
| Revenue | 20.72 K | |||
| Gross Profit | 12.37 K | |||
| Book Value Per Share | (0.02) X |
About 1606 Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 1606 Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1606 Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1606 Corp 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 1606 Corp
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 1606 Corp 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 1606 Corp will appreciate offsetting losses from the drop in the long position's value.Moving against 1606 Pink Sheet
| 0.8 | FIX | Comfort Systems USA | PairCorr |
| 0.79 | PIFMF | PT Indofood Sukses Earnings Call Today | PairCorr |
| 0.79 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
| 0.79 | CSL | Carlisle Companies | PairCorr |
| 0.79 | CLS | Celestica | PairCorr |
The ability to find closely correlated positions to 1606 Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1606 Corp 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 1606 Corp - 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 1606 Corp to buy it.
The correlation of 1606 Corp 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 1606 Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1606 Corp 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 1606 Corp 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 1606 Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the 1606 Corp information on this page should be used as a complementary analysis to other 1606 Corp'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for 1606 Pink Sheet analysis
When running 1606 Corp's price analysis, check to measure 1606 Corp'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 1606 Corp is operating at the current time. Most of 1606 Corp's value examination focuses on studying past and present price action to predict the probability of 1606 Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1606 Corp's price. Additionally, you may evaluate how the addition of 1606 Corp to your portfolios can decrease your overall portfolio volatility.
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