Creative Vistas Stock Current Ratio
| CVAS Stock | USD 0.0002 0.00 0.00% |
Creative Vistas fundamentals help investors to digest information that contributes to Creative Vistas' financial success or failures. It also enables traders to predict the movement of Creative Pink Sheet. The fundamental analysis module provides a way to measure Creative Vistas' 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 Creative Vistas pink sheet.
Creative |
Creative Vistas Company Current Ratio Analysis
Creative Vistas' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Creative Vistas Current Ratio | 0.72 X |
Most of Creative Vistas' fundamental indicators, such as Current Ratio, 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, Creative Vistas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Creative Vistas has a Current Ratio of 0.72 times. This is 65.05% lower than that of the Industrials sector and 71.08% lower than that of the Security & Protection Services industry. The current ratio for all United States stocks is 66.67% higher than that of the company.
Creative Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Creative Vistas' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Creative Vistas could also be used in its relative valuation, which is a method of valuing Creative Vistas by comparing valuation metrics of similar companies.Creative Vistas is currently under evaluation in current ratio category among related companies.
Creative Fundamentals
| Return On Asset | -0.084 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 2.6 M | |||
| Shares Outstanding | 37.49 M | |||
| Price To Earning | (0.23) X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 7.23 M | |||
| Gross Profit | 2.41 M | |||
| EBITDA | (421.68 K) | |||
| Net Income | 11.62 M | |||
| Cash And Equivalents | 1.08 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 1.73 M | |||
| Current Ratio | 0.72 X | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (1.09 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 47 | |||
| Beta | -0.96 | |||
| Market Capitalization | 1.31 M | |||
| Total Asset | 3.2 M | |||
| Retained Earnings | (22.49 M) | |||
| Working Capital | (1 M) | |||
| Current Asset | 2.53 M | |||
| Current Liabilities | 3.54 M | |||
| Z Score | -7.8 | |||
| Net Asset | 3.2 M |
About Creative Vistas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Creative Vistas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Creative Vistas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Creative Vistas 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 Creative Vistas
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 Creative Vistas 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 Creative Vistas will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Creative Vistas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creative Vistas 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 Creative Vistas - 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 Creative Vistas to buy it.
The correlation of Creative Vistas 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 Creative Vistas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Creative Vistas 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 Creative Vistas 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 Creative Vistas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Creative Vistas information on this page should be used as a complementary analysis to other Creative Vistas' 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Creative Pink Sheet analysis
When running Creative Vistas' price analysis, check to measure Creative Vistas' 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 Creative Vistas is operating at the current time. Most of Creative Vistas' value examination focuses on studying past and present price action to predict the probability of Creative Vistas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Vistas' price. Additionally, you may evaluate how the addition of Creative Vistas to your portfolios can decrease your overall portfolio volatility.
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