4 Less Group Stock Net Asset
| FLES Stock | USD 0.01 0 11.82% |
4 Less Group fundamentals help investors to digest information that contributes to 4 Less' financial success or failures. It also enables traders to predict the movement of FLES Pink Sheet. The fundamental analysis module provides a way to measure 4 Less' 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 4 Less pink sheet.
FLES |
4 Less Group Company Net Asset Analysis
4 Less' 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 4 Less Net Asset | 1.03 M |
Most of 4 Less' 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, 4 Less Group 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, 4 Less Group has a Net Asset of 1.03 M. This is much higher than that of the Consumer Cyclical sector and significantly higher than that of the Auto Parts industry. The net asset for all United States stocks is notably lower than that of the firm.
FLES Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 4 Less' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of 4 Less could also be used in its relative valuation, which is a method of valuing 4 Less by comparing valuation metrics of similar companies.4 Less is currently under evaluation in net asset category among related companies.
FLES Fundamentals
| Return On Asset | -4.2 | |||
| Profit Margin | (2.71) % | |||
| Operating Margin | (1.29) % | |||
| Current Valuation | 10.58 M | |||
| Shares Outstanding | 1.89 M | |||
| Shares Owned By Insiders | 41.00 % | |||
| Shares Owned By Institutions | 15.13 % | |||
| Price To Sales | 0.45 X | |||
| Revenue | 11.02 M | |||
| Gross Profit | 1.55 M | |||
| EBITDA | (5.74 M) | |||
| Net Income | (8.07 M) | |||
| Cash And Equivalents | 145.47 K | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 115.9 K | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | (8.77) X | |||
| Cash Flow From Operations | (6.34 M) | |||
| Earnings Per Share | (17.81) X | |||
| Target Price | 15.0 | |||
| Beta | 330.14 | |||
| Market Capitalization | 1.56 M | |||
| Total Asset | 1.03 M | |||
| Z Score | 1.29 | |||
| Net Asset | 1.03 M |
About 4 Less Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 4 Less Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 4 Less using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 4 Less Group 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 4 Less
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 4 Less 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 4 Less will appreciate offsetting losses from the drop in the long position's value.Moving against FLES Pink Sheet
| 0.78 | SFM | Sprouts Farmers Market | PairCorr |
| 0.48 | BRDCY | Bridgestone Corp ADR | PairCorr |
The ability to find closely correlated positions to 4 Less could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 4 Less 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 4 Less - 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 4 Less Group to buy it.
The correlation of 4 Less 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 4 Less moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 4 Less Group 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 4 Less 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, which includes a position in 4 Less Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the 4 Less Group information on this page should be used as a complementary analysis to other 4 Less' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for FLES Pink Sheet analysis
When running 4 Less' price analysis, check to measure 4 Less' 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 4 Less is operating at the current time. Most of 4 Less' value examination focuses on studying past and present price action to predict the probability of 4 Less' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 4 Less' price. Additionally, you may evaluate how the addition of 4 Less to your portfolios can decrease your overall portfolio volatility.
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