MacroWell Financial Statements From 2010 to 2024
| 3687 Stock | TWD 95.80 1.30 1.38% |
Check MacroWell OMG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MacroWell OMG's main balance sheet or income statement drivers, such as , as well as many indicators such as . MacroWell financial statements analysis is a perfect complement when working with MacroWell OMG Valuation or Volatility modules.
MacroWell |
MacroWell OMG Digital Company Current Valuation Analysis
MacroWell OMG's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current MacroWell OMG Current Valuation | (3.84 B) |
Most of MacroWell OMG's fundamental indicators, such as Current Valuation, 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, MacroWell OMG Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, MacroWell OMG Digital has a Current Valuation of (3.84 Billion). This is 119.87% lower than that of the Technology sector and 152.64% lower than that of the Electronic Gaming & Multimedia industry. The current valuation for all Taiwan stocks is 123.08% higher than that of the company.
MacroWell OMG Digital Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MacroWell OMG's current stock value. Our valuation model uses many indicators to compare MacroWell OMG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MacroWell OMG competition to find correlations between indicators driving MacroWell OMG's intrinsic value. More Info.MacroWell OMG Digital is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MacroWell OMG Digital is roughly 3.47 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MacroWell OMG's earnings, one of the primary drivers of an investment's value.About MacroWell OMG Financial Statements
MacroWell OMG investors use historical fundamental indicators, such as MacroWell OMG's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MacroWell OMG. Please read more on our technical analysis and fundamental analysis pages.
MacroWell OMG Digital Entertainment Co., Ltd. provides online games and community space. MacroWell OMG Digital Entertainment Co., Ltd. was founded in 1999 and is based in Taipei, Taiwan. MACROWELL OMG is traded on Taiwan OTC Exchange in Taiwan.
Pair Trading with MacroWell OMG
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 MacroWell OMG 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 MacroWell OMG will appreciate offsetting losses from the drop in the long position's value.Moving together with MacroWell Stock
Moving against MacroWell Stock
| 0.83 | 4546 | Chaheng Precision | PairCorr |
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| 0.61 | 6542 | GameSparcs | PairCorr |
| 0.56 | 2072 | Century Wind Power | PairCorr |
| 0.52 | 6482 | Fun Yours Technology Split | PairCorr |
The ability to find closely correlated positions to MacroWell OMG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MacroWell OMG 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 MacroWell OMG - 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 MacroWell OMG Digital to buy it.
The correlation of MacroWell OMG 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 MacroWell OMG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MacroWell OMG Digital 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 MacroWell OMG 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 MacroWell Stock Analysis
When running MacroWell OMG's price analysis, check to measure MacroWell OMG'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 MacroWell OMG is operating at the current time. Most of MacroWell OMG's value examination focuses on studying past and present price action to predict the probability of MacroWell OMG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroWell OMG's price. Additionally, you may evaluate how the addition of MacroWell OMG to your portfolios can decrease your overall portfolio volatility.