Evolution Financial Statements From 2010 to 2025
| ETKR Stock | USD 0.0001 0.00 0.00% |
Check Evolution Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evolution Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Evolution financial statements analysis is a perfect complement when working with Evolution Technology Valuation or Volatility modules.
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Evolution Technology Resources Company Operating Margin Analysis
Evolution Technology's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Evolution Technology Operating Margin | 0.04 % |
Most of Evolution Technology's fundamental indicators, such as Operating Margin, 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, Evolution Technology Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Evolution Technology Resources has an Operating Margin of 0.0423%. This is 99.22% lower than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The operating margin for all United States stocks is 100.77% lower than that of the firm.
Evolution Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evolution Technology's current stock value. Our valuation model uses many indicators to compare Evolution Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolution Technology competition to find correlations between indicators driving Evolution Technology's intrinsic value. More Info.Evolution Technology Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Evolution Technology Resources is roughly 2.42 . 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 Evolution Technology's earnings, one of the primary drivers of an investment's value.About Evolution Technology Financial Statements
Evolution Technology shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Evolution Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Evolution Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Evolution Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Evolution Technology Resources Inc. operates in the online gambling and social gaming industry. Evolution Technology Resources Inc. was incorporated in 2006 and is based in Richmond Hill, Canada. EVOLUTION TECHNOLOGY operates under Specialty Business Services classification in the United States and is traded on OTC Exchange.
Pair Trading with Evolution Technology
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 Evolution Technology 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 Evolution Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Evolution Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolution Technology 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 Evolution Technology - 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 Evolution Technology Resources to buy it.
The correlation of Evolution Technology 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 Evolution Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolution Technology 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 Evolution Technology 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 Evolution Pink Sheet Analysis
When running Evolution Technology's price analysis, check to measure Evolution Technology'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 Evolution Technology is operating at the current time. Most of Evolution Technology's value examination focuses on studying past and present price action to predict the probability of Evolution Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Technology's price. Additionally, you may evaluate how the addition of Evolution Technology to your portfolios can decrease your overall portfolio volatility.