SunHydrogen Financial Statements From 2010 to 2024
| HYSR Stock | USD 0.02 0.0005 2.50% |
Check SunHydrogen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunHydrogen's main balance sheet or income statement drivers, such as , as well as many indicators such as . SunHydrogen financial statements analysis is a perfect complement when working with SunHydrogen Valuation or Volatility modules.
SunHydrogen |
SunHydrogen Company Shares Outstanding Analysis
SunHydrogen's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current SunHydrogen Shares Outstanding | 4.39 B |
Most of SunHydrogen's fundamental indicators, such as Shares Outstanding, 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, SunHydrogen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, SunHydrogen has 4.39 B of shares currently outstending. This is much higher than that of the Technology sector and significantly higher than that of the Solar industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.
SunHydrogen Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SunHydrogen's current stock value. Our valuation model uses many indicators to compare SunHydrogen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SunHydrogen competition to find correlations between indicators driving SunHydrogen's intrinsic value. More Info.SunHydrogen is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in current valuation category among its peers . 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 SunHydrogen's earnings, one of the primary drivers of an investment's value.About SunHydrogen Financial Statements
SunHydrogen 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 SunHydrogen investors may analyze each financial statement separately, they are all interrelated. The changes in SunHydrogen's assets and liabilities, for example, are also reflected in the revenues and expenses on on SunHydrogen's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
SunHydrogen, Inc. engages in the development and marketing of solar-powered nanoparticle systems that mimics photosynthesis to separate hydrogen from water. SunHydrogen, Inc. was incorporated in 2009 and is based in Santa Barbara, California. Sunhydrogen operates under Solar classification in the United States and is traded on OTC Exchange. It employs 7 people.
Pair Trading with SunHydrogen
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 SunHydrogen 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 SunHydrogen will appreciate offsetting losses from the drop in the long position's value.Moving against SunHydrogen Pink Sheet
| 0.51 | FUWAF | Furukawa Electric | PairCorr |
| 0.38 | FMCB | Farmers Merchants Bancorp | PairCorr |
| 0.34 | MRVL | Marvell Technology Earnings Call This Week | PairCorr |
| 0.32 | GCPEF | GCL Poly Energy | PairCorr |
The ability to find closely correlated positions to SunHydrogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SunHydrogen 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 SunHydrogen - 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 SunHydrogen to buy it.
The correlation of SunHydrogen 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 SunHydrogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SunHydrogen 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 SunHydrogen 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 SunHydrogen Pink Sheet Analysis
When running SunHydrogen's price analysis, check to measure SunHydrogen'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 SunHydrogen is operating at the current time. Most of SunHydrogen's value examination focuses on studying past and present price action to predict the probability of SunHydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunHydrogen's price. Additionally, you may evaluate how the addition of SunHydrogen to your portfolios can decrease your overall portfolio volatility.