Nocopi Financial Statements From 2010 to 2024
| NNUP Stock | USD 1.70 0.12 6.59% |
Check Nocopi Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nocopi Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Nocopi financial statements analysis is a perfect complement when working with Nocopi Technologies Valuation or Volatility modules.
Nocopi |
Nocopi Technologies OTC Stock Return On Equity Analysis
Nocopi Technologies' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nocopi Technologies Return On Equity | -0.078 |
Most of Nocopi Technologies' fundamental indicators, such as Return On Equity, 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, Nocopi Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nocopi Technologies has a Return On Equity of -0.078. This is 108.57% lower than that of the Chemicals sector and 101.32% lower than that of the Materials industry. The return on equity for all United States stocks is 74.84% lower than that of the firm.
Nocopi Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nocopi Technologies's current stock value. Our valuation model uses many indicators to compare Nocopi Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nocopi Technologies competition to find correlations between indicators driving Nocopi Technologies's intrinsic value. More Info.Nocopi Technologies is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset 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 Nocopi Technologies' earnings, one of the primary drivers of an investment's value.About Nocopi Technologies Financial Statements
Nocopi Technologies 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 Nocopi Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Nocopi Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nocopi Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Nocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy product markets, and technologies for document and product authentication. Nocopi Technologies, Inc. was founded in 1983 and is headquartered in King of Prussia, Pennsylvania. NOCOPI TECHNOLOGIES operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 5 people.
Pair Trading with Nocopi Technologies
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 Nocopi Technologies 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 Nocopi Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Nocopi OTC Stock
| 0.61 | CHKEW | Chesapeake Energy Symbol Change | PairCorr |
Moving against Nocopi OTC Stock
| 0.81 | PCTTW | PureCycle Technologies | PairCorr |
| 0.77 | ATCOL | Atlas Corp | PairCorr |
| 0.58 | SSNLF | Samsung Electronics | PairCorr |
| 0.55 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.54 | MFG | Mizuho Financial | PairCorr |
The ability to find closely correlated positions to Nocopi Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nocopi Technologies 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 Nocopi Technologies - 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 Nocopi Technologies to buy it.
The correlation of Nocopi Technologies 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 Nocopi Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nocopi Technologies 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 Nocopi Technologies 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 Nocopi OTC Stock Analysis
When running Nocopi Technologies' price analysis, check to measure Nocopi Technologies' 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 Nocopi Technologies is operating at the current time. Most of Nocopi Technologies' value examination focuses on studying past and present price action to predict the probability of Nocopi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nocopi Technologies' price. Additionally, you may evaluate how the addition of Nocopi Technologies to your portfolios can decrease your overall portfolio volatility.