Soligen Financial Statements From 2010 to 2024
| SGTNDelisted Stock | USD 0.0006 0.00 0.00% |
Check Soligen Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Soligen Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Soligen financial statements analysis is a perfect complement when working with Soligen Technologies Valuation or Volatility modules.
Soligen |
Soligen Technologies Company Return On Equity Analysis
Soligen 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 Soligen Technologies Return On Equity | -9.12 |
Most of Soligen 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, Soligen 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.
CompetitionBased on the latest financial disclosure, Soligen Technologies has a Return On Equity of -9.1239. This is 360.8% higher than that of the Machinery sector and notably lower than that of the Industrials industry. The return on equity for all United States stocks is notably higher than that of the company.
Soligen Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Soligen Technologies's current stock value. Our valuation model uses many indicators to compare Soligen Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Soligen Technologies competition to find correlations between indicators driving Soligen Technologies's intrinsic value. More Info.Soligen Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Soligen Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Soligen Technologies' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Soligen Technologies Financial Statements
Soligen Technologies investors utilize fundamental indicators, such as revenue or net income, to predict how Soligen Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Soligen Technologies, Inc., through its subsidiary, manufactures cast metal parts for automotive companies in the United States. The company was incorporated in 1988 and is based in Van Nuys, California. SOLIGEN TECHNOLOGIES operates under Oil Gas EP classification in the United States and is traded on PNK Exchange. It employs 91 people.
Pair Trading with Soligen 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 Soligen 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 Soligen Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Soligen 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 Soligen 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 Soligen 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 Soligen Technologies to buy it.
The correlation of Soligen 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 Soligen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soligen 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 Soligen 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Soligen Pink Sheet
If you are still planning to invest in Soligen Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Soligen Technologies' history and understand the potential risks before investing.
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