Technical Financial Statements From 2010 to 2024
| TCCODelisted Stock | USD 0.85 0.33 63.46% |
Check Technical Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Technical Communications' main balance sheet or income statement drivers, such as , as well as many indicators such as . Technical financial statements analysis is a perfect complement when working with Technical Communications Valuation or Volatility modules.
Technical |
Technical Communications Company Return On Equity Analysis
Technical Communications' 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 Technical Communications Return On Equity | -3.49 |
Most of Technical Communications' 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, Technical Communications 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, Technical Communications has a Return On Equity of -3.4868. This is 71.02% lower than that of the Communications Equipment sector and 30.82% lower than that of the Information Technology industry. The return on equity for all United States stocks is notably higher than that of the company.
Technical Communications Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Technical Communications's current stock value. Our valuation model uses many indicators to compare Technical Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Technical Communications competition to find correlations between indicators driving Technical Communications's intrinsic value. More Info.Technical Communications 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Technical Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Technical Communications' 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 Technical Communications Financial Statements
Technical Communications investors utilize fundamental indicators, such as revenue or net income, to predict how Technical 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.
Technical Communications Corporation engages in the design, development, manufacture, distribution, marketing, and sale of communications security devices, systems, and services worldwide. The company was incorporated in 1961 and is based in Concord, Massachusetts. Technical Commctn operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 18 people.
Pair Trading with Technical Communications
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 Technical Communications 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 Technical Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Technical Pink Sheet
| 0.67 | ERIC | Telefonaktiebolaget Aggressive Push | PairCorr |
| 0.64 | VIAV | Viavi Solutions | PairCorr |
| 0.63 | MOB | Mobilicom Limited | PairCorr |
| 0.61 | MSI | Motorola Solutions | PairCorr |
| 0.59 | UI | Ubiquiti Networks | PairCorr |
The ability to find closely correlated positions to Technical Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Technical Communications 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 Technical Communications - 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 Technical Communications to buy it.
The correlation of Technical Communications 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 Technical Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Technical Communications 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 Technical Communications 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 main economic indicators. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Technical Pink Sheet
If you are still planning to invest in Technical Communications 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 Technical Communications' history and understand the potential risks before investing.
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