Trendsetter Financial Statements From 2010 to 2026
| TSSPDelisted Stock | USD 0.0002 0.00 0.00% |
Check Trendsetter Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trendsetter Solar's main balance sheet or income statement drivers, such as , as well as many indicators such as . Trendsetter financial statements analysis is a perfect complement when working with Trendsetter Solar Valuation or Volatility modules.
Trendsetter |
Trendsetter Solar Products Company Return On Asset Analysis
Trendsetter Solar's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Trendsetter Solar Return On Asset | -0.41 |
Most of Trendsetter Solar's fundamental indicators, such as Return On Asset, 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, Trendsetter Solar Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Trendsetter Solar Products has a Return On Asset of -0.4081. This is 19.98% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on asset for all United States stocks is 191.5% higher than that of the company.
Trendsetter Solar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Trendsetter Solar's current stock value. Our valuation model uses many indicators to compare Trendsetter Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trendsetter Solar competition to find correlations between indicators driving Trendsetter Solar's intrinsic value. More Info.Trendsetter Solar Products is rated third in return on asset category among its peers. It is rated second in profit margin category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Trendsetter Solar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Trendsetter Solar Financial Statements
Trendsetter Solar 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 Trendsetter Solar investors may analyze each financial statement separately, they are all interrelated. The changes in Trendsetter Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trendsetter Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Trendsetter Solar Products, Inc. engages in the design, manufacture, and distribution of solar thermal storage tanks, stainless steel heat exchangers, and collectors in the United States. Trendsetter Solar Products, Inc. was founded in 1979 and is based in Eureka, California. TRENDSETTER SOLAR is traded on PNK Exchange in the United States.
Pair Trading with Trendsetter Solar
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 Trendsetter Solar 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 Trendsetter Solar will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Trendsetter Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trendsetter Solar 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 Trendsetter Solar - 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 Trendsetter Solar Products to buy it.
The correlation of Trendsetter Solar 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 Trendsetter Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trendsetter Solar 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 Trendsetter Solar 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 population. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Trendsetter Stock
If you are still planning to invest in Trendsetter Solar 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 Trendsetter Solar's history and understand the potential risks before investing.
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