Voyager Financial Statements From 2010 to 2026
| VYGVQ Stock | USD 0.0002 0.0001 100.00% |
Check Voyager Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Voyager Digital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Voyager financial statements analysis is a perfect complement when working with Voyager Digital Valuation or Volatility modules.
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Voyager Digital Company Return On Equity Analysis
Voyager Digital's 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 Voyager Digital Return On Equity | -0.32 |
Most of Voyager Digital's 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, Voyager Digital 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.
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Based on the latest financial disclosure, Voyager Digital has a Return On Equity of -0.3242. This is 97.31% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all United States stocks is 4.58% higher than that of the company.
Voyager Digital Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Voyager Digital's current stock value. Our valuation model uses many indicators to compare Voyager Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voyager Digital competition to find correlations between indicators driving Voyager Digital's intrinsic value. More Info.Voyager Digital is rated first in return on equity category among its peers. It is rated first 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 Voyager Digital's earnings, one of the primary drivers of an investment's value.About Voyager Digital Financial Statements
Voyager Digital 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 Voyager Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Voyager Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Voyager Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Voyager Digital Ltd., through its subsidiaries, operates as a crypto asset brokerage firm primarily in the United States and Canada. It is in joint administration with Voyager Digital Holdings, Inc. Voyager Digital operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 318 people.
Pair Trading with Voyager Digital
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 Voyager Digital 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 Voyager Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Voyager Pink Sheet
The ability to find closely correlated positions to Voyager Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voyager Digital 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 Voyager Digital - 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 Voyager Digital to buy it.
The correlation of Voyager Digital 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 Voyager Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voyager Digital 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 Voyager Digital 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 Voyager Pink Sheet Analysis
When running Voyager Digital's price analysis, check to measure Voyager Digital'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 Voyager Digital is operating at the current time. Most of Voyager Digital's value examination focuses on studying past and present price action to predict the probability of Voyager Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voyager Digital's price. Additionally, you may evaluate how the addition of Voyager Digital to your portfolios can decrease your overall portfolio volatility.