Wanderport Financial Statements From 2010 to 2024
| WDRP Stock | USD 0.0007 0.0001 12.50% |
Check Wanderport Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wanderport Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . Wanderport financial statements analysis is a perfect complement when working with Wanderport Corp Valuation or Volatility modules.
Wanderport |
Wanderport Corp Company Cash And Equivalents Analysis
Wanderport Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Wanderport Corp Cash And Equivalents | 6.87 K |
Most of Wanderport Corp's fundamental indicators, such as Cash And Equivalents, 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, Wanderport Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Wanderport Corp has 6.87 K in Cash And Equivalents. This is 100.0% lower than that of the Household Durables sector and 99.99% lower than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Wanderport Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wanderport Corp's current stock value. Our valuation model uses many indicators to compare Wanderport Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wanderport Corp competition to find correlations between indicators driving Wanderport Corp's intrinsic value. More Info.Wanderport Corp is rated first in return on asset category among its peers. It is rated first in current valuation 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 Wanderport Corp's earnings, one of the primary drivers of an investment's value.About Wanderport Corp Financial Statements
Wanderport Corp 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 Wanderport Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Wanderport Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wanderport Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Wanderport Corporation distributes hemp-based food, beverages, and consumer products. Wanderport Corporation was founded in 2006 and is based in Santa Monica, California. Wanderport Corporati operates under Food Distribution classification in the United States and is traded on OTC Exchange. It employs 1 people.
Pair Trading with Wanderport Corp
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 Wanderport Corp 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 Wanderport Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Wanderport Pink Sheet
| 0.63 | MET | MetLife | PairCorr |
| 0.61 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.57 | IBM | International Business Sell-off Trend | PairCorr |
| 0.54 | JXN-PA | Jackson Financial | PairCorr |
| 0.54 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to Wanderport Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wanderport Corp 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 Wanderport Corp - 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 Wanderport Corp to buy it.
The correlation of Wanderport Corp 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 Wanderport Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wanderport Corp 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 Wanderport Corp 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 Wanderport Pink Sheet Analysis
When running Wanderport Corp's price analysis, check to measure Wanderport Corp'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 Wanderport Corp is operating at the current time. Most of Wanderport Corp's value examination focuses on studying past and present price action to predict the probability of Wanderport Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanderport Corp's price. Additionally, you may evaluate how the addition of Wanderport Corp to your portfolios can decrease your overall portfolio volatility.