Wrap Financial Statements From 2010 to 2025
| WRAP Stock | USD 2.00 0.08 3.85% |
Check Wrap Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wrap Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Wrap financial statements analysis is a perfect complement when working with Wrap Technologies Valuation or Volatility modules.
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Wrap Technologies Company Shares Outstanding Analysis
Wrap Technologies' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Wrap Technologies Shares Outstanding | 45.88 M |
Most of Wrap Technologies' fundamental indicators, such as Shares Outstanding, 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, Wrap Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Wrap Technologies has 45.88 M of shares currently outstending. This is 75.84% lower than that of the Electronic Equipment, Instruments & Components sector and 74.24% lower than that of the Information Technology industry. The shares outstanding for all United States stocks is 91.98% higher than that of the company.
Wrap Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wrap Technologies's current stock value. Our valuation model uses many indicators to compare Wrap Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wrap Technologies competition to find correlations between indicators driving Wrap Technologies's intrinsic value. More Info.Wrap Technologies is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Wrap Technologies 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 Wrap Technologies Financial Statements
Wrap Technologies 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 Wrap Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Wrap Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Wrap Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company was founded in 2016 and is based in Tempe, Arizona. Wrap Technologies operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 68 people.
Pair Trading with Wrap 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 Wrap 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 Wrap Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Wrap Stock
| 0.72 | SVRE | SaverOne 2014 | PairCorr |
| 0.67 | ITRI | Itron Inc | PairCorr |
| 0.59 | KNW | Know Labs | PairCorr |
| 0.59 | SOBR | Sobr Safe | PairCorr |
| 0.55 | SOTK | Sono Tek Corp | PairCorr |
The ability to find closely correlated positions to Wrap 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 Wrap 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 Wrap 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 Wrap Technologies to buy it.
The correlation of Wrap 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 Wrap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wrap 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 Wrap 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.Additional Tools for Wrap Stock Analysis
When running Wrap Technologies' price analysis, check to measure Wrap Technologies' 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 Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.