We recommend to make use of Lite Access Technologies fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Lite Access Technologies as well as the relationship between them. We were able to interpolate thirty-one available fundamentals for Lite Access, which can be compared to its peers in the industry. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Lite Access to be traded at C$0.0941 in 90 days. Key indicators impacting Lite Access' financial strength include:
Please note, the imprecision that can be found in Lite Access' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lite Access Technologies. Check Lite Access' Beneish M Score to see the likelihood of Lite Access' management manipulating its earnings.
Lite Access Stock Summary
Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada. LITE ACCESS operates under Communication Equipment classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
France
Specialization
Information Technology, Technology Hardware & Equipment
You should never invest in Lite Access without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lite Stock, because this is throwing your money away. Analyzing the key information contained in Lite Access' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Lite Access Key Financial Ratios
There are many critical financial ratios that Lite Access' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lite Access Technologies reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Lite Access's current stock value. Our valuation model uses many indicators to compare Lite Access value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lite Access competition to find correlations between indicators driving Lite Access's intrinsic value. More Info.
Lite Access Technologies is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Lite Access' Return On Equity is fairly stable compared to the past year. 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 Lite Access' earnings, one of the primary drivers of an investment's value.
Lite Access Technologies Systematic Risk
Lite Access' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lite Access volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Lite Access Technologies correlated with the market. If Beta is less than 0 Lite Access generally moves in the opposite direction as compared to the market. If Lite Access Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lite Access Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lite Access is generally in the same direction as the market. If Beta > 1 Lite Access moves generally in the same direction as, but more than the movement of the benchmark.
Lite Access Technologies Total Assets Over Time
Today, most investors in Lite Access Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lite Access' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lite Access growth as a starting point in their analysis.
When running Lite Access' price analysis, check to measure Lite Access' 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 Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.