Acorn Energy Common Stock Net Income
| ACFN Stock | USD 19.02 0.93 4.66% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Acorn Energy's long-term financial health and intrinsic value.
Acorn |
Acorn Energy Common OTC Stock Net Income Analysis
Acorn Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Acorn Energy Net Income | (21 K) |
Most of Acorn Energy's fundamental indicators, such as Net Income, 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, Acorn Energy Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Acorn Energy Common reported net income of (21,000). This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.02% lower than that of the Information Technology industry. The net income for all United States stocks is 100.0% higher than that of the company.
Acorn Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acorn Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Acorn Energy could also be used in its relative valuation, which is a method of valuing Acorn Energy by comparing valuation metrics of similar companies.Acorn Energy is currently under evaluation in net income category among its peers.
Acorn Fundamentals
| Return On Asset | -0.0594 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 13.14 M | |||
| Shares Outstanding | 39.71 M | |||
| Shares Owned By Insiders | 19.06 % | |||
| Shares Owned By Institutions | 10.92 % | |||
| Number Of Shares Shorted | 362.05 K | |||
| Price To Earning | 180.00 X | |||
| Price To Sales | 1.87 X | |||
| Revenue | 6.78 M | |||
| Gross Profit | 4.9 M | |||
| EBITDA | 67 K | |||
| Net Income | (21 K) | |||
| Cash And Equivalents | 1.26 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 390 K | |||
| Debt To Equity | 45.70 % | |||
| Current Ratio | 0.89 X | |||
| Book Value Per Share | (0.02) X | |||
| Cash Flow From Operations | 132 K | |||
| Short Ratio | 5.64 X | |||
| Earnings Per Share | (0) X | |||
| Target Price | 3.0 | |||
| Number Of Employees | 25 | |||
| Beta | 0.78 | |||
| Market Capitalization | 12.71 M | |||
| Total Asset | 6.04 M | |||
| Retained Earnings | (108.63 M) | |||
| Working Capital | (968 K) | |||
| Current Asset | 15.85 M | |||
| Current Liabilities | 16.82 M | |||
| Z Score | -3.6 | |||
| Net Asset | 6.04 M |
About Acorn Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Acorn Energy Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acorn Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acorn Energy Common based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Acorn Energy
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 Acorn Energy 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 Acorn Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Acorn OTC Stock
| 0.72 | DVNHF | Frontier Services | PairCorr |
| 0.65 | SOHOO | Sotherly Hotels Pref | PairCorr |
| 0.6 | WEGZY | WEG SA ADR | PairCorr |
| 0.56 | HAVLF | HAVN Life Sciences | PairCorr |
| 0.41 | MATX | Matson Inc | PairCorr |
The ability to find closely correlated positions to Acorn Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acorn Energy 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 Acorn Energy - 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 Acorn Energy Common to buy it.
The correlation of Acorn Energy 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 Acorn Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acorn Energy Common 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 Acorn Energy 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.Other Information on Investing in Acorn OTC Stock
Acorn Energy financial ratios help investors to determine whether Acorn OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Acorn with respect to the benefits of owning Acorn Energy security.