Brightstar Information Technology Stock Return On Asset
BrightStar Information Technology fundamentals help investors to digest information that contributes to BrightStar Information's financial success or failures. It also enables traders to predict the movement of BrightStar Stock. The fundamental analysis module provides a way to measure BrightStar Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BrightStar Information stock.
BrightStar |
BrightStar Information Technology Company Return On Asset Analysis
BrightStar Information's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current BrightStar Information Return On Asset | -0.21 |
Most of BrightStar Information's fundamental indicators, such as Return On Asset, 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, BrightStar Information Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, BrightStar Information Technology has a Return On Asset of -0.2051. This is 92.9% lower than that of the IT Services sector and 111.92% lower than that of the Information Technology industry. The return on asset for all United States stocks is 46.5% higher than that of the company.
BrightStar Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BrightStar Information's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BrightStar Information could also be used in its relative valuation, which is a method of valuing BrightStar Information by comparing valuation metrics of similar companies.BrightStar Information is currently under evaluation in return on asset category among its peers.
BrightStar Fundamentals
| Return On Asset | -0.21 | |||
| Profit Margin | (0.40) % | |||
| Operating Margin | (0.30) % | |||
| Current Valuation | 5.16 M | |||
| Shares Outstanding | 209.71 M | |||
| Price To Sales | 0.01 X | |||
| Revenue | 2.46 M | |||
| Gross Profit | 623 K | |||
| EBITDA | (584 K) | |||
| Net Income | (406 K) | |||
| Cash And Equivalents | 56 K | |||
| Total Debt | 1.26 M | |||
| Current Ratio | 0.39 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (388 K) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 50 | |||
| Beta | -698.28 | |||
| Market Capitalization | 209 | |||
| Total Asset | 601 K | |||
| Retained Earnings | (102.42 M) | |||
| Working Capital | (1.2 M) | |||
| Current Asset | 528 K | |||
| Current Liabilities | 1.73 M | |||
| Net Asset | 601 K |
About BrightStar Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BrightStar Information Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BrightStar Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BrightStar Information Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 BrightStar Information
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 BrightStar Information 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 BrightStar Information will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to BrightStar Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BrightStar Information 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 BrightStar Information - 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 BrightStar Information Technology to buy it.
The correlation of BrightStar Information 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 BrightStar Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrightStar Information 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 BrightStar Information 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in BrightStar Stock
If you are still planning to invest in BrightStar Information check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BrightStar Information's history and understand the potential risks before investing.
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