Damon Common Stock Net Income
| DMNDelisted Stock | 0 0.0001 9.09% |
As of the 27th of February, Damon Common shows the Mean Deviation of 16.07, variance of 624.48, and Standard Deviation of 24.99. Damon Common Stock technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Damon Common's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Damon Common's valuation are provided below:Damon Common Stock does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Damon |
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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.
CompetitionBased on the recorded statements, Damon Common Stock reported net income of (33.97 Million). This is 106.3% lower than that of the Technology sector and 127.96% lower than that of the Software - Application industry. The net income for all United States stocks is 105.95% higher than that of the company.
Damon Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Damon Common's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Damon Common could also be used in its relative valuation, which is a method of valuing Damon Common by comparing valuation metrics of similar companies.Damon Common is currently under evaluation in net income category among its peers.
Damon Fundamentals
| Profit Margin | 27.23 % | |||
| Operating Margin | (68.20) % | |||
| Current Valuation | 10.44 M | |||
| Shares Outstanding | 2.45 B | |||
| Shares Owned By Insiders | 2.43 % | |||
| Shares Owned By Institutions | 0.85 % | |||
| Number Of Shares Shorted | 49.59 M | |||
| Price To Sales | 84.12 X | |||
| Revenue | 336.56 K | |||
| Gross Profit | 28.19 K | |||
| EBITDA | (17.79 M) | |||
| Net Income | (33.97 M) | |||
| Total Debt | 7.12 M | |||
| Book Value Per Share | (0.15) X | |||
| Cash Flow From Operations | (12.87 M) | |||
| Short Ratio | 0.12 X | |||
| Earnings Per Share | 0.74 X | |||
| Market Capitalization | 4.17 M | |||
| Total Asset | 8.41 M | |||
| Retained Earnings | (140.61 M) | |||
| Working Capital | (4.88 M) | |||
| Net Asset | 8.41 M |
About Damon Common Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Damon Common Stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Damon Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Damon Common Stock 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 Damon Common
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 Damon Common 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 Damon Common will appreciate offsetting losses from the drop in the long position's value.Moving together with Damon Stock
Moving against Damon Stock
| 0.83 | QXO | QXO Inc | PairCorr |
| 0.71 | AMTM | Amentum Holdings | PairCorr |
| 0.69 | EC | Ecopetrol SA ADR Earnings Call This Week | PairCorr |
| 0.4 | PTAIY | Astra International Tbk | PairCorr |
| 0.35 | CHYM | Chime Financial Class Upward Rally | PairCorr |
The ability to find closely correlated positions to Damon Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Damon Common 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 Damon Common - 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 Damon Common Stock to buy it.
The correlation of Damon Common 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 Damon Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Damon Common Stock 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 Damon Common 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 Investing Opportunities 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Damon Stock
If you are still planning to invest in Damon Common Stock 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 Damon Common's history and understand the potential risks before investing.
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