Heliogen Stock Price To Sales
| HLGNDelisted Stock | USD 0.28 0.02 6.67% |
Heliogen fundamentals help investors to digest information that contributes to Heliogen's financial success or failures. It also enables traders to predict the movement of Heliogen OTC Stock. The fundamental analysis module provides a way to measure Heliogen'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 Heliogen otc stock.
Heliogen |
Heliogen OTC Stock Price To Sales Analysis
Heliogen's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Heliogen Price To Sales | 9.47 X |
Most of Heliogen's fundamental indicators, such as Price To Sales, 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, Heliogen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, Heliogen has a Price To Sales of 9.4675 times. This indicator is about the same for the Electric Utilities average (which is currently at 9.49) sector and significantly higher than that of the Utilities industry. The price to sales for all United States stocks is 17.1% higher than that of the company.
Heliogen Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heliogen's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Heliogen could also be used in its relative valuation, which is a method of valuing Heliogen by comparing valuation metrics of similar companies.Heliogen is currently under evaluation in price to sales category among its peers.
Heliogen Fundamentals
| Return On Equity | -0.74 | ||||
| Return On Asset | -0.3 | ||||
| Operating Margin | (16.30) % | ||||
| Current Valuation | (78.58 M) | ||||
| Shares Outstanding | 5.88 M | ||||
| Shares Owned By Insiders | 32.20 % | ||||
| Shares Owned By Institutions | 30.00 % | ||||
| Number Of Shares Shorted | 125.29 K | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 9.47 X | ||||
| Revenue | 13.75 M | ||||
| Gross Profit | (9 K) | ||||
| EBITDA | (160.29 M) | ||||
| Net Income | (142 M) | ||||
| Cash And Equivalents | 159.48 M | ||||
| Cash Per Share | 0.83 X | ||||
| Total Debt | 15.49 M | ||||
| Debt To Equity | 0.1 % | ||||
| Current Ratio | 3.54 X | ||||
| Book Value Per Share | 15.11 X | ||||
| Cash Flow From Operations | (69.84 M) | ||||
| Short Ratio | 2.69 X | ||||
| Earnings Per Share | (17.15) X | ||||
| Target Price | 15.75 | ||||
| Number Of Employees | 220 | ||||
| Beta | 2.42 | ||||
| Market Capitalization | 14.4 M | ||||
| Total Asset | 191.62 M | ||||
| Retained Earnings | (308.58 M) | ||||
| Working Capital | 107.53 M | ||||
| Z Score | -3.71 | ||||
| Net Asset | 191.62 M |
About Heliogen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heliogen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heliogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heliogen 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 Heliogen
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 Heliogen 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 Heliogen will appreciate offsetting losses from the drop in the long position's value.Moving against Heliogen OTC Stock
| 0.79 | BEP-PA | Brookfield Renewable | PairCorr |
| 0.73 | CEG | Constellation Energy Corp | PairCorr |
| 0.59 | BEP | Brookfield Renewable | PairCorr |
| 0.55 | BEPC | Brookfield Renewable Corp | PairCorr |
| 0.51 | WAVE | Eco Wave Power Trending | PairCorr |
The ability to find closely correlated positions to Heliogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heliogen 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 Heliogen - 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 Heliogen to buy it.
The correlation of Heliogen 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 Heliogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heliogen 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 Heliogen 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Heliogen information on this page should be used as a complementary analysis to other Heliogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Heliogen OTC Stock
If you are still planning to invest in Heliogen 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 Heliogen's history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| CEOs Directory Screen CEOs from public companies around the world |