Hammer Fiber Optics Stock Net Income
| HMMR Stock | USD 0.13 0.05 27.78% |
Fundamental analysis of Hammer Fiber allows traders to better anticipate movements in Hammer Fiber's stock price by examining its financial health and performance throughout various phases of its business cycle.
Hammer |
Hammer Fiber Optics Company Net Income Analysis
Hammer Fiber'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 Hammer Fiber Net Income | (1.16 M) |
Most of Hammer Fiber'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, Hammer Fiber Optics 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, Hammer Fiber Optics reported net income of (1.16 Million). This is 100.07% lower than that of the Diversified Telecommunication Services sector and 100.06% lower than that of the Communication Services industry. The net income for all United States stocks is 100.2% higher than that of the company.
Hammer Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hammer Fiber's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hammer Fiber could also be used in its relative valuation, which is a method of valuing Hammer Fiber by comparing valuation metrics of similar companies.Hammer Fiber is currently under evaluation in net income category among its peers.
Hammer Fundamentals
| Return On Equity | -0.29 | |||
| Return On Asset | -0.0592 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | (0.24) % | |||
| Current Valuation | 30.08 M | |||
| Shares Outstanding | 60.85 M | |||
| Shares Owned By Insiders | 33.09 % | |||
| Price To Earning | 5.83 X | |||
| Price To Book | 4.73 X | |||
| Price To Sales | 9.77 X | |||
| Revenue | 2.6 M | |||
| Gross Profit | 579.92 K | |||
| EBITDA | (1.08 M) | |||
| Net Income | (1.16 M) | |||
| Cash And Equivalents | 726.98 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.56 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 0.27 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (819.61 K) | |||
| Earnings Per Share | (0.04) X | |||
| Number Of Employees | 15 | |||
| Beta | 0.9 | |||
| Market Capitalization | 23.12 M | |||
| Total Asset | 9.57 M | |||
| Retained Earnings | (453 K) | |||
| Working Capital | (378 K) | |||
| Current Liabilities | 378 K | |||
| Z Score | 8.4 | |||
| Net Asset | 9.57 M |
About Hammer Fiber Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hammer Fiber Optics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hammer Fiber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hammer Fiber Optics 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 Hammer Fiber
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 Hammer Fiber 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 Hammer Fiber will appreciate offsetting losses from the drop in the long position's value.Moving against Hammer Pink Sheet
| 0.72 | HMDCF | HUTCHMED Limited | PairCorr |
| 0.66 | APGE | Apogee Therapeutics, | PairCorr |
| 0.65 | KYOCF | Kyocera | PairCorr |
| 0.61 | PII | Polaris Industries | PairCorr |
| 0.56 | AA | Alcoa Corp Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Hammer Fiber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hammer Fiber 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 Hammer Fiber - 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 Hammer Fiber Optics to buy it.
The correlation of Hammer Fiber 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 Hammer Fiber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hammer Fiber Optics 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 Hammer Fiber 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.Additional Tools for Hammer Pink Sheet Analysis
When running Hammer Fiber's price analysis, check to measure Hammer Fiber's 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 Hammer Fiber is operating at the current time. Most of Hammer Fiber's value examination focuses on studying past and present price action to predict the probability of Hammer Fiber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammer Fiber's price. Additionally, you may evaluate how the addition of Hammer Fiber to your portfolios can decrease your overall portfolio volatility.