Ijj Corporation Stock Return On Asset
| IJJP Stock | USD 0.0004 0.0001 20.00% |
Ijj Corporation fundamentals help investors to digest information that contributes to Ijj's financial success or failures. It also enables traders to predict the movement of Ijj Pink Sheet. The fundamental analysis module provides a way to measure Ijj'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 Ijj pink sheet.
Ijj |
Ijj Corporation Company Return On Asset Analysis
Ijj'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 Ijj Return On Asset | -0.0237 |
Most of Ijj'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, Ijj Corporation 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.
| Competition |
Based on the latest financial disclosure, Ijj Corporation has a Return On Asset of -0.0237. This is 95.35% lower than that of the Industrials sector and significantly lower than that of the Specialty Business Services industry. The return on asset for all United States stocks is 83.07% lower than that of the firm.
Ijj Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ijj's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ijj could also be used in its relative valuation, which is a method of valuing Ijj by comparing valuation metrics of similar companies.Ijj is currently under evaluation in return on asset category among its peers.
Ijj Fundamentals
| Return On Equity | -0.0997 | |||
| Return On Asset | -0.0237 | |||
| Profit Margin | (0.43) % | |||
| Operating Margin | (0.17) % | |||
| Current Valuation | 5.93 M | |||
| Shares Outstanding | 1.93 B | |||
| Price To Sales | 15.96 X | |||
| Revenue | 9.35 K | |||
| Gross Profit | 45.85 K | |||
| Net Income | (3.28 K) | |||
| Cash And Equivalents | 341.01 K | |||
| Total Debt | 3.95 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 30.90 X | |||
| Cash Flow From Operations | (4.3 K) | |||
| Beta | 5.69 | |||
| Market Capitalization | 770.18 K | |||
| Total Asset | 992.77 K | |||
| Retained Earnings | (580 K) | |||
| Working Capital | 521 K | |||
| Current Asset | 553 K | |||
| Current Liabilities | 32 K | |||
| Net Asset | 992.77 K |
About Ijj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ijj Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ijj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ijj Corporation 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 Ijj
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 Ijj 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 Ijj will appreciate offsetting losses from the drop in the long position's value.Moving against Ijj Pink Sheet
The ability to find closely correlated positions to Ijj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ijj 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 Ijj - 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 Ijj Corporation to buy it.
The correlation of Ijj 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 Ijj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ijj Corporation 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 Ijj 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 Ijj Pink Sheet Analysis
When running Ijj's price analysis, check to measure Ijj'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 Ijj is operating at the current time. Most of Ijj's value examination focuses on studying past and present price action to predict the probability of Ijj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ijj's price. Additionally, you may evaluate how the addition of Ijj to your portfolios can decrease your overall portfolio volatility.