Labwire Stock Net Income
| LBWR Stock | USD 0.0003 0.0002 200.00% |
Fundamental analysis of Labwire allows traders to better anticipate movements in Labwire's stock price by examining its financial health and performance throughout various phases of its business cycle.
Labwire |
Labwire Company Net Income Analysis
Labwire'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 Labwire Net Income | (51.48 K) |
Most of Labwire'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, Labwire 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, Labwire reported net income of (51,482). This is 100.0% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The net income for all United States stocks is 100.01% higher than that of the company.
Labwire Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Labwire'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 Labwire could also be used in its relative valuation, which is a method of valuing Labwire by comparing valuation metrics of similar companies.Labwire is currently under evaluation in net income category among its peers.
Labwire Fundamentals
| Return On Asset | 0.0254 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 216.68 K | |||
| Shares Outstanding | 144.45 M | |||
| Price To Sales | 0.36 X | |||
| Revenue | 4.78 M | |||
| Gross Profit | 1.79 M | |||
| EBITDA | 139.44 K | |||
| Net Income | (51.48 K) | |||
| Cash And Equivalents | 147.84 K | |||
| Current Ratio | 0.50 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | 282.82 K | |||
| Beta | -113.79 | |||
| Market Capitalization | 1.88 M | |||
| Total Asset | 1.48 M | |||
| Z Score | 3.0 | |||
| Net Asset | 1.48 M |
About Labwire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Labwire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Labwire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Labwire 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 Labwire
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 Labwire 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 Labwire will appreciate offsetting losses from the drop in the long position's value.Moving against Labwire Pink Sheet
| 0.4 | XXI | Twenty One Capital, | PairCorr |
| 0.36 | NIO | Nio Class A | PairCorr |
| 0.35 | GRAB | Grab Holdings Aggressive Push | PairCorr |
The ability to find closely correlated positions to Labwire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labwire 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 Labwire - 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 Labwire to buy it.
The correlation of Labwire 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 Labwire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labwire 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 Labwire 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 Labwire Pink Sheet Analysis
When running Labwire's price analysis, check to measure Labwire'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 Labwire is operating at the current time. Most of Labwire's value examination focuses on studying past and present price action to predict the probability of Labwire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labwire's price. Additionally, you may evaluate how the addition of Labwire to your portfolios can decrease your overall portfolio volatility.