Longfin Corp Stock Net Asset
LongFin Corp fundamentals help investors to digest information that contributes to LongFin Corp's financial success or failures. It also enables traders to predict the movement of LongFin Stock. The fundamental analysis module provides a way to measure LongFin Corp'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 LongFin Corp stock.
LongFin |
LongFin Corp Company Net Asset Analysis
LongFin Corp's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, LongFin Corp has a Net Asset of 0.0. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
LongFin Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LongFin Corp's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LongFin Corp could also be used in its relative valuation, which is a method of valuing LongFin Corp by comparing valuation metrics of similar companies.LongFin Corp is currently under evaluation in net asset category among its peers.
LongFin Fundamentals
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.1) % | ||||
| Current Valuation | 19.38 M | ||||
| Shares Outstanding | 44.54 M | ||||
| Number Of Shares Shorted | 2.11 M | ||||
| Price To Earning | 10.60 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 166.73 M | ||||
| Gross Profit | 6.7 M | ||||
| EBITDA | (8.95 M) | ||||
| Net Income | (19.96 M) | ||||
| Cash And Equivalents | 1.17 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 10.21 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 1.12 X | ||||
| Book Value Per Share | 1.71 X | ||||
| Cash Flow From Operations | (4.65 M) | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | (0.26) X | ||||
| Number Of Employees | 18 | ||||
| Beta | 10.68 | ||||
| Market Capitalization | 193.81 K | ||||
| Total Asset | 2.56 B | ||||
| Retained Earnings | 148.73 M |
Pair Trading with LongFin Corp
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 LongFin Corp 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 LongFin Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering 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 Altair Engineering - 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 Altair Engineering to buy it.
The correlation of Altair Engineering 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 Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering 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 Altair Engineering 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 Correlation Analysis 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 gross domestic product. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in LongFin Stock
If you are still planning to invest in LongFin Corp 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 LongFin Corp's history and understand the potential risks before investing.
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