Longfin Corp Stock Price To Book
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 Price To Book Analysis
LongFin Corp's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, LongFin Corp has a Price To Book of 0.0 times. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The price to book for all United States stocks is 100.0% higher than that of the company.
LongFin Price To Book 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 Price To Book 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 price to book 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 Omnicom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omnicom 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 Omnicom - 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 Omnicom Group to buy it.
The correlation of Omnicom 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 Omnicom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omnicom Group 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 Omnicom 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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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