Logiq Inc Stock Return On Equity
| LGIQ Stock | USD 0.02 0 5.88% |
Logiq Inc fundamentals help investors to digest information that contributes to Logiq's financial success or failures. It also enables traders to predict the movement of Logiq Pink Sheet. The fundamental analysis module provides a way to measure Logiq'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 Logiq pink sheet.
Logiq |
Logiq Inc Company Return On Equity Analysis
Logiq's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Logiq Return On Equity | -0.96 |
Most of Logiq's fundamental indicators, such as Return On Equity, 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, Logiq Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Logiq Inc has a Return On Equity of -0.9649. This is 91.98% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all United States stocks is notably higher than that of the company.
Logiq Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Logiq's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Logiq could also be used in its relative valuation, which is a method of valuing Logiq by comparing valuation metrics of similar companies.Logiq is currently under evaluation in return on equity category among its peers.
Logiq Fundamentals
| Return On Equity | -0.96 | |||
| Return On Asset | -0.49 | |||
| Profit Margin | (0.77) % | |||
| Operating Margin | (0.77) % | |||
| Current Valuation | 18.16 M | |||
| Shares Outstanding | 47.36 M | |||
| Shares Owned By Insiders | 3.65 % | |||
| Shares Owned By Institutions | 8.25 % | |||
| Price To Book | 1.30 X | |||
| Price To Sales | 0.61 X | |||
| Revenue | 37.35 M | |||
| Gross Profit | 11.06 M | |||
| EBITDA | (16.81 M) | |||
| Net Income | (20.13 M) | |||
| Cash And Equivalents | 848.54 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 10 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.90 X | |||
| Book Value Per Share | 0.39 X | |||
| Cash Flow From Operations | (16.86 M) | |||
| Earnings Per Share | (0.84) X | |||
| Target Price | 2.1 | |||
| Number Of Employees | 37 | |||
| Beta | 0.79 | |||
| Market Capitalization | 13.97 M | |||
| Total Asset | 34.19 M | |||
| Net Asset | 34.19 M |
About Logiq Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Logiq Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Logiq using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Logiq Inc 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 Logiq
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 Logiq 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 Logiq will appreciate offsetting losses from the drop in the long position's value.Moving against Logiq Pink Sheet
| 0.79 | STLD | Steel Dynamics Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | CRM | Salesforce Earnings Call Tomorrow | PairCorr |
| 0.75 | CRWD | Crowdstrike Holdings Earnings Call Today | PairCorr |
| 0.74 | ADSK | Autodesk | PairCorr |
| 0.73 | SAPGF | SAP SE | PairCorr |
The ability to find closely correlated positions to Logiq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logiq 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 Logiq - 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 Logiq Inc to buy it.
The correlation of Logiq 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 Logiq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logiq Inc 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 Logiq 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 Logiq Pink Sheet Analysis
When running Logiq's price analysis, check to measure Logiq'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 Logiq is operating at the current time. Most of Logiq's value examination focuses on studying past and present price action to predict the probability of Logiq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logiq's price. Additionally, you may evaluate how the addition of Logiq to your portfolios can decrease your overall portfolio volatility.