Light Management Group Stock Net Income
| LMGR Stock | USD 0.0001 0.00 0.00% |
Fundamental analysis of Light Management allows traders to better anticipate movements in Light Management's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -5.4 M | -5.7 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Net Loss | -6.1 M | -6.4 M | |
| Net Loss | (0.34) | (0.36) | |
| Net Income Per E B T | 0.88 | 0.78 |
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Light Management Group Company Net Income Analysis
Light Management'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 Light Management Net Income | (6.76 M) |
Most of Light Management'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, Light Management Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Light Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Light Management is extremely important. It helps to project a fair market value of Light Stock properly, considering its historical fundamentals such as Net Income. Since Light Management's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Light Management's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Light Management's interrelated accounts and indicators.
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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.
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Light Operating Income
Operating Income |
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Based on the recorded statements, Light Management Group reported net income of (6.76 Million). This is 101.25% lower than that of the Electronic Equipment, Instruments & Components sector and 102.53% lower than that of the Information Technology industry. The net income for all United States stocks is 101.18% higher than that of the company.
Light Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Light Management's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Light Management could also be used in its relative valuation, which is a method of valuing Light Management by comparing valuation metrics of similar companies.Light Management is currently under evaluation in net income category among its peers.
Light Fundamentals
| Return On Equity | -91.11 | ||||
| Return On Asset | -1.04 | ||||
| Operating Margin | (6.28) % | ||||
| Current Valuation | 1.59 M | ||||
| Price To Sales | 2.56 X | ||||
| Revenue | 1.1 M | ||||
| Gross Profit | (405.93 K) | ||||
| EBITDA | (4.51 M) | ||||
| Net Income | (6.76 M) | ||||
| Cash And Equivalents | 2.43 K | ||||
| Total Debt | 77 K | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | (0.05) X | ||||
| Cash Flow From Operations | (742.38 K) | ||||
| Beta | -113.81 | ||||
| Market Capitalization | 1.47 M | ||||
| Total Asset | 2.5 M | ||||
| Retained Earnings | (18.4 M) | ||||
| Working Capital | (2.31 M) | ||||
| Current Asset | 625 K | ||||
| Current Liabilities | 2.93 M | ||||
| Net Asset | 2.5 M |
About Light Management Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Light Management Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Light Management using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Light Management Group 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 Light Management
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 Light Management 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 Light Management will appreciate offsetting losses from the drop in the long position's value.Moving against Light Stock
The ability to find closely correlated positions to Light Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Light Management 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 Light Management - 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 Light Management Group to buy it.
The correlation of Light Management 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 Light Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Light Management 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 Light Management 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 Light Stock Analysis
When running Light Management's price analysis, check to measure Light Management'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 Light Management is operating at the current time. Most of Light Management's value examination focuses on studying past and present price action to predict the probability of Light Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Management's price. Additionally, you may evaluate how the addition of Light Management to your portfolios can decrease your overall portfolio volatility.