Meip Old Stock Net Income
| MEIPDelisted Stock | USD 3.07 0.18 6.23% |
As of the 23rd of January, MEIP Old secures the risk adjusted performance of 0.0851, and Mean Deviation of 5.5. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MEIP Old, as well as the relationship between them.
Analyzing historical trends in various income statement and balance sheet accounts from MEIP Old's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MEIP Old's valuation are summarized below:MEIP Old does not today have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. MEIP |
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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.
CompetitionBased on the recorded statements, MEIP Old reported net income of 17.78 M. This is 94.79% lower than that of the Biotechnology sector and 74.62% lower than that of the Health Care industry. The net income for all United States stocks is 96.89% higher than that of the company.
MEIP Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MEIP Old'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 MEIP Old could also be used in its relative valuation, which is a method of valuing MEIP Old by comparing valuation metrics of similar companies.MEIP Old is currently under evaluation in net income category among its peers.
MEIP Fundamentals
| Return On Equity | -0.9 | |||
| Return On Asset | -0.23 | |||
| Current Valuation | 59.84 M | |||
| Shares Outstanding | 32.84 M | |||
| Shares Owned By Insiders | 7.60 % | |||
| Shares Owned By Institutions | 8.12 % | |||
| Number Of Shares Shorted | 2.46 M | |||
| Price To Earning | 30.29 X | |||
| Price To Book | 5.02 X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 65.3 M | |||
| Gross Profit | (5.59 M) | |||
| EBITDA | 18.16 M | |||
| Net Income | 17.78 M | |||
| Cash And Equivalents | 153.25 M | |||
| Cash Per Share | 1.15 X | |||
| Total Debt | 8.36 M | |||
| Debt To Equity | 0.18 % | |||
| Current Ratio | 6.84 X | |||
| Book Value Per Share | 2.93 X | |||
| Cash Flow From Operations | (50.47 M) | |||
| Short Ratio | 0.89 X | |||
| Earnings Per Share | (4.75) X | |||
| Price To Earnings To Growth | 20.60 X | |||
| Target Price | 20.0 | |||
| Number Of Employees | 28 | |||
| Beta | 0.22 | |||
| Market Capitalization | 91.29 M | |||
| Total Asset | 41.38 M | |||
| Retained Earnings | (388.22 M) | |||
| Working Capital | 32.41 M | |||
| Current Asset | 46.75 M | |||
| Current Liabilities | 5.51 M | |||
| Net Asset | 41.38 M |
About MEIP Old Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MEIP Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEIP Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEIP Old 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 MEIP Old
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 MEIP Old 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 MEIP Old will appreciate offsetting losses from the drop in the long position's value.Moving together with MEIP Stock
Moving against MEIP Stock
| 0.64 | BKRKY | Bank Rakyat | PairCorr |
| 0.61 | PG | Procter Gamble | PairCorr |
| 0.56 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.37 | HPQ | HP Inc | PairCorr |
The ability to find closely correlated positions to MEIP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MEIP Old 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 MEIP Old - 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 MEIP Old to buy it.
The correlation of MEIP Old 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 MEIP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MEIP Old 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 MEIP Old 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in MEIP Stock
If you are still planning to invest in MEIP Old 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 MEIP Old's history and understand the potential risks before investing.
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