Mike The Pike Stock Current Ratio
MIKPDelisted Stock | USD 0.0002 0.00 0.00% |
Mike The Pike fundamentals help investors to digest information that contributes to Mike Pike's financial success or failures. It also enables traders to predict the movement of Mike Pink Sheet. The fundamental analysis module provides a way to measure Mike Pike'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 Mike Pike pink sheet.
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Mike The Pike Company Current Ratio Analysis
Mike Pike's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Mike The Pike has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Communication Services sector and about the same as Entertainment (which currently averages 0.0) industry. The current ratio for all United States stocks is 100.0% higher than that of the company.
Mike Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mike Pike's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Mike Pike could also be used in its relative valuation, which is a method of valuing Mike Pike by comparing valuation metrics of similar companies.Mike Pike is currently under evaluation in current ratio category among its peers.
Mike Fundamentals
Current Valuation | 1.15 M | |||
Shares Outstanding | 2.24 B | |||
EBITDA | (119.11 K) | |||
Net Income | (281.63 K) | |||
Book Value Per Share | (0) X | |||
Cash Flow From Operations | (15.59 K) | |||
Beta | 8.36 | |||
Market Capitalization | 1.35 M | |||
Total Asset | 390.98 K | |||
Retained Earnings | (3.02 M) | |||
Working Capital | (2.15 M) | |||
Current Liabilities | 2.15 M | |||
Z Score | -15.8 | |||
Net Asset | 390.98 K |
About Mike Pike Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mike The Pike's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mike Pike using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mike The Pike 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 Mike Pike
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 Mike Pike 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 Mike Pike will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mike Pike could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mike Pike 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 Mike Pike - 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 Mike The Pike to buy it.
The correlation of Mike Pike 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 Mike Pike moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mike The Pike 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 Mike Pike 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 industry. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Mike Pink Sheet
If you are still planning to invest in Mike The Pike 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 Mike Pike's history and understand the potential risks before investing.
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