Nocopi Technologies Stock Revenue
| NNUP Stock | USD 1.70 0.12 6.59% |
Nocopi Technologies fundamentals help investors to digest information that contributes to Nocopi Technologies' financial success or failures. It also enables traders to predict the movement of Nocopi OTC Stock. The fundamental analysis module provides a way to measure Nocopi Technologies' 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 Nocopi Technologies otc stock.
Nocopi |
Nocopi Technologies OTC Stock Revenue Analysis
Nocopi Technologies' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Nocopi Technologies Revenue | 1.95 M |
Most of Nocopi Technologies' fundamental indicators, such as Revenue, 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, Nocopi Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, Nocopi Technologies reported 1.95 M of revenue. This is 99.98% lower than that of the Chemicals sector and 99.96% lower than that of the Materials industry. The revenue for all United States stocks is 99.98% higher than that of the company.
Nocopi Technologies is rated top company in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 440.77 Million. Nocopi Technologies adds roughly 1.95 Million in revenue claiming only tiny portion of all equities under Materials industry.Nocopi Fundamentals
| Return On Equity | -0.078 | |||
| Return On Asset | -0.0494 | |||
| Profit Margin | (0.20) % | |||
| Operating Margin | (0.21) % | |||
| Current Valuation | 20.63 M | |||
| Shares Outstanding | 9.25 M | |||
| Shares Owned By Insiders | 71.01 % | |||
| Shares Owned By Institutions | 1.70 % | |||
| Price To Earning | 407.50 X | |||
| Price To Book | 3.86 X | |||
| Price To Sales | 12.43 X | |||
| Revenue | 1.95 M | |||
| Gross Profit | 1.21 M | |||
| EBITDA | 76.4 K | |||
| Net Income | 49.4 K | |||
| Cash And Equivalents | 1.59 M | |||
| Cash Per Share | 0.24 X | |||
| Total Debt | 92.4 K | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 10.56 X | |||
| Book Value Per Share | 0.72 X | |||
| Cash Flow From Operations | 428.2 K | |||
| Earnings Per Share | (0) X | |||
| Beta | 0.66 | |||
| Market Capitalization | 26.09 M | |||
| Total Asset | 88.3 K | |||
| Retained Earnings | (13.45 M) | |||
| Working Capital | (364 K) | |||
| Current Asset | 399 K | |||
| Current Liabilities | 763 K | |||
| Z Score | -26.42 | |||
| Net Asset | 88.3 K |
About Nocopi Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nocopi Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nocopi Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nocopi Technologies based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Nocopi Technologies
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 Nocopi Technologies 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 Nocopi Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Nocopi OTC Stock
| 0.61 | CHKEW | Chesapeake Energy Symbol Change | PairCorr |
Moving against Nocopi OTC Stock
| 0.81 | PCTTW | PureCycle Technologies | PairCorr |
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| 0.55 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.54 | MFG | Mizuho Financial | PairCorr |
The ability to find closely correlated positions to Nocopi Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nocopi Technologies 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 Nocopi Technologies - 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 Nocopi Technologies to buy it.
The correlation of Nocopi Technologies 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 Nocopi Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nocopi Technologies 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 Nocopi Technologies 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 Nocopi OTC Stock Analysis
When running Nocopi Technologies' price analysis, check to measure Nocopi Technologies' 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 Nocopi Technologies is operating at the current time. Most of Nocopi Technologies' value examination focuses on studying past and present price action to predict the probability of Nocopi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nocopi Technologies' price. Additionally, you may evaluate how the addition of Nocopi Technologies to your portfolios can decrease your overall portfolio volatility.