New Tech Capital Stock EBITDA
| NTC Stock | 0.82 0.01 1.23% |
New Tech Capital fundamentals help investors to digest information that contributes to New Tech's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Tech'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 New Tech stock.
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New Tech Capital Company EBITDA Analysis
New Tech's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current New Tech EBITDA | 120.37 K |
Most of New Tech's fundamental indicators, such as EBITDA, 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, New Tech Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, New Tech Capital reported earnings before interest,tax, depreciation and amortization of 120.37 K. This is much higher than that of the sector and significantly higher than that of the Capital Markets industry. The ebitda for all Poland stocks is notably lower than that of the firm.
New EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Tech's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Tech could also be used in its relative valuation, which is a method of valuing New Tech by comparing valuation metrics of similar companies.New Tech is currently under evaluation in ebitda category among its peers.
New Fundamentals
| Return On Equity | 0.0089 | |||
| Return On Asset | 0.0025 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 13.66 M | |||
| Shares Outstanding | 14.46 M | |||
| Shares Owned By Insiders | 75.80 % | |||
| Price To Book | 2.80 X | |||
| Price To Sales | 1.93 X | |||
| Revenue | 6.38 M | |||
| Gross Profit | (417.19 K) | |||
| EBITDA | 120.37 K | |||
| Book Value Per Share | 1.29 X | |||
| Beta | -0.66 | |||
| Market Capitalization | 11.71 M |
About New Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Tech Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Tech Capital 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 New Tech
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 New Tech 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 New Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with New Stock
Moving against New Stock
| 0.68 | DNP | Dino Polska SA | PairCorr |
| 0.63 | UCG | UniCredit SpA | PairCorr |
| 0.58 | CEZ | CEZ as | PairCorr |
| 0.49 | SAN | Banco Santander SA | PairCorr |
| 0.45 | XTB | X Trade Brokers | PairCorr |
The ability to find closely correlated positions to New Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Tech 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 New Tech - 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 New Tech Capital to buy it.
The correlation of New Tech 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 New Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Tech Capital 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 New Tech 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 New Stock Analysis
When running New Tech's price analysis, check to measure New Tech'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 New Tech is operating at the current time. Most of New Tech's value examination focuses on studying past and present price action to predict the probability of New Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Tech's price. Additionally, you may evaluate how the addition of New Tech to your portfolios can decrease your overall portfolio volatility.