Obocon Inc Stock Fundamentals
| OBCN Stock | USD 0.0001 0.00 0.00% |
Obocon Inc fundamentals help investors to digest information that contributes to Obocon's financial success or failures. It also enables traders to predict the movement of Obocon Pink Sheet. The fundamental analysis module provides a way to measure Obocon'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 Obocon pink sheet.
Obocon |
Obocon Inc Company Return On Equity Analysis
Obocon's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Obocon Return On Equity | -2.0 |
Most of Obocon's fundamental indicators, such as Return On Equity, 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, Obocon Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Obocon Inc has a Return On Equity of -2.0. This is 83.37% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all United States stocks is notably higher than that of the company.
Obocon Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Obocon's current stock value. Our valuation model uses many indicators to compare Obocon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Obocon competition to find correlations between indicators driving Obocon's intrinsic value. More Info.Obocon Inc is regarded fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Obocon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Obocon's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Obocon Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Obocon's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Obocon could also be used in its relative valuation, which is a method of valuing Obocon by comparing valuation metrics of similar companies.Obocon is currently under evaluation in return on equity category among its peers.
Obocon Fundamentals
| Return On Equity | -2.0 | |||
| Return On Asset | -1.25 | |||
| Current Valuation | 880.92 K | |||
| Shares Outstanding | 33.24 M | |||
| Price To Book | 0.22 X | |||
| Gross Profit | (4.56 K) | |||
| EBITDA | 13.22 K | |||
| Net Income | (4.56 K) | |||
| Cash And Equivalents | 1.19 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 3.28 K | |||
| Beta | -0.95 | |||
| Market Capitalization | 880.92 K | |||
| Total Asset | 4.09 M | |||
| Net Asset | 4.09 M |
About Obocon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Obocon Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Obocon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Obocon Inc 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.Obocon, Inc. develops and markets parking ticket writing systems, Internet payment remittance systems, and Internet industry guides in the United States and Canada. Obocon, Inc. was founded in 1984 and is based in Denver, Colorado. Obocon operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.
Pair Trading with Obocon
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 Obocon 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 Obocon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Obocon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Obocon 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 Obocon - 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 Obocon Inc to buy it.
The correlation of Obocon 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 Obocon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obocon Inc 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 Obocon 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.Other Information on Investing in Obocon Pink Sheet
Obocon financial ratios help investors to determine whether Obocon Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Obocon with respect to the benefits of owning Obocon security.