Tiger Reef Stock Price To Earning
| TGRR Stock | USD 0.0001 0.00 0.00% |
Tiger Reef fundamentals help investors to digest information that contributes to Tiger Reef's financial success or failures. It also enables traders to predict the movement of Tiger Pink Sheet. The fundamental analysis module provides a way to measure Tiger Reef'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 Tiger Reef pink sheet.
Tiger |
Tiger Reef Company Price To Earning Analysis
Tiger Reef's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Tiger Reef Price To Earning | (1.37) X |
Most of Tiger Reef's fundamental indicators, such as Price To Earning, 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, Tiger Reef is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Tiger Reef has a Price To Earning of -1.37 times. This is 106.53% lower than that of the Consumer Defensive sector and significantly lower than that of the Beverages—Wineries & Distilleries industry. The price to earning for all United States stocks is 104.77% higher than that of the company.
Tiger Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tiger Reef's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tiger Reef could also be used in its relative valuation, which is a method of valuing Tiger Reef by comparing valuation metrics of similar companies.Tiger Reef is currently under evaluation in price to earning category among its peers.
Tiger Fundamentals
| Current Valuation | 13.68 K | |||
| Shares Outstanding | 22.79 M | |||
| Shares Owned By Institutions | 1.95 % | |||
| Price To Earning | (1.37) X | |||
| Price To Book | 98.49 X | |||
| Net Income | (195.34 K) | |||
| Cash And Equivalents | 223 | |||
| Total Debt | 391.77 K | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (113.82 K) | |||
| Earnings Per Share | (0) X | |||
| Beta | 68.37 | |||
| Market Capitalization | 13.68 K | |||
| Total Asset | 80 | |||
| Net Asset | 80 |
About Tiger Reef Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tiger Reef's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tiger Reef using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tiger Reef 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 Tiger Reef
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 Tiger Reef 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 Tiger Reef will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Tiger Reef could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tiger Reef 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 Tiger Reef - 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 Tiger Reef to buy it.
The correlation of Tiger Reef 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 Tiger Reef moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tiger Reef 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 Tiger Reef 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 Tiger Pink Sheet Analysis
When running Tiger Reef's price analysis, check to measure Tiger Reef'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 Tiger Reef is operating at the current time. Most of Tiger Reef's value examination focuses on studying past and present price action to predict the probability of Tiger Reef's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiger Reef's price. Additionally, you may evaluate how the addition of Tiger Reef to your portfolios can decrease your overall portfolio volatility.