Virtual Interactive Technologies Stock Fundamentals
| VRVR Stock | USD 0.0003 0.00 0.00% |
Fundamental analysis of Virtual Interactive allows traders to better anticipate movements in Virtual Interactive's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Virtual Interactive Technologies Company Return On Equity Analysis
Virtual Interactive'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 Virtual Interactive Return On Equity | -17.58 |
Most of Virtual Interactive'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, Virtual Interactive Technologies 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, Virtual Interactive Technologies has a Return On Equity of -17.5845. This is 269.41% lower than that of the Communication Services sector and significantly lower than that of the Electronic Gaming & Multimedia industry. The return on equity for all United States stocks is notably higher than that of the company.
Virtual Interactive Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtual Interactive's current stock value. Our valuation model uses many indicators to compare Virtual Interactive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtual Interactive competition to find correlations between indicators driving Virtual Interactive's intrinsic value. More Info.Virtual Interactive Technologies is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtual Interactive's earnings, one of the primary drivers of an investment's value.Virtual Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virtual Interactive'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 Virtual Interactive could also be used in its relative valuation, which is a method of valuing Virtual Interactive by comparing valuation metrics of similar companies.Virtual Interactive is currently under evaluation in return on equity category among its peers.
Virtual Fundamentals
| Return On Equity | -17.58 | |||
| Return On Asset | -0.57 | |||
| Operating Margin | (8.74) % | |||
| Current Valuation | 11.1 M | |||
| Shares Outstanding | 8.31 M | |||
| Shares Owned By Insiders | 18.79 % | |||
| Price To Earning | 238.00 X | |||
| Price To Sales | 79.17 X | |||
| Revenue | 130.63 K | |||
| Gross Profit | 130.63 K | |||
| EBITDA | (1.14 M) | |||
| Net Income | (1.67 M) | |||
| Cash And Equivalents | 72.68 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 10 K | |||
| Current Ratio | 0.18 X | |||
| Book Value Per Share | 0.1 X | |||
| Cash Flow From Operations | (464.44 K) | |||
| Earnings Per Share | (0.08) X | |||
| Beta | -0.16 | |||
| Market Capitalization | 10.85 M | |||
| Total Asset | 2.11 M | |||
| Net Asset | 2.11 M |
About Virtual Interactive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtual Interactive Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtual Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtual Interactive Technologies 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.Virtual Interactive Technologies Corp. provides financing solutions for independent video game developers worldwide. Virtual Interactive Technologies Corp. was founded in 2016 and is headquartered in Denver, Colorado. Virtual Interactive operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange.
Pair Trading with Virtual Interactive
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 Virtual Interactive 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 Virtual Interactive will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Virtual Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Virtual Interactive 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 Virtual Interactive - 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 Virtual Interactive Technologies to buy it.
The correlation of Virtual Interactive 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 Virtual Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Virtual Interactive 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 Virtual Interactive 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 Virtual Pink Sheet Analysis
When running Virtual Interactive's price analysis, check to measure Virtual Interactive'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 Virtual Interactive is operating at the current time. Most of Virtual Interactive's value examination focuses on studying past and present price action to predict the probability of Virtual Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtual Interactive's price. Additionally, you may evaluate how the addition of Virtual Interactive to your portfolios can decrease your overall portfolio volatility.