Wegener Stock Holdings Turnover
| WGNRDelisted Stock | USD 0.04 0.00 0.00% |
Wegener fundamentals help investors to digest information that contributes to Wegener's financial success or failures. It also enables traders to predict the movement of Wegener Pink Sheet. The fundamental analysis module provides a way to measure Wegener'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 Wegener pink sheet.
Wegener |
Wegener Company Holdings Turnover Analysis
Wegener's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
CompetitionAccording to the company disclosure, Wegener has a Holdings Turnover of 0.0%. This indicator is about the same for the Communications Equipment average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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Wegener Fundamentals
| Return On Asset | -0.34 | ||||
| Profit Margin | (0.52) % | ||||
| Operating Margin | (0.40) % | ||||
| Current Valuation | 657.35 K | ||||
| Shares Outstanding | 13.15 M | ||||
| Shares Owned By Institutions | 3.17 % | ||||
| Number Of Shares Shorted | 28.96 K | ||||
| Price To Earning | (0.11) X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 3.4 M | ||||
| Gross Profit | 1.18 M | ||||
| EBITDA | (1.08 M) | ||||
| Net Income | (55.92 K) | ||||
| Cash And Equivalents | 514 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 4.25 M | ||||
| Current Ratio | 0.10 X | ||||
| Book Value Per Share | (0.56) X | ||||
| Cash Flow From Operations | 180.83 K | ||||
| Short Ratio | 1.07 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Number Of Employees | 21 | ||||
| Beta | -0.98 | ||||
| Market Capitalization | 657.35 K | ||||
| Total Asset | 2.05 M | ||||
| Retained Earnings | (26.81 M) | ||||
| Working Capital | (6 M) | ||||
| Current Asset | 1.09 M | ||||
| Current Liabilities | 7.08 M | ||||
| Z Score | -19.6 | ||||
| Net Asset | 2.05 M |
About Wegener Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wegener's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wegener using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wegener 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 Wegener
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 Wegener 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 Wegener will appreciate offsetting losses from the drop in the long position's value.Moving together with Wegener Pink Sheet
Moving against Wegener Pink Sheet
| 0.82 | OCC | Optical Cable Earnings Call This Week | PairCorr |
| 0.78 | FOXX | Foxx Development Holdings Trending | PairCorr |
| 0.77 | DZSI | DZS Inc | PairCorr |
| 0.68 | VISL | Vislink Technologies | PairCorr |
| 0.66 | INSG | Inseego Corp | PairCorr |
The ability to find closely correlated positions to Wegener could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wegener 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 Wegener - 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 Wegener to buy it.
The correlation of Wegener 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 Wegener moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wegener 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 Wegener 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.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Wegener Pink Sheet
If you are still planning to invest in Wegener check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Wegener's history and understand the potential risks before investing.
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