Hop On Market Capitalization vs. Current Liabilities
| HPNN Stock | USD 0.0008 0.00 0.00% |
For Hop On profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hop On to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hop On Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hop On's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hop On Inc over time as well as its relative position and ranking within its peers.
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Hop On Inc Current Liabilities vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hop On's current stock value. Our valuation model uses many indicators to compare Hop On value to that of its competitors to determine the firm's financial worth. Hop On Inc is one of the top stocks in market capitalization category among its peers. It also is one of the top stocks in current liabilities category among its peers creating about 0.27 of Current Liabilities per Market Capitalization. The ratio of Market Capitalization to Current Liabilities for Hop On Inc is roughly 3.73 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hop On by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hop On'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.Hop Market Capitalization vs. Competition
Hop On Inc is one of the top stocks in market capitalization category among its peers. Market capitalization of Communication Equipment industry is currently estimated at about 9.53 Billion. Hop On adds roughly 5.96 Million in market capitalization claiming only tiny portion of stocks in Communication Equipment industry.
Hop Current Liabilities vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Hop On |
| = | 5.96 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Hop On |
| = | 1.6 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Hop Current Liabilities Comparison
Hop On is currently under evaluation in current liabilities category among its peers.
Hop On Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hop On, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hop On will eventually generate negative long term returns. The profitability progress is the general direction of Hop On's change in net profit over the period of time. It can combine multiple indicators of Hop On, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Hop-On Inc. develops and manufactures electronic products, distributed software, and telecommunications hardware and services in the United States and China. Hop-On Inc. was incorporated in 1993 and is headquartered in Temecula, California. Hop On operates under Communication Equipment classification in the United States and is traded on OTC Exchange.
Hop Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hop On. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hop On position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hop On's important profitability drivers and their relationship over time.
Use Hop On in pair-trading
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 Hop On 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 Hop On will appreciate offsetting losses from the drop in the long position's value.Hop On Pair Trading
Hop On Inc Pair Trading Analysis
The ability to find closely correlated positions to Hop On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hop On 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 Hop On - 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 Hop On Inc to buy it.
The correlation of Hop On 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 Hop On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hop On 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 Hop On 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.Use Investing Themes to Complement your Hop On position
In addition to having Hop On in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Hop Pink Sheet
To fully project Hop On's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hop On Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hop On's income statement, its balance sheet, and the statement of cash flows.