New Asia Current Ratio vs. Current Valuation

NAHD Stock  USD 0.03  0.00  0.00%   
Based on the key profitability measurements obtained from New Asia's financial statements, New Asia Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess New Asia's ability to earn profits and add value for shareholders.
For New Asia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Asia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Asia Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Asia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Asia Holdings over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between New Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Asia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

New Asia Holdings Current Valuation vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining New Asia's current stock value. Our valuation model uses many indicators to compare New Asia value to that of its competitors to determine the firm's financial worth.
New Asia Holdings is considered to be number one stock in current ratio category among its peers. It also is rated top company in current valuation category among its peers reporting about  195,482,133  of Current Valuation per Current Ratio. 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 New Asia's earnings, one of the primary drivers of an investment's value.

New Current Valuation vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

New Asia

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.03 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

New Asia

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
5.86 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

New Current Valuation vs Competition

New Asia Holdings is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software—Application industry is now estimated at about 66.52 Billion. New Asia adds roughly 5.86 Million in current valuation claiming only tiny portion of equities listed under Software—Application industry.

New Asia Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in New Asia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Asia will eventually generate negative long term returns. The profitability progress is the general direction of New Asia's change in net profit over the period of time. It can combine multiple indicators of New Asia, 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.
New Asia Holdings, Inc. develops and provides neural trading models for the financial community. New Asia Holdings, Inc. was incorporated in 2001 and is headquartered in Singapore. New Asia is traded on OTC Exchange in the United States.

New Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on New Asia. 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 New Asia 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 New Asia's important profitability drivers and their relationship over time.

Use New Asia 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 New Asia 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 New Asia will appreciate offsetting losses from the drop in the long position's value.

New Asia Pair Trading

New Asia Holdings Pair Trading Analysis

The ability to find closely correlated positions to New Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Asia 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 New Asia - 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 New Asia Holdings to buy it.
The correlation of New Asia 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 New Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Asia Holdings 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 New Asia 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your New Asia position

In addition to having New Asia 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 Recreation Thematic Idea Now

Recreation
Recreation Theme
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in New Pink Sheet

To fully project New Asia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Asia Holdings 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 New Asia's income statement, its balance sheet, and the statement of cash flows.
Potential New Asia investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although New Asia investors may work on each financial statement separately, they are all related. The changes in New Asia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Asia's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.