New Generation Cash And Equivalents vs. Beta
| NGCG Stock | USD 0.0006 0.0001 14.29% |
For New Generation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Generation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Generation Consumer utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Generation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Generation Consumer over time as well as its relative position and ranking within its peers.
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New Generation Consumer Beta vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Generation's current stock value. Our valuation model uses many indicators to compare New Generation value to that of its competitors to determine the firm's financial worth. New Generation Consumer is rated below average in cash and equivalents category among its peers. It also is rated below average in beta category among its peers totaling about 0.01 of Beta per Cash And Equivalents. The ratio of Cash And Equivalents to Beta for New Generation Consumer is roughly 86.25 . 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 Generation's earnings, one of the primary drivers of an investment's value.New Beta vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
New Generation |
| = | 80 |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
New Generation |
| = | 0.93 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
New Beta Comparison
New Generation is currently under evaluation in beta category among its peers.
Beta Analysis
New Generation returns are very sensitive to returns on the market. As the market goes up or down, New Generation is expected to follow.
New Generation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Generation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Generation will eventually generate negative long term returns. The profitability progress is the general direction of New Generation's change in net profit over the period of time. It can combine multiple indicators of New Generation, 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 Generation Consumer Group, Inc., through its subsidiary Monster Marketing Group, Inc., develops, markets, sells, and distributes consumable products to consumers in North America. New Generation Consumer Group, Inc. was incorporated in 1989 and is headquartered in Los Angeles, California. New Generation operates under Shell Companies classification in the United States and is traded on OTC Exchange.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Generation. 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 Generation 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 Generation's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your New Generation position
In addition to having New Generation 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?
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Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 38 constituents at this time.
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Other Information on Investing in New Pink Sheet
To fully project New Generation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Generation Consumer 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 Generation's income statement, its balance sheet, and the statement of cash flows.