TransGlobal Assets Total Debt vs. Beta
| TMSH Stock | USD 0.0002 0.00 0.00% |
For TransGlobal Assets profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TransGlobal Assets to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TransGlobal Assets utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TransGlobal Assets's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TransGlobal Assets over time as well as its relative position and ranking within its peers.
TransGlobal |
TransGlobal Assets Beta vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TransGlobal Assets's current stock value. Our valuation model uses many indicators to compare TransGlobal Assets value to that of its competitors to determine the firm's financial worth. TransGlobal Assets is rated second in total debt category among its peers. It is rated below average in beta category among its peers . The ratio of Total Debt to Beta for TransGlobal Assets is about 1,388,889 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TransGlobal Assets by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TransGlobal Assets' 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.TransGlobal Total Debt vs. Competition
TransGlobal Assets is rated second in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is at this time estimated at about 6.53 Million. TransGlobal Assets retains roughly 1.23 Million in total debt claiming about 19% of equities under Drug Manufacturers—Specialty & Generic industry.
TransGlobal Beta vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
TransGlobal Assets |
| = | 1.23 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
TransGlobal Assets |
| = | 0.89 |
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.
TransGlobal Beta Comparison
TransGlobal Assets is currently under evaluation in beta category among its peers.
Beta Analysis
TransGlobal Assets returns are very sensitive to returns on the market. As the market goes up or down, TransGlobal Assets is expected to follow.
TransGlobal Assets Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TransGlobal Assets, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TransGlobal Assets will eventually generate negative long term returns. The profitability progress is the general direction of TransGlobal Assets' change in net profit over the period of time. It can combine multiple indicators of TransGlobal Assets, 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.
TransGlobal Assets Inc., together with its subsidiaries, distributes motor vehicle fuel and tobacco products to retail outlets in the State of Oregon. TransGlobal Assets Inc. was founded in 2005 and is based in Cheyenne, Wyoming. Transglobal Assets is traded on OTC Exchange in the United States.
TransGlobal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TransGlobal Assets. 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 TransGlobal Assets 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 TransGlobal Assets' important profitability drivers and their relationship over time.
Use TransGlobal Assets 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 TransGlobal Assets 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 TransGlobal Assets will appreciate offsetting losses from the drop in the long position's value.TransGlobal Assets Pair Trading
TransGlobal Assets Pair Trading Analysis
The ability to find closely correlated positions to TransGlobal Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransGlobal Assets 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 TransGlobal Assets - 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 TransGlobal Assets to buy it.
The correlation of TransGlobal Assets 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 TransGlobal Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransGlobal Assets 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 TransGlobal Assets 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 TransGlobal Assets position
In addition to having TransGlobal Assets 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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Other Information on Investing in TransGlobal Pink Sheet
To fully project TransGlobal Assets' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TransGlobal Assets 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 TransGlobal Assets' income statement, its balance sheet, and the statement of cash flows.