World Of Total Asset vs. Current Ratio
| WWII Stock | USD 0.0001 0.00 0.00% |
For World Of profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Of to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World of Wireless utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Of's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World of Wireless over time as well as its relative position and ranking within its peers.
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World of Wireless Current Ratio vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Of's current stock value. Our valuation model uses many indicators to compare World Of value to that of its competitors to determine the firm's financial worth. World of Wireless is rated third in total asset category among its peers. It is rated third in current ratio category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value World Of by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for World Of'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.World Current Ratio vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
World Of |
| = | (4.04 K) |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
World Of |
| = | 0.02 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).
World Current Ratio Comparison
World Of is currently under evaluation in current ratio category among its peers.
World Of Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Of, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Of will eventually generate negative long term returns. The profitability progress is the general direction of World Of's change in net profit over the period of time. It can combine multiple indicators of World Of, 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.
World Of Wireless International Telecom, Inc., a development stage company, is a facility-based international communications company operating in the wireless communications industry. World Of Wireless International Telecom, Inc. was founded in 1989 and is based in Aliso Viejo, California. World Of operates under Telecom Services classification in the United States and is traded on OTC Exchange.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Of. 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 World Of 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 World Of's important profitability drivers and their relationship over time.
Use World Of 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 World Of 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 World Of will appreciate offsetting losses from the drop in the long position's value.World Of Pair Trading
World of Wireless Pair Trading Analysis
The ability to find closely correlated positions to World Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Of 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 World Of - 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 World of Wireless to buy it.
The correlation of World Of 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 World Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World of Wireless 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 World Of 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 World Of position
In addition to having World Of 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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Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
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Other Information on Investing in World Pink Sheet
To fully project World Of's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World of Wireless 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 World Of's income statement, its balance sheet, and the statement of cash flows.