New Financial Statements From 2010 to 2024
| NNAX Stock | USD 0.0005 0.00 0.00% |
Check New Momentum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Momentum's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Momentum Valuation or Volatility modules.
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New Momentum Company Return On Asset Analysis
New Momentum's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current New Momentum Return On Asset | -1.25 |
Most of New Momentum's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Momentum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, New Momentum has a Return On Asset of -1.2454. This is 214.26% lower than that of the Consumer Cyclical sector and significantly lower than that of the Travel Services industry. The return on asset for all United States stocks is notably higher than that of the company.
New Momentum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Momentum's current stock value. Our valuation model uses many indicators to compare New Momentum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Momentum competition to find correlations between indicators driving New Momentum's intrinsic value. More Info.New Momentum is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value New Momentum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Momentum'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.About New Momentum Financial Statements
New Momentum investors use historical fundamental indicators, such as New Momentum's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Momentum. Please read more on our technical analysis and fundamental analysis pages.
New Momentum Corporation develops and operates an online ticketing platform under the Gagfare.com name. The company also offers its services through Gagfare mobile application. New Momentum is traded on OTC Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for New Pink Sheet Analysis
When running New Momentum's price analysis, check to measure New Momentum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Momentum is operating at the current time. Most of New Momentum's value examination focuses on studying past and present price action to predict the probability of New Momentum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Momentum's price. Additionally, you may evaluate how the addition of New Momentum to your portfolios can decrease your overall portfolio volatility.