Tecogen Financial Statements From 2010 to 2024
| TGENDelisted Stock | USD 1.07 0.05 4.46% |
Check Tecogen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecogen's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tecogen financial statements analysis is a perfect complement when working with Tecogen Valuation or Volatility modules.
Tecogen |
Tecogen OTC Stock Return On Equity Analysis
Tecogen's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tecogen Return On Equity | -0.0436 |
Most of Tecogen's fundamental indicators, such as Return On Equity, 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, Tecogen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Tecogen has a Return On Equity of -0.0436. This is 109.91% lower than that of the Building Products sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is 85.94% lower than that of the firm.
Tecogen Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tecogen's current stock value. Our valuation model uses many indicators to compare Tecogen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tecogen competition to find correlations between indicators driving Tecogen's intrinsic value. More Info.Tecogen is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tecogen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tecogen's OTC Stock. 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 Tecogen Financial Statements
Tecogen investors utilize fundamental indicators, such as revenue or net income, to predict how Tecogen OTC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Tecogen Inc. designs, manufactures, markets, and maintains industrial and commercial cogeneration systems for residential, commercial, recreational, and industrial use in the United States and internationally. The company was incorporated in 2000 and is headquartered in Waltham, Massachusetts. Tecogen operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 77 people.
Pair Trading with Tecogen
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 Tecogen 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 Tecogen will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Tecogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecogen 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 Tecogen - 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 Tecogen to buy it.
The correlation of Tecogen 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 Tecogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecogen 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 Tecogen 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in income. Note that the Tecogen information on this page should be used as a complementary analysis to other Tecogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Tecogen OTC Stock
If you are still planning to invest in Tecogen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tecogen's history and understand the potential risks before investing.
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