Based on the analysis of Wag Group's profitability, liquidity, and operating efficiency, Wag Group Co is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in January. At this time, Wag Group's Good Will is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 66.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 14.6 M in 2024. Key indicators impacting Wag Group's financial strength include:
The essential information of the day-to-day investment outlook for Wag Group includes many different criteria found on its balance sheet. An individual investor should monitor Wag Group's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Wag Group.
Please note, the imprecision that can be found in Wag Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Wag Group Co. Check Wag Group's Beneish M Score to see the likelihood of Wag Group's management manipulating its earnings.
Wag Group Stock Summary
Wag Group competes with HeartCore Enterprises, Beamr Imaging, Trust Stamp, CXApp, and Quhuo. Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. The company was founded in 2015 and is based in Purchase, New York. Wag Group operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 87 people.
Comparative valuation techniques use various fundamental indicators to help in determining Wag Group's current stock value. Our valuation model uses many indicators to compare Wag Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wag Group competition to find correlations between indicators driving Wag Group's intrinsic value. More Info.
Wag Group Co is rated below average in return on equity category among its peers. It is regarded third in return on asset category among its peers . At this time, Wag Group's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wag Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Wag Group Systematic Risk
Wag Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wag Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Wag Group correlated with the market. If Beta is less than 0 Wag Group generally moves in the opposite direction as compared to the market. If Wag Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wag Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wag Group is generally in the same direction as the market. If Beta > 1 Wag Group moves generally in the same direction as, but more than the movement of the benchmark.
Wag Group Thematic Clasifications
Wag Group Co is part of Personal Services investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Personal Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Personal Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Wag Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wag Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Wag Group growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Wag Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wag Group Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wag Group Co based on widely used predictive technical indicators. In general, we focus on analyzing Wag Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wag Group's daily price indicators and compare them against related drivers.
When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.