Cemtrex Pref Preferred Stock Net Asset

CETXPDelisted Preferred Stock  USD 0.85  0.09  11.84%   
Cemtrex Pref fundamentals help investors to digest information that contributes to Cemtrex Pref's financial success or failures. It also enables traders to predict the movement of Cemtrex Preferred Stock. The fundamental analysis module provides a way to measure Cemtrex Pref's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cemtrex Pref preferred stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cemtrex Pref Company Net Asset Analysis

Cemtrex Pref's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Cemtrex Pref Net Asset

    
  45.76 M  
Most of Cemtrex Pref's fundamental indicators, such as Net 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, Cemtrex Pref is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Based on the recorded statements, Cemtrex Pref has a Net Asset of 45.76 M. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The net asset for all United States preferred stocks is notably lower than that of the firm.

Cemtrex Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cemtrex Pref's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Cemtrex Pref could also be used in its relative valuation, which is a method of valuing Cemtrex Pref by comparing valuation metrics of similar companies.
Cemtrex Pref is currently under evaluation in net asset category among its peers.

Cemtrex Fundamentals

About Cemtrex Pref Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cemtrex Pref's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cemtrex Pref using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cemtrex Pref based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Cemtrex Pref

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 Cemtrex Pref 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 Cemtrex Pref will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cemtrex Preferred Stock

  0.79S SentinelOnePairCorr

Moving against Cemtrex Preferred Stock

  0.74VRAR Glimpse GroupPairCorr
  0.7VRNT Verint Systems Earnings Call This WeekPairCorr
  0.53FAAS DigiAsia Corp Symbol ChangePairCorr
  0.36MQ MarqetaPairCorr
  0.32VRNS Varonis SystemsPairCorr
The ability to find closely correlated positions to Cemtrex Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemtrex Pref 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 Cemtrex Pref - 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 Cemtrex Pref to buy it.
The correlation of Cemtrex Pref 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 Cemtrex Pref moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemtrex Pref 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 Cemtrex Pref 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Consideration for investing in Cemtrex Preferred Stock

If you are still planning to invest in Cemtrex Pref 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 Cemtrex Pref's history and understand the potential risks before investing.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope