AuthID Shares Owned By Insiders vs. Return On Asset

AUID Stock  USD 5.80  0.24  3.97%   
Based on the measurements of profitability obtained from AuthID's financial statements, authID Inc may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess AuthID's ability to earn profits and add value for shareholders. At present, AuthID's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's EV To Sales is expected to grow to 266.31, whereas Operating Cash Flow Sales Ratio is projected to grow to (41.80). At present, AuthID's Net Income Per E B T is projected to slightly decrease based on the last few years of reporting.
For AuthID profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AuthID to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well authID Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AuthID's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of authID Inc over time as well as its relative position and ranking within its peers.
  
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AuthID. If investors know AuthID will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AuthID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
0.079
Quarterly Revenue Growth
4.737
Return On Assets
(0.63)
Return On Equity
(1.13)
The market value of authID Inc is measured differently than its book value, which is the value of AuthID that is recorded on the company's balance sheet. Investors also form their own opinion of AuthID's value that differs from its market value or its book value, called intrinsic value, which is AuthID's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AuthID's market value can be influenced by many factors that don't directly affect AuthID's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AuthID's value and its price as these two are different measures arrived at by different means. Investors typically determine if AuthID is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AuthID's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

authID Inc Return On Asset vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AuthID's current stock value. Our valuation model uses many indicators to compare AuthID value to that of its competitors to determine the firm's financial worth.
authID Inc is number one stock in shares owned by insiders category among its peers. It is rated fourth in return on asset category among its peers . As of December 17, 2024, Return On Assets is expected to decline to -1.32. Comparative valuation analysis is a catch-all technique that is used if you cannot value AuthID 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.

AuthID Return On Asset vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

AuthID

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
18.77 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.

AuthID

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.63
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.

AuthID Return On Asset Comparison

AuthID is currently under evaluation in return on asset category among its peers.

AuthID Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AuthID, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AuthID will eventually generate negative long term returns. The profitability progress is the general direction of AuthID's change in net profit over the period of time. It can combine multiple indicators of AuthID, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income12.6 K12 K
Operating Income-10.7 M-11.3 M
Income Before Tax-19.6 M-18.6 M
Net Loss-19.4 M-18.4 M
Income Tax Expense2.9 K2.7 K
Total Other Income Expense Net-8.9 M-8.4 M
Net Interest Income-1.5 M-1.6 M
Net Loss-22.4 M-23.5 M
Net Loss-15.9 M-16.7 M
Non Operating Income Net Other-1.2 M-1.2 M
Change To Netincome5.9 M4.2 M
Net Loss(3.15)(3.31)
Income Quality 0.43  0.58 
Net Income Per E B T 0.99  1.19 

AuthID Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AuthID. 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 AuthID 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 AuthID's important profitability drivers and their relationship over time.

Use AuthID 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 AuthID 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 AuthID will appreciate offsetting losses from the drop in the long position's value.

AuthID Pair Trading

authID Inc Pair Trading Analysis

The ability to find closely correlated positions to AuthID could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AuthID 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 AuthID - 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 authID Inc to buy it.
The correlation of AuthID 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 AuthID moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if authID Inc 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 AuthID 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

Use Investing Themes to Complement your AuthID position

In addition to having AuthID 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.

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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 Agency Mbs ETFs Theme or any other thematic opportunities.
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When determining whether authID Inc is a strong investment it is important to analyze AuthID's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AuthID's future performance. For an informed investment choice regarding AuthID Stock, refer to the following important reports:
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You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
To fully project AuthID's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of authID Inc 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 AuthID's income statement, its balance sheet, and the statement of cash flows.
Potential AuthID investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AuthID investors may work on each financial statement separately, they are all related. The changes in AuthID's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AuthID's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.