Micro Imaging Earnings Per Share vs. Cash And Equivalents
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For Micro Imaging profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Micro Imaging to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Micro Imaging Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Micro Imaging's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Micro Imaging Technology over time as well as its relative position and ranking within its peers.
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Micro Imaging Technology Cash And Equivalents vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Micro Imaging's current stock value. Our valuation model uses many indicators to compare Micro Imaging value to that of its competitors to determine the firm's financial worth. Micro Imaging Technology is considered to be number one stock in earnings per share category among its peers. It also is considered to be number one stock in cash and equivalents category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Micro Imaging by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Micro Imaging'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.Micro Cash And Equivalents vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Micro Cash And Equivalents Comparison
Micro Imaging is currently under evaluation in cash and equivalents category among its peers.
Micro Imaging Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Micro Imaging, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Micro Imaging will eventually generate negative long term returns. The profitability progress is the general direction of Micro Imaging's change in net profit over the period of time. It can combine multiple indicators of Micro Imaging, 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.
Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical industries in the United States. Micro Imaging Technology, Inc. was incorporated in 1979 and is headquartered in San Clemente, California. Micro Imaging operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 5 people.
Micro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Micro Imaging. 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 Micro Imaging 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 Micro Imaging's important profitability drivers and their relationship over time.
Use Micro Imaging 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 Micro Imaging 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 Micro Imaging will appreciate offsetting losses from the drop in the long position's value.Micro Imaging Pair Trading
Micro Imaging Technology Pair Trading Analysis
The ability to find closely correlated positions to Micro Imaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Micro Imaging 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 Micro Imaging - 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 Micro Imaging Technology to buy it.
The correlation of Micro Imaging 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 Micro Imaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Micro Imaging Technology 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 Micro Imaging 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.Use Investing Themes to Complement your Micro Imaging position
In addition to having Micro Imaging 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.Did You Try This Idea?
Run Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 constituents at this time.
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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Micro Pink Sheet
To fully project Micro Imaging's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Micro Imaging Technology 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 Micro Imaging's income statement, its balance sheet, and the statement of cash flows.