World Poker Current Asset vs. Working Capital
| WPFH Stock | USD 3.46 0.23 6.23% |
For World Poker profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Poker to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Poker Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Poker's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Poker Fund over time as well as its relative position and ranking within its peers.
World |
World Poker Fund Working Capital vs. Current Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Poker's current stock value. Our valuation model uses many indicators to compare World Poker value to that of its competitors to determine the firm's financial worth. World Poker Fund is rated first in current asset category among its peers. It is rated first in working capital category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value World Poker by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for World Poker'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.World Working Capital vs. Current Asset
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
World Poker |
| = | 190 K |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
World Poker |
| = | (785 K) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
World Poker Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Poker, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Poker will eventually generate negative long term returns. The profitability progress is the general direction of World Poker's change in net profit over the period of time. It can combine multiple indicators of World Poker, 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.
World Poker Fund Holdings, Inc., engages in development and operation of on-line technology, gaming platforms, and brands. World Poker Fund Holdings, Inc. was incorporated in 2002 and is based in Los Angeles, California. World Poker operates under Gambling classification in the United States and is traded on OTC Exchange.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Poker. 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 World Poker 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 World Poker's important profitability drivers and their relationship over time.
Use World Poker 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 World Poker 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 World Poker will appreciate offsetting losses from the drop in the long position's value.World Poker Pair Trading
World Poker Fund Pair Trading Analysis
The ability to find closely correlated positions to World Poker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Poker 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 World Poker - 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 World Poker Fund to buy it.
The correlation of World Poker 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 World Poker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Poker Fund 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 World Poker 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 World Poker position
In addition to having World Poker 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
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Other Information on Investing in World Pink Sheet
To fully project World Poker's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Poker Fund 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 World Poker's income statement, its balance sheet, and the statement of cash flows.