Energtek Stock Shares Outstanding
| EGTK Stock | USD 0.0001 0.00 0.00% |
Energtek fundamentals help investors to digest information that contributes to Energtek's financial success or failures. It also enables traders to predict the movement of Energtek Pink Sheet. The fundamental analysis module provides a way to measure Energtek'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 Energtek pink sheet.
Energtek |
Energtek Company Shares Outstanding Analysis
Energtek's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Energtek Shares Outstanding | 377.74 M |
Most of Energtek's fundamental indicators, such as Shares Outstanding, 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, Energtek is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Energtek has 377.74 M of shares currently outstending. This is 106.3% higher than that of the Consumer Cyclical sector and significantly higher than that of the Auto Parts industry. The shares outstanding for all United States stocks is 33.94% higher than that of the company.
Energtek Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Energtek's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Energtek could also be used in its relative valuation, which is a method of valuing Energtek by comparing valuation metrics of similar companies.Energtek is currently under evaluation in shares outstanding category among related companies.
Energtek Fundamentals
| Return On Equity | -2.7 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.17) % | |||
| Current Valuation | 1.79 M | |||
| Shares Outstanding | 377.74 M | |||
| Price To Earning | (0.44) X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 7.42 M | |||
| Gross Profit | 1.85 M | |||
| Net Income | (9.56 M) | |||
| Cash And Equivalents | 441.44 K | |||
| Total Debt | 1.65 M | |||
| Debt To Equity | 2.35 % | |||
| Current Ratio | 2.56 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (6.47 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 11 | |||
| Beta | -44.69 | |||
| Market Capitalization | 604.38 K | |||
| Total Asset | 8.65 M | |||
| Retained Earnings | (51.52 M) | |||
| Working Capital | (1.38 M) | |||
| Current Asset | 4.41 M | |||
| Current Liabilities | 5.78 M | |||
| Z Score | -7.0 | |||
| Net Asset | 8.65 M |
About Energtek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Energtek's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energtek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energtek 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 Energtek
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 Energtek 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 Energtek will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Energtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energtek 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 Energtek - 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 Energtek to buy it.
The correlation of Energtek 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 Energtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energtek 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 Energtek 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Energtek Pink Sheet analysis
When running Energtek's price analysis, check to measure Energtek'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 Energtek is operating at the current time. Most of Energtek's value examination focuses on studying past and present price action to predict the probability of Energtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energtek's price. Additionally, you may evaluate how the addition of Energtek to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |