BlueFire Financial Statements From 2010 to 2024
BlueFire Renewables financial statements provide useful quarterly and yearly information to potential BlueFire Renewables investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on BlueFire Renewables financial statements helps investors assess BlueFire Renewables' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting BlueFire Renewables' valuation are summarized below:BlueFire Renewables does not presently have any fundamental signals for analysis.
This module can also supplement various BlueFire Renewables Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Check BlueFire Renewables financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlueFire main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . BlueFire financial statements analysis is a perfect complement when working with BlueFire Renewables Valuation or Volatility modules.
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BlueFire Renewables Company Price To Earning Analysis
BlueFire Renewables' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current BlueFire Renewables Price To Earning | (0.30) X |
Most of BlueFire Renewables' fundamental indicators, such as Price To Earning, 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, BlueFire Renewables is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, BlueFire Renewables has a Price To Earning of -0.3 times. This is 100.29% lower than that of the Basic Materials sector and 100.93% lower than that of the Specialty Chemicals industry. The price to earning for all United States stocks is 101.04% higher than that of the company.
BlueFire Renewables Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BlueFire Renewables's current stock value. Our valuation model uses many indicators to compare BlueFire Renewables value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlueFire Renewables competition to find correlations between indicators driving BlueFire Renewables's intrinsic value. More Info.BlueFire Renewables is number one stock in return on equity category among related companies. It is the top company in current valuation category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value BlueFire Renewables by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BlueFire Renewables' OTC BB Equity. 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BlueFire Renewables' earnings, one of the primary drivers of an investment's value.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlueFire Renewables in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlueFire Renewables' short interest history, or implied volatility extrapolated from BlueFire Renewables options trading.
Pair Trading with BlueFire Renewables
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 BlueFire Renewables 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 BlueFire Renewables will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Global X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global X 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 Global X - 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 Global X Funds to buy it.
The correlation of Global X 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 Global X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global X Funds 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 Global X 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in BlueFire OTC BB Equity
If you are still planning to invest in BlueFire Renewables 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 BlueFire Renewables' history and understand the potential risks before investing.
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