Adcore Inc Stock Fundamentals
| ADCOF Stock | USD 0.16 0.01 5.88% |
Adcore Inc fundamentals help investors to digest information that contributes to Adcore's financial success or failures. It also enables traders to predict the movement of Adcore OTC Stock. The fundamental analysis module provides a way to measure Adcore'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 Adcore otc stock.
Adcore |
Adcore Inc OTC Stock Current Valuation Analysis
Adcore's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Adcore Current Valuation | 7.26 M |
Most of Adcore's fundamental indicators, such as Current Valuation, 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, Adcore Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Adcore Inc has a Current Valuation of 7.26 M. This is 99.96% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The current valuation for all United States stocks is 99.96% higher than that of the company.
Adcore Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Adcore's current stock value. Our valuation model uses many indicators to compare Adcore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adcore competition to find correlations between indicators driving Adcore's intrinsic value. More Info.Adcore Inc is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Adcore by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adcore's OTC Stock. 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 Adcore's earnings, one of the primary drivers of an investment's value.Adcore Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adcore's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Adcore could also be used in its relative valuation, which is a method of valuing Adcore by comparing valuation metrics of similar companies.Adcore is currently under evaluation in current valuation category among related companies.
Adcore Fundamentals
| Return On Equity | -0.0985 | |||
| Return On Asset | 0.0028 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 7.26 M | |||
| Shares Outstanding | 60.93 M | |||
| Shares Owned By Insiders | 68.20 % | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 27.97 M | |||
| Gross Profit | 8.45 M | |||
| EBITDA | 1.51 M | |||
| Net Income | (277 K) | |||
| Cash And Equivalents | 6.99 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 316 K | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 4.10 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (1.44 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 10 | |||
| Beta | 2.38 | |||
| Market Capitalization | 11.58 M | |||
| Total Asset | 17.28 M | |||
| Z Score | 22.6 | |||
| Net Asset | 17.28 M |
About Adcore Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adcore Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adcore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adcore Inc based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.Adcore Inc. operates as an e-commerce advertising management and automation platform in the Asia-Pacific, Europe, the Middle East, Africa, and North America. Adcore Inc. was founded in 2005 and is headquartered in Tel Aviv, Israel. ADCORE INC is traded on OTC Exchange in the United States.
Pair Trading with Adcore
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 Adcore 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 Adcore will appreciate offsetting losses from the drop in the long position's value.Moving together with Adcore OTC Stock
| 0.62 | CRM | Salesforce Financial Report 29th of May 2024 | PairCorr |
| 0.78 | SAP | SAP SE ADR Financial Report 18th of July 2024 | PairCorr |
| 0.63 | UBER | Uber Technologies Earnings Call This Week | PairCorr |
Moving against Adcore OTC Stock
| 0.58 | DASTY | Dassault Systemes Earnings Call This Week | PairCorr |
| 0.48 | SHOP | Shopify Aggressive Push | PairCorr |
The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore 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 Adcore - 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 Adcore Inc to buy it.
The correlation of Adcore 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 Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore 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 Adcore 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, which includes a position in Adcore Inc. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Adcore OTC Stock analysis
When running Adcore's price analysis, check to measure Adcore'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 Adcore is operating at the current time. Most of Adcore's value examination focuses on studying past and present price action to predict the probability of Adcore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adcore's price. Additionally, you may evaluate how the addition of Adcore to your portfolios can decrease your overall portfolio volatility.
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