888 Holdings Stock Five Year Return
| EIHDF Stock | USD 0.97 0.00 0.00% |
888 Holdings fundamentals help investors to digest information that contributes to 888 Holdings' financial success or failures. It also enables traders to predict the movement of 888 Pink Sheet. The fundamental analysis module provides a way to measure 888 Holdings' 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 888 Holdings pink sheet.
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888 Holdings Company Five Year Return Analysis
888 Holdings' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current 888 Holdings Five Year Return | 3.35 % |
Most of 888 Holdings' fundamental indicators, such as Five Year Return, 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, 888 Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, 888 Holdings has a Five Year Return of 3.35%. This is much higher than that of the Consumer Cyclical sector and significantly higher than that of the Gambling industry. The five year return for all United States stocks is notably lower than that of the firm.
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888 Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 174.68 M | |||
| Shares Outstanding | 446.33 M | |||
| Shares Owned By Insiders | 19.49 % | |||
| Shares Owned By Institutions | 33.93 % | |||
| Price To Earning | 38.67 X | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 0.55 X | |||
| Revenue | 796.1 M | |||
| Gross Profit | 821.7 M | |||
| EBITDA | 123.4 M | |||
| Net Income | 68.9 M | |||
| Cash And Equivalents | 299.5 M | |||
| Cash Per Share | 0.67 X | |||
| Total Debt | 19 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 2.02 X | |||
| Book Value Per Share | 0.70 X | |||
| Cash Flow From Operations | 133.2 M | |||
| Earnings Per Share | 0.08 X | |||
| Number Of Employees | 1.75 K | |||
| Beta | 0.65 | |||
| Market Capitalization | 388.1 M | |||
| Total Asset | 540 M | |||
| Retained Earnings | 141 M | |||
| Working Capital | (24 M) | |||
| Current Asset | 181 M | |||
| Current Liabilities | 205 M | |||
| Z Score | 13.0 | |||
| Annual Yield | 0.11 % | |||
| Five Year Return | 3.35 % | |||
| Net Asset | 540 M |
About 888 Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 888 Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 888 Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 888 Holdings 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 888 Holdings
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 888 Holdings 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 888 Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with 888 Pink Sheet
| 0.67 | EVVTY | Evolution Gaming | PairCorr |
| 0.64 | EVGGF | Evolution AB | PairCorr |
Moving against 888 Pink Sheet
| 0.65 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.6 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
| 0.58 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.51 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.5 | BAC | Bank of America Sell-off Trend | PairCorr |
The ability to find closely correlated positions to 888 Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 888 Holdings 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 888 Holdings - 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 888 Holdings to buy it.
The correlation of 888 Holdings 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 888 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 888 Holdings 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 888 Holdings 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 888 Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the 888 Holdings information on this page should be used as a complementary analysis to other 888 Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for 888 Pink Sheet analysis
When running 888 Holdings' price analysis, check to measure 888 Holdings' 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 888 Holdings is operating at the current time. Most of 888 Holdings' value examination focuses on studying past and present price action to predict the probability of 888 Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 888 Holdings' price. Additionally, you may evaluate how the addition of 888 Holdings to your portfolios can decrease your overall portfolio volatility.
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