If you take a look at the current stock price using the monthly time frame, we can see that the chart could be forming a down trend as there appears to be a lower high created. The stock chart alone will not give you the full background, so it is essential to look at the fundamental data as well and compare it against public opinion. Also, take into account your current portfolio situation, as this stock may not complement your current strategy and goals.
Some competitors to keep in mind are AT&T, Netflix, Hulu, and any other entertainment company as these are all top players in the mobile space. Also, one that may not be thought about as often is Amazon, as they have their streaming service. You want to ensure that when you are looking at Dish, that you compare it against these as Dish may not be providing the best value. Value is important as well because you do not want to enter a position that is deemed expensive and then it sells of a few months later.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include DISH Network income statement, its balance sheet, and the statement of cash flows. Potential DISH Network investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although DISH Network investors may use each financial statement separately, they are all related. The changes in DISH Network's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DISH Network's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of DISH Network
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of DISH Network performance into the future periods or doing a reasonable stock valuation. The intrinsic value of DISH Network shares is the value that is considered the true value of the share. If
the intrinsic value of DISH is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares DISH Network. Please read more on our
fundamental analysis page.
How important is DISH Network's Liquidity
DISH Network
financial leverage refers to using borrowed capital as a funding source to finance DISH Network ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. DISH Network financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to DISH Network's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of DISH Network's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between DISH Network's total debt and its cash.
Another Deeper Perspective
Being in this industry can be risky because it does not take much to cause a company to slow, as it could be something as simple as cheaper prices or better performance from a competitor. A risk to keep in mind is the fact that cable is slowly dying whether you like to admit it or not. Certainly it isn’t going anywhere, but cable in the traditional sense is going away quickly, which can cause these companies to have to adapt or they will be left behind in the transition.
If you get stuck or feel Dish is not the best, look at a competitor as there are many different options in this space. After that, if you still are unable to decide, take a look at ETF’s and see if there is a liquid product that followings the technology sector, specifically the cable and streaming companies. This can eliminate your company specific risk, causing your portfolio to become more stable. Reach out to an investing professional if you still have questions as they can help to guide you in the right direction.
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Nathan Young is a Senior Member of Macroaxis Editorial Board - US Equity Analysis. With years of experience in the financial sector, Nathan brings a diverse base of knowledge. Specifically, he has in-depth understanding of application of technical and fundamental analysis across different equity instruments. Utilizing SEC filings and technical indicators, Nathan provides a reputable analysis of companies trading in the United States.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Nathan Young do not own shares of DISH Network. Please refer to our
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