Tingo Group Stock Today
TIO Stock | 0 0 39.02% |
Performance6 of 100
| Odds Of DistressLess than 6
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Tingo is selling at 0.0025 as of the 19th of April 2024; that is -39.02 percent decrease since the beginning of the trading day. The stock's open price was 0.0041. Tingo has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Tingo Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 25th of June 2004 | Category Technology | Classification Information Technology |
Tingo is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 241.95 M outstanding shares of which 16.24 M shares are at this time shorted by investors with about 11.18 days to cover. More on Tingo Group
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Tingo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tingo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tingo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Tingo report their recommendations after researching Tingo's financial statements, talking to executives and customers, or listening in on Tingo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tingo Group. The Tingo consensus assessment is calculated by taking the average forecast from all of the analysts covering Tingo. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Tingo's profitability, liquidity, and operating efficiency, Tingo Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Tingo Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Tingo's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tingo's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tingo's financial leverage. It provides some insight into what part of Tingo's total assets is financed by creditors.
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Tingo Group (TIO) is traded on NASDAQ Exchange in USA and employs 797 people. Tingo is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 166.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tingo's market, we take the total number of its shares issued and multiply it by Tingo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tingo Group runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 241.95 M outstanding shares of which 16.24 M shares are at this time shorted by investors with about 11.18 days to cover.
Tingo generates positive cash flow from operations, but has no cash available
Check Tingo Probability Of Bankruptcy
Ownership AllocationTingo Group shows a total of 241.95 Million outstanding shares. Tingo Group maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tingo Ownership Details
Tingo Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tingo market risk premium is the additional return an investor will receive from holding Tingo long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tingo. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tingo's alpha and beta are two of the key measurements used to evaluate Tingo's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 63.56 | |||
Semi Deviation | 20.97 | |||
Standard Deviation | 253.28 | |||
Variance | 64150.47 |
Tingo Stock Against Markets
Picking the right benchmark for Tingo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tingo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tingo is critical whether you are bullish or bearish towards Tingo Group at a given time. Please also check how Tingo's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tingo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Tingo Stock?
Before investing in Tingo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tingo. To buy Tingo stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tingo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tingo stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tingo Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tingo Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tingo Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Tingo Group?
The danger of trading Tingo Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tingo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tingo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tingo Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tingo Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Tingo Stock analysis
When running Tingo's price analysis, check to measure Tingo'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 Tingo is operating at the current time. Most of Tingo's value examination focuses on studying past and present price action to predict the probability of Tingo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tingo's price. Additionally, you may evaluate how the addition of Tingo to your portfolios can decrease your overall portfolio volatility.
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Is Tingo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tingo. If investors know Tingo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.45 | Revenue Per Share 15.292 | Quarterly Revenue Growth 41.613 | Return On Assets 0.3485 | Return On Equity 0.4324 |
The market value of Tingo Group is measured differently than its book value, which is the value of Tingo that is recorded on the company's balance sheet. Investors also form their own opinion of Tingo's value that differs from its market value or its book value, called intrinsic value, which is Tingo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tingo's market value can be influenced by many factors that don't directly affect Tingo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.