Engage Fundamentals

ENGA
 Stock
  

USD 0.31  0.04  11.43%   

Engage Mobility fundamentals help investors to digest information that contributes to Engage Mobility's financial success or failures. It also enables traders to predict the movement of Engage OTC Pink Sheet. The fundamental analysis module provides a way to measure Engage Mobility'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 Engage Mobility otc pink sheet.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Engage Z Score Analysis

Engage Mobility's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Engage Mobility Z Score

    
  6.0  
Most of Engage Mobility's fundamental indicators, such as Z Score, 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, Engage Mobility is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Engage Mobility has a Z Score of 6.0. This is 148.96% higher than that of the Media sector and significantly higher than that of the Communication Services industry. The z score for all United States stocks is 31.19% higher than that of the company.

Engage Mobility Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Engage Mobility's current stock value. Our valuation model uses many indicators to compare Engage Mobility value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Engage Mobility competition to find correlations between indicators driving Engage Mobility's intrinsic value. More Info.
Engage Mobility is rated below average in cash per share category among related companies. It is one of the top stocks in price to sales category among related companies fabricating about  39,295  of Price to Sales per Cash per Share. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Engage Mobility by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Engage Mobility's OTC Pink Sheet . 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 Engage Mobility's earnings, one of the primary drivers of an investment's value.

Engage Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Engage Mobility's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc pink sheets which would be a good addition to a portfolio. Peer analysis of Engage Mobility could also be used in its relative valuation, which is a method of valuing Engage Mobility by comparing valuation metrics of similar companies.
Engage Mobility is currently under evaluation in beta category among related companies.
Let's try to break down what Engage's beta means in this case. Engage Mobility returns are very sensitive to returns on the market. As the market goes up or down, Engage Mobility is expected to follow.

Engage Fundamentals

About Engage Mobility Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Engage Mobility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Engage Mobility using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Engage Mobility 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.
Its video-sharing platform and a streaming service that allow its members to watch various content, such as movies, series, documentaries, and talk shows on internet-connected devices. The company was incorporated in 2011 and is based in Miami, Florida. Engage Mobility operates under Shell Companies classification in the United States and is traded on OTC Exchange.
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 Engage Mobility 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, Engage Mobility's short interest history, or implied volatility extrapolated from Engage Mobility options trading.

Pair Trading with Engage Mobility

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 Engage Mobility 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 Engage Mobility will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Engage Mobility could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Engage Mobility 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 Engage Mobility - 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 Engage Mobility to buy it.
The correlation of Engage Mobility is a statistical measure of how it moves in relation to other equities. 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 Engage Mobility moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engage Mobility 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 Engage Mobility 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.
Pair CorrelationCorrelation Matching
Continue to Engage Mobility Piotroski F Score and Engage Mobility Altman Z Score analysis. Note that the Engage Mobility information on this page should be used as a complementary analysis to other Engage Mobility's 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Engage OTC Pink Sheet analysis

When running Engage Mobility price analysis, check to measure Engage Mobility'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 Engage Mobility is operating at the current time. Most of Engage Mobility's value examination focuses on studying past and present price action to predict the probability of Engage Mobility's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Engage Mobility's price. Additionally, you may evaluate how the addition of Engage Mobility to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Engage Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine Engage Mobility value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Engage Mobility'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.