Tucows Financial Statements From 2010 to 2026
| TC Stock | CAD 30.40 0.36 1.20% |
Check Tucows financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tucows' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tucows financial statements analysis is a perfect complement when working with Tucows Valuation or Volatility modules.
Tucows |
Tucows Inc Company Return On Equity Analysis
Tucows' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tucows Return On Equity | -10.12 |
Most of Tucows' fundamental indicators, such as Return On Equity, 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, Tucows Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tucows Inc has a Return On Equity of -10.1158. This is 15.91% lower than that of the Software sector and 37.32% lower than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.
Tucows Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tucows's current stock value. Our valuation model uses many indicators to compare Tucows value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tucows competition to find correlations between indicators driving Tucows's intrinsic value. More Info.Tucows Inc is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tucows by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tucows' 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.About Tucows Financial Statements
Tucows investors utilize fundamental indicators, such as revenue or net income, to predict how Tucows Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Germany. Tucows Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. TUCOWS INC operates under Internet Content Information classification in Canada and is traded on Toronto Stock Exchange. It employs 584 people.
Pair Trading with Tucows
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 Tucows 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 Tucows will appreciate offsetting losses from the drop in the long position's value.Moving together with Tucows Stock
Moving against Tucows Stock
| 0.72 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.72 | MSFT | Microsoft CDR | PairCorr |
| 0.71 | NFLX | Netflix Inc CDR | PairCorr |
| 0.6 | AEMC | Alaska Energy Metals | PairCorr |
| 0.49 | PEX | Pacific Ridge Exploration | PairCorr |
The ability to find closely correlated positions to Tucows could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tucows 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 Tucows - 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 Tucows Inc to buy it.
The correlation of Tucows 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 Tucows moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tucows 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 Tucows 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 the analysis of Tucows Correlation against competitors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.