Here is what Vectorvest thinks of TAVA, for what it is worth:Stock Analysis of TAVA Tech:
Thank you for requesting an analysis of TAVA Tech from VectorVest
ProGraphics. The ticker symbol for TAVA Tech is TAVA. TAVA is traded
on the NASDAQ and options are available on this stock.
PRICE: TAVA closed on 02/18/1999 at $5.50 per share.
VALUE: TAVA has a Value of $13.8 per share. Value is the foundation of
the VectorVest system. It is a measure of what a stock is currently worth.
Value is based upon earnings, earnings growth rate, dividend payments,
dividend growth rate, and financial performance. Current interest and
inflation rates also play an important role in the computation of Value.
When interest and/or inflation rates decrease, Value goes up. When interest
rates and inflation increase, Value goes down. Sooner or later a stock's
Price and Value always converge.
RV (Relative Value): TAVA has an RV of 1.65. On a scale of 0.00 to
2.00, an RV of 1.65 is excellent. RV reflects the long-term price
appreciation potential of the stock compared to an alternative investment in
AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive
upside potential. A stock will have an RV greater than 1.00 when its Value
is greater than Price, and its Relative Safety (see below) and forecasted
earnings growth rate are above average. In some cases, however, a stock's
RV will be above 1.00 even though its Value is well below Price. This
happens when a stock has an exemplary record of financial performance
and an above average earnings growth rate. In this case, the stock is
currently selling at a premium, and the investor is banking on future
earnings growth to drive the stock's price higher. This information is very
useful not only in knowing whether or not a stock has favorable price
appreciation potential, but it also solves the riddle of whether to buy high
growth, high P/E, or low growth, low P/E stocks.
We believe that RV ratings above 1.00 are required to consistently achieve
above average capital gains in the stock mark
It say's Tava has a value of $13.80 per share, so why have we not ended on an up day for Tava since I cannot remember when, well even in Vegas you have a good day once in awhile, maybe next week......
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