HMM Shares Outstanding vs. Net Income
| 011200 Stock | 17,960 660.00 3.54% |
For HMM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HMM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HMM Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HMM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HMM Co over time as well as its relative position and ranking within its peers.
HMM |
HMM Co Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HMM's current stock value. Our valuation model uses many indicators to compare HMM value to that of its competitors to determine the firm's financial worth. HMM Co is rated fourth in shares outstanding category among its peers. It is number one stock in net income category among its peers making up about 10,913 of Net Income per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value HMM by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HMM's 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.HMM Net Income vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
HMM |
| = | 489.04 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
HMM |
| = | 5.34 T |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
HMM Net Income Comparison
HMM is currently under evaluation in net income category among its peers.
HMM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HMM. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of HMM position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the HMM's important profitability drivers and their relationship over time.
Use HMM in pair-trading
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 HMM 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 HMM will appreciate offsetting losses from the drop in the long position's value.HMM Pair Trading
HMM Co Pair Trading Analysis
The ability to find closely correlated positions to HMM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HMM 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 HMM - 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 HMM Co to buy it.
The correlation of HMM 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 HMM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HMM Co 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 HMM 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.Use Investing Themes to Complement your HMM position
In addition to having HMM in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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Other Information on Investing in HMM Stock
To fully project HMM's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HMM Co at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include HMM's income statement, its balance sheet, and the statement of cash flows.