TOWNSQUARE MEDIA Price To Earnings To Growth vs. Total Asset
| 2T8 Stock | EUR 9.25 0.10 1.07% |
For TOWNSQUARE MEDIA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TOWNSQUARE MEDIA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TOWNSQUARE MEDIA INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TOWNSQUARE MEDIA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TOWNSQUARE MEDIA INC over time as well as its relative position and ranking within its peers.
TOWNSQUARE |
TOWNSQUARE MEDIA INC Total Asset vs. Price To Earnings To Growth Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TOWNSQUARE MEDIA's current stock value. Our valuation model uses many indicators to compare TOWNSQUARE MEDIA value to that of its competitors to determine the firm's financial worth. TOWNSQUARE MEDIA INC is number one stock in price to earnings to growth category among its peers. It also is number one stock in total asset category among its peers fabricating about 2,588,421,240 of Total Asset per Price To Earnings To Growth. 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 TOWNSQUARE MEDIA's earnings, one of the primary drivers of an investment's value.TOWNSQUARE Total Asset vs. Price To Earnings To Growth
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
TOWNSQUARE MEDIA |
| = | 0.28 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
TOWNSQUARE MEDIA |
| = | 726.31 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
TOWNSQUARE Total Asset Comparison
TOWNSQUARE MEDIA is currently under evaluation in total asset category among its peers.
TOWNSQUARE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TOWNSQUARE MEDIA. 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA's important profitability drivers and their relationship over time.
Use TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA will appreciate offsetting losses from the drop in the long position's value.TOWNSQUARE MEDIA Pair Trading
TOWNSQUARE MEDIA INC Pair Trading Analysis
The ability to find closely correlated positions to TOWNSQUARE MEDIA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA - 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 TOWNSQUARE MEDIA INC to buy it.
The correlation of TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA position
In addition to having TOWNSQUARE MEDIA 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?
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Other Information on Investing in TOWNSQUARE Stock
To fully project TOWNSQUARE MEDIA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TOWNSQUARE MEDIA INC 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 TOWNSQUARE MEDIA's income statement, its balance sheet, and the statement of cash flows.