DOUGLAS DYNAMICS Revenue vs. Net Income
DOUGLAS DYNAMICS Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DOUGLAS DYNAMICS's current stock value. Our valuation model uses many indicators to compare DOUGLAS DYNAMICS value to that of its competitors to determine the firm's financial worth. DOUGLAS DYNAMICS is rated second in revenue category among its peers. It is rated fourth in net income category among its peers making up about 0.06 of Net Income per Revenue. The ratio of Revenue to Net Income for DOUGLAS DYNAMICS is roughly 17.64 . 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 DOUGLAS DYNAMICS's earnings, one of the primary drivers of an investment's value.DOUGLAS Revenue vs. Competition
DOUGLAS DYNAMICS is rated second in revenue category among its peers. Market size based on revenue of Other industry is presently estimated at about 38.93 Billion. DOUGLAS DYNAMICS claims roughly 541.45 Million in revenue contributing just under 2% to all equities under Other industry.
DOUGLAS Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
DOUGLAS DYNAMICS |
| = | 541.45 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
DOUGLAS DYNAMICS |
| = | 30.69 M |
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.
DOUGLAS Net Income Comparison
DOUGLAS DYNAMICS is currently under evaluation in net income category among its peers.
DOUGLAS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DOUGLAS DYNAMICS. 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 DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS's important profitability drivers and their relationship over time.
DOUGLAS DYNAMICS Earnings per Share Projection vs Actual
Use DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS will appreciate offsetting losses from the drop in the long position's value.DOUGLAS DYNAMICS Pair Trading
DOUGLAS DYNAMICS Pair Trading Analysis
The ability to find closely correlated positions to DOUGLAS DYNAMICS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS - 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 DOUGLAS DYNAMICS to buy it.
The correlation of DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS position
In addition to having DOUGLAS DYNAMICS 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 Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 44 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 Macroaxis Index Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in DOUGLAS Stock
When determining whether DOUGLAS DYNAMICS is a strong investment it is important to analyze DOUGLAS DYNAMICS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DOUGLAS DYNAMICS's future performance. For an informed investment choice regarding DOUGLAS Stock, refer to the following important reports:Check out Trending Equities. For information on how to trade DOUGLAS Stock refer to our How to Trade DOUGLAS Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project DOUGLAS DYNAMICS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DOUGLAS DYNAMICS 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 DOUGLAS DYNAMICS's income statement, its balance sheet, and the statement of cash flows.