AfroCentric Investment Price To Sales vs. EBITDA
| ACT Stock | 195.00 16.00 7.58% |
For AfroCentric Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AfroCentric Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AfroCentric Investment Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AfroCentric Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AfroCentric Investment Corp over time as well as its relative position and ranking within its peers.
AfroCentric |
AfroCentric Investment EBITDA vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AfroCentric Investment's current stock value. Our valuation model uses many indicators to compare AfroCentric Investment value to that of its competitors to determine the firm's financial worth. AfroCentric Investment Corp is number one stock in price to sales category among its peers. It also is number one stock in ebitda category among its peers totaling about 2,871,265,404 of EBITDA per Price To Sales. 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 AfroCentric Investment's earnings, one of the primary drivers of an investment's value.AfroCentric EBITDA vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
AfroCentric Investment |
| = | 0.33 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
AfroCentric Investment |
| = | 955.27 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
AfroCentric EBITDA Comparison
AfroCentric Investment is currently under evaluation in ebitda category among its peers.
AfroCentric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AfroCentric Investment. 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 AfroCentric Investment 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 AfroCentric Investment's important profitability drivers and their relationship over time.
Use AfroCentric Investment 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 AfroCentric Investment 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 AfroCentric Investment will appreciate offsetting losses from the drop in the long position's value.AfroCentric Investment Pair Trading
AfroCentric Investment Corp Pair Trading Analysis
The ability to find closely correlated positions to AfroCentric Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AfroCentric Investment 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 AfroCentric Investment - 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 AfroCentric Investment Corp to buy it.
The correlation of AfroCentric Investment 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 AfroCentric Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AfroCentric Investment 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 AfroCentric Investment 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 AfroCentric Investment position
In addition to having AfroCentric Investment 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 260 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 Investment Grade ETFs Theme or any other thematic opportunities.
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Other Information on Investing in AfroCentric Stock
To fully project AfroCentric Investment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AfroCentric Investment 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 AfroCentric Investment's income statement, its balance sheet, and the statement of cash flows.