Airthings ASA Operating Margin vs. Market Capitalization
Airthings ASA Market Capitalization vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Airthings ASA's current stock value. Our valuation model uses many indicators to compare Airthings ASA value to that of its competitors to determine the firm's financial worth. Airthings ASA is rated second in operating margin category among its peers. It also is rated second in market capitalization category among its peers . 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 Airthings ASA's earnings, one of the primary drivers of an investment's value.Airthings Market Capitalization vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Airthings ASA |
| = | (0.37) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Airthings ASA |
| = | 83.52 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Airthings Market Capitalization vs Competition
Airthings ASA is rated second in market capitalization category among its peers. Market capitalization of Electrical Equipment & Parts industry is presently estimated at about 3.77 Billion. Airthings ASA holds roughly 83.52 Million in market capitalization claiming about 2.22% of equities under Electrical Equipment & Parts industry.
Airthings ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Airthings ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Airthings ASA will eventually generate negative long term returns. The profitability progress is the general direction of Airthings ASA's change in net profit over the period of time. It can combine multiple indicators of Airthings ASA, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Airthings ASA, together with its subsidiaries, engages in the manufacture and sale of air quality sensors and hardware-enabled software products for air quality, radon measurement, and energy efficiency solutions worldwide. The company was incorporated in 2008 and is headquartered in Oslo, Norway. Airthings ASA is traded on OTC Exchange in the United States.
Airthings Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Airthings ASA. 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 Airthings ASA 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 Airthings ASA's important profitability drivers and their relationship over time.
Airthings ASA Earnings per Share Projection vs Actual
Use Airthings ASA 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 Airthings ASA 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 Airthings ASA will appreciate offsetting losses from the drop in the long position's value.Airthings ASA Pair Trading
Airthings ASA Pair Trading Analysis
The ability to find closely correlated positions to Airthings ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airthings ASA 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 Airthings ASA - 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 Airthings ASA to buy it.
The correlation of Airthings ASA 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 Airthings ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airthings ASA 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 Airthings ASA 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 Airthings ASA position
In addition to having Airthings ASA 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 Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.
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Other Information on Investing in Airthings Pink Sheet
To fully project Airthings ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Airthings ASA 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 Airthings ASA's income statement, its balance sheet, and the statement of cash flows.