CBM Asia Net Income vs. Z Score
CBM Asia Development Z Score vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CBM Asia's current stock value. Our valuation model uses many indicators to compare CBM Asia value to that of its competitors to determine the firm's financial worth. CBM Asia Development is rated third in net income category among its peers. It is rated below average in z score 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 CBM Asia's earnings, one of the primary drivers of an investment's value.CBM Z Score vs. Net Income
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.
CBM Asia |
| = | (12.62 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.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
CBM Asia |
| = | -4.8 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
CBM Z Score Comparison
CBM Asia is currently under evaluation in z score category among its peers.
CBM Asia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CBM Asia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CBM Asia will eventually generate negative long term returns. The profitability progress is the general direction of CBM Asia's change in net profit over the period of time. It can combine multiple indicators of CBM Asia, 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.
CBM Asia Development Corp. engages in the acquisition and exploration of coalbed methane properties. It holds interests in the five production sharing contracts for CBM and a joint study with a gross acreage of 6,863 square kilometers in Indonesia. CBM ASIA operates under Oil Gas EP classification in the United States and is traded on PNK Exchange.
CBM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CBM Asia. 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 CBM Asia 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 CBM Asia's important profitability drivers and their relationship over time.
CBM Asia Earnings per Share Projection vs Actual
Use CBM Asia 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 CBM Asia 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 CBM Asia will appreciate offsetting losses from the drop in the long position's value.CBM Asia Pair Trading
CBM Asia Development Pair Trading Analysis
The ability to find closely correlated positions to CBM Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CBM Asia 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 CBM Asia - 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 CBM Asia Development to buy it.
The correlation of CBM Asia 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 CBM Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CBM Asia Development 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 CBM Asia 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 CBM Asia position
In addition to having CBM Asia 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 Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 438 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 Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in CBM Pink Sheet
To fully project CBM Asia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CBM Asia Development 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 CBM Asia's income statement, its balance sheet, and the statement of cash flows.