Chino Commercial Cash Per Share vs. Price To Sales
CCBC Stock | USD 13.90 0.28 2.06% |
For Chino Commercial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chino Commercial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chino Commercial Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chino Commercial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chino Commercial Bancorp over time as well as its relative position and ranking within its peers.
Chino |
Chino Commercial Bancorp Price To Sales vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chino Commercial's current stock value. Our valuation model uses many indicators to compare Chino Commercial value to that of its competitors to determine the firm's financial worth. Chino Commercial Bancorp is number one stock in cash per share category among its peers. It also is number one stock in price to sales category among its peers fabricating about 0.06 of Price To Sales per Cash Per Share. The ratio of Cash Per Share to Price To Sales for Chino Commercial Bancorp is roughly 17.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Chino Commercial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chino Commercial's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Chino Price To Sales vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Chino Commercial |
| = | 21.37 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Chino Commercial |
| = | 1.26 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.
Chino Price To Sales Comparison
Chino Commercial is currently under evaluation in price to sales category among its peers.
Chino Commercial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chino Commercial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chino Commercial will eventually generate negative long term returns. The profitability progress is the general direction of Chino Commercial's change in net profit over the period of time. It can combine multiple indicators of Chino Commercial, 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.
Chino Commercial Bancorp operates as the bank holding company for Chino Commercial Bank, N.A. that provides commercial banking services to individuals and small businesses primarily in the Inland Empire region of Southern California. Chino Commercial Bancorp was founded in 1999 and is headquartered in Chino, California. Chino Commercial operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Chino Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chino Commercial. 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 Chino Commercial 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 Chino Commercial's important profitability drivers and their relationship over time.
Use Chino Commercial 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 Chino Commercial 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 Chino Commercial will appreciate offsetting losses from the drop in the long position's value.Chino Commercial Pair Trading
Chino Commercial Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Chino Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chino Commercial 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 Chino Commercial - 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 Chino Commercial Bancorp to buy it.
The correlation of Chino Commercial 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 Chino Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chino Commercial Bancorp 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 Chino Commercial 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 Chino Commercial position
In addition to having Chino Commercial 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 Chino Pink Sheet
To fully project Chino Commercial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chino Commercial Bancorp 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 Chino Commercial's income statement, its balance sheet, and the statement of cash flows.