Carnegie Development Revenue vs. Current Valuation
Carnegie Development Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Carnegie Development's current stock value. Our valuation model uses many indicators to compare Carnegie Development value to that of its competitors to determine the firm's financial worth. Carnegie Development is the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 192.51 of Current Valuation per Revenue. 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 Carnegie Development's earnings, one of the primary drivers of an investment's value.Carnegie Revenue vs. Competition
Carnegie Development is the top company in revenue category among its peers. Market size based on revenue of Conglomerates industry is currently estimated at about 106.66 Million. Carnegie Development adds roughly 22,400 in revenue claiming only tiny portion of stocks in Conglomerates industry.
Carnegie Current Valuation 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.
Carnegie Development |
| = | 22.4 K |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Carnegie Development |
| = | 4.31 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Carnegie Current Valuation vs Competition
Carnegie Development is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Conglomerates industry is currently estimated at about 316.07 Million. Carnegie Development claims roughly 4.31 Million in current valuation contributing just under 2% to stocks in Conglomerates industry.
Carnegie Development Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Carnegie Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Carnegie Development will eventually generate negative long term returns. The profitability progress is the general direction of Carnegie Development's change in net profit over the period of time. It can combine multiple indicators of Carnegie Development, 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.
Carnegie Development, Inc. engages in the land acquisitions for real estate development. The company was formerly known as Escue Energy, Inc. and changed its name to Carnegie Development, Inc. in July 2019. Carnegie Dev operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 3 people.
Carnegie Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Carnegie Development. 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 Carnegie Development 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 Carnegie Development's important profitability drivers and their relationship over time.
Carnegie Development Earnings per Share Projection vs Actual
Use Carnegie Development 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 Carnegie Development 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 Carnegie Development will appreciate offsetting losses from the drop in the long position's value.Carnegie Development Pair Trading
Carnegie Development Pair Trading Analysis
The ability to find closely correlated positions to Carnegie Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnegie Development 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 Carnegie Development - 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 Carnegie Development to buy it.
The correlation of Carnegie Development 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 Carnegie Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnegie 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 Carnegie Development 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 Carnegie Development position
In addition to having Carnegie Development 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 Carnegie Pink Sheet
To fully project Carnegie Development's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Carnegie 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 Carnegie Development's income statement, its balance sheet, and the statement of cash flows.