Code Green Net Income vs. Market Capitalization
Code Green Apparel Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Code Green's current stock value. Our valuation model uses many indicators to compare Code Green value to that of its competitors to determine the firm's financial worth. Code Green Apparel is number one stock in net income category among its peers. It also is number one stock in market capitalization category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Code Green by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Code Green'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.Code Market Capitalization 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.
Code Green |
| = | (2.66 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.
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.
Code Green |
| = | 1.79 K |
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.
Code Market Capitalization vs Competition
Code Green Apparel is number one stock in market capitalization category among its peers. Market capitalization of Apparel Manufacturing industry is currently estimated at about 20.54 Million. Code Green adds roughly 1,794 in market capitalization claiming only tiny portion of stocks in Apparel Manufacturing industry.
Code Green Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Code Green, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Code Green will eventually generate negative long term returns. The profitability progress is the general direction of Code Green's change in net profit over the period of time. It can combine multiple indicators of Code Green, 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.
Code Green Apparel Corp. designs, manufactures, and distributes apparel products from eco-friendly and sustainable recycled textiles worldwide. Code Green Apparel Corp. was founded in 2007 and is based in Laguna Beach, California. Code Green operates under Apparel Manufacturing classification in the United States and is traded on OTC Exchange. It employs 2 people.
Code Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Code Green. 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 Code Green 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 Code Green's important profitability drivers and their relationship over time.
Code Green Earnings per Share Projection vs Actual
Use Code Green 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 Code Green 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 Code Green will appreciate offsetting losses from the drop in the long position's value.Code Green Pair Trading
Code Green Apparel Pair Trading Analysis
The ability to find closely correlated positions to Code Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Code Green 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 Code Green - 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 Code Green Apparel to buy it.
The correlation of Code Green 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 Code Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Code Green Apparel 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 Code Green 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 Code Green position
In addition to having Code Green 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 Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 8 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 Basic Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Code Pink Sheet
To fully project Code Green's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Code Green Apparel 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 Code Green's income statement, its balance sheet, and the statement of cash flows.