Code Green Revenue vs. Current Valuation
Code Green Apparel Current Valuation vs. Revenue 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 the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 2.93 of Current Valuation per Revenue. 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 Revenue vs. Competition
Code Green Apparel is the top company in revenue category among its peers. Market size based on revenue of Apparel Manufacturing industry is currently estimated at about 33.77 Million. Code Green maintains roughly 269,210 in revenue contributing less than 1% to stocks in Apparel Manufacturing industry.
Code 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.
Code Green |
| = | 269.21 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.
Code Green |
| = | 787.8 K |
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.
Code Current Valuation vs Competition
Code Green Apparel is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Apparel Manufacturing industry is currently estimated at about 58.66 Million. Code Green claims roughly 787,804 in current valuation contributing just under 2% to 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 58 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 Tech Growth Theme or any other thematic opportunities.
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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.