Choom Holdings Total Debt vs. Shares Owned By Insiders
Based on Choom Holdings' profitability indicators, Choom Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Choom Holdings' ability to earn profits and add value for shareholders.
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For Choom Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Choom Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Choom Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Choom Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Choom Holdings over time as well as its relative position and ranking within its peers.
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Choom Holdings Shares Owned By Insiders vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Choom Holdings's current stock value. Our valuation model uses many indicators to compare Choom Holdings value to that of its competitors to determine the firm's financial worth. Choom Holdings is rated fourth in total debt category among its peers. It is rated below average in shares owned by insiders category among its peers . The ratio of Total Debt to Shares Owned By Insiders for Choom Holdings is about 860,410 . 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 Choom Holdings' earnings, one of the primary drivers of an investment's value.Choom Total Debt vs. Competition
Choom Holdings is rated fourth in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 239.62 Million. Choom Holdings holds roughly 17.36 Million in total debt claiming about 7% of equities under Drug Manufacturers—Specialty & Generic industry.
Choom Shares Owned By Insiders vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
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| = | 17.36 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
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| = | 20.18 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Choom Shares Owned By Insiders Comparison
Choom Holdings is currently under evaluation in shares owned by insiders category among its peers.
Choom Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Choom Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Choom Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Choom Holdings' change in net profit over the period of time. It can combine multiple indicators of Choom Holdings, 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.
Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis. Choom Holdings Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. Choom Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 40 people.
Choom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Choom Holdings. 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 Choom Holdings 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 Choom Holdings' important profitability drivers and their relationship over time.
Use Choom Holdings 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 Choom Holdings 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 Choom Holdings will appreciate offsetting losses from the drop in the long position's value.Choom Holdings Pair Trading
Choom Holdings Pair Trading Analysis
The ability to find closely correlated positions to Choom Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choom Holdings 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 Choom Holdings - 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 Choom Holdings to buy it.
The correlation of Choom Holdings 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 Choom Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choom Holdings 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 Choom Holdings 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 Choom Holdings position
In addition to having Choom Holdings 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 Choom Pink Sheet
To fully project Choom Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Choom Holdings 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 Choom Holdings' income statement, its balance sheet, and the statement of cash flows.