CNB Net Income vs. Current Valuation
| CNBZ Stock | USD 17.50 0.50 2.78% |
For CNB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CNB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CNB Corporation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CNB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CNB Corporation over time as well as its relative position and ranking within its peers.
CNB |
CNB Corporation Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CNB's current stock value. Our valuation model uses many indicators to compare CNB value to that of its competitors to determine the firm's financial worth. CNB Corporation is rated third in net income category among its peers. It is rated second in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value CNB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CNB'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.CNB Current Valuation 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.
CNB |
| = | 3 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.
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.
CNB |
| = | (1.27 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.
CNB Current Valuation vs Competition
CNB Corporation is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Banks—Regional industry is currently estimated at about 1.3 Trillion. CNB has negative current valuation of (1.27 Million) contributing less than 1% to the industry.
CNB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CNB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CNB will eventually generate negative long term returns. The profitability progress is the general direction of CNB's change in net profit over the period of time. It can combine multiple indicators of CNB, 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.
CNB Corporation operates as the bank holding company for Citizens National Bank that provides various banking services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. CNB Corporation was founded in 1931 and is based in Cheboygan, Michigan. Cnb Corp operates under BanksRegional classification in the United States and is traded on OTC Exchange.
CNB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CNB. 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 CNB 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 CNB's important profitability drivers and their relationship over time.
Use CNB 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 CNB 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 CNB will appreciate offsetting losses from the drop in the long position's value.CNB Pair Trading
CNB Corporation Pair Trading Analysis
The ability to find closely correlated positions to CNB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNB 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 CNB - 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 CNB Corporation to buy it.
The correlation of CNB 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 CNB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNB Corporation 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 CNB 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 CNB position
In addition to having CNB 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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Additional Tools for CNB Pink Sheet Analysis
When running CNB's price analysis, check to measure CNB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNB is operating at the current time. Most of CNB's value examination focuses on studying past and present price action to predict the probability of CNB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB's price. Additionally, you may evaluate how the addition of CNB to your portfolios can decrease your overall portfolio volatility.