Centr Brands Corp Return On Asset vs. Cash Per Share
| CNTRF Stock | USD 0.12 0.06 33.33% |
For Centr Brands Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Centr Brands Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Centr Brands Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Centr Brands Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Centr Brands Corp over time as well as its relative position and ranking within its peers.
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Centr Brands Corp Cash Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Centr Brands Corp's current stock value. Our valuation model uses many indicators to compare Centr Brands Corp value to that of its competitors to determine the firm's financial worth. Centr Brands Corp is rated below average in return on asset category among its peers. It is number one stock in cash per share category among its peers . 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 Centr Brands Corp's earnings, one of the primary drivers of an investment's value.Centr Cash Per Share vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Centr Brands Corp |
| = | -0.91 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.04 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Centr Cash Per Share Comparison
Centr Brands is currently under evaluation in cash per share category among its peers.
Centr Brands Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Centr Brands Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Centr Brands Corp will eventually generate negative long term returns. The profitability progress is the general direction of Centr Brands Corp's change in net profit over the period of time. It can combine multiple indicators of Centr Brands Corp, 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.
CENTR Brands Corp. engages in the development and marketing of beverages infused with hemp-derived extracts and derivatives in the United States. The company offers CENTR, a sparkling, low-calorie, cannabidiol infused beverage and CENTR Instant, a family of convenient, single serve, ready-tomix CBD powders. CENTR BRANDS is traded on OTC Exchange in the United States.
Centr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Centr Brands Corp. 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 Centr Brands Corp 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 Centr Brands Corp's important profitability drivers and their relationship over time.
Use Centr Brands Corp 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 Centr Brands Corp 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 Centr Brands Corp will appreciate offsetting losses from the drop in the long position's value.Centr Brands Corp Pair Trading
Centr Brands Corp Pair Trading Analysis
The ability to find closely correlated positions to Centr Brands Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centr Brands Corp 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 Centr Brands Corp - 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 Centr Brands Corp to buy it.
The correlation of Centr Brands Corp 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 Centr Brands Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centr Brands Corp 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 Centr Brands Corp 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 Centr Brands Corp position
In addition to having Centr Brands Corp 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 Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 47 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 Government Funds Theme or any other thematic opportunities.
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Other Information on Investing in Centr OTC Stock
To fully project Centr Brands Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Centr Brands Corp 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 Centr Brands Corp's income statement, its balance sheet, and the statement of cash flows.