Canzon Israel EBITDA vs. Price To Sales
| CNZN Stock | 121.80 4.70 3.72% |
For Canzon Israel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canzon Israel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canzon Israel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canzon Israel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canzon Israel over time as well as its relative position and ranking within its peers.
Canzon |
Canzon Israel Price To Sales vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canzon Israel's current stock value. Our valuation model uses many indicators to compare Canzon Israel value to that of its competitors to determine the firm's financial worth. Canzon Israel is number one stock in ebitda category among its peers. It also is number one stock in price to sales category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canzon Israel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canzon Israel's Stock. 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.Canzon Price To Sales vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Canzon Israel |
| = | (3.34 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Canzon Israel |
| = | 320.00 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Canzon Price To Sales Comparison
Canzon Israel is currently under evaluation in price to sales category among its peers.
Canzon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canzon Israel. 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 Canzon Israel 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 Canzon Israel's important profitability drivers and their relationship over time.
Use Canzon Israel 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 Canzon Israel 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 Canzon Israel will appreciate offsetting losses from the drop in the long position's value.Canzon Israel Pair Trading
Canzon Israel Pair Trading Analysis
The ability to find closely correlated positions to Canzon Israel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canzon Israel 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 Canzon Israel - 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 Canzon Israel to buy it.
The correlation of Canzon Israel 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 Canzon Israel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canzon Israel 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 Canzon Israel 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 Canzon Israel position
In addition to having Canzon Israel 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 Steel Works Etc Thematic Idea Now
Steel Works Etc
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 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 Steel Works Etc Theme or any other thematic opportunities.
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Other Information on Investing in Canzon Stock
To fully project Canzon Israel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canzon Israel 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 Canzon Israel's income statement, its balance sheet, and the statement of cash flows.