CoinSmart Financial Price To Book vs. Return On Equity
| CONMFDelisted Stock | USD 0.15 0.00 0.00% |
For CoinSmart Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CoinSmart Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CoinSmart Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CoinSmart Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CoinSmart Financial over time as well as its relative position and ranking within its peers.
CoinSmart |
CoinSmart Financial Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CoinSmart Financial's current stock value. Our valuation model uses many indicators to compare CoinSmart Financial value to that of its competitors to determine the firm's financial worth. CoinSmart Financial is number one stock in price to book category among its peers. It also is number one stock in return on equity 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 CoinSmart Financial's earnings, one of the primary drivers of an investment's value.CoinSmart Return On Equity vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
CoinSmart Financial |
| = | 0.88 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
CoinSmart Financial |
| = | -1.88 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CoinSmart Return On Equity Comparison
CoinSmart Financial is currently under evaluation in return on equity category among its peers.
CoinSmart Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CoinSmart Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CoinSmart Financial will eventually generate negative long term returns. The profitability progress is the general direction of CoinSmart Financial's change in net profit over the period of time. It can combine multiple indicators of CoinSmart Financial, 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.
CoinSmart Financial Inc., a fintech company, owns and operates crypto asset trading platform in Canada and internationally. Its platform provides a secure and intuitive platform for trading crypto assets. Coinsmart Finl operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 45 people.
CoinSmart Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CoinSmart Financial. 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 CoinSmart Financial 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 CoinSmart Financial's important profitability drivers and their relationship over time.
Use CoinSmart Financial 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 CoinSmart Financial 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 CoinSmart Financial will appreciate offsetting losses from the drop in the long position's value.CoinSmart Financial Pair Trading
CoinSmart Financial Pair Trading Analysis
The ability to find closely correlated positions to CoinSmart Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoinSmart Financial 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 CoinSmart Financial - 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 CoinSmart Financial to buy it.
The correlation of CoinSmart Financial 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 CoinSmart Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoinSmart Financial 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 CoinSmart Financial 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 CoinSmart Financial position
In addition to having CoinSmart Financial 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 Food Products Thematic Idea Now
Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 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 Food Products Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in CoinSmart Pink Sheet
If you are still planning to invest in CoinSmart Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CoinSmart Financial's history and understand the potential risks before investing.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |