CONX Corp Return On Asset vs. Total Debt
| CONXDelisted Stock | USD 5.01 0.00 0.00% |
For CONX Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CONX Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CONX Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CONX Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CONX Corp over time as well as its relative position and ranking within its peers.
CONX |
CONX Corp Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CONX Corp's current stock value. Our valuation model uses many indicators to compare CONX Corp value to that of its competitors to determine the firm's financial worth. CONX Corp is rated fourth in return on asset category among its peers. It is rated third in total debt 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 CONX Corp's earnings, one of the primary drivers of an investment's value.CONX Total Debt 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.
CONX Corp |
| = | -0.0137 |
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.
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.
CONX Corp |
| = | 2.11 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.
CONX Total Debt vs Competition
CONX Corp is rated third in total debt category among its peers. Total debt of Financials industry is currently estimated at about 16.71 Million. CONX Corp retains roughly 2.11 Million in total debt claiming about 13% of equities under Financials industry.
CONX Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CONX Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CONX Corp will eventually generate negative long term returns. The profitability progress is the general direction of CONX Corp's change in net profit over the period of time. It can combine multiple indicators of CONX 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.
The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. CONX Corp. was incorporated in 2020 and is based in Littleton, Colorado. Conx Corp is traded on NASDAQ Exchange in the United States.
CONX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CONX 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 CONX 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 CONX Corp's important profitability drivers and their relationship over time.
Use CONX 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 CONX 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 CONX Corp will appreciate offsetting losses from the drop in the long position's value.CONX Corp Pair Trading
CONX Corp Pair Trading Analysis
The ability to find closely correlated positions to CONX 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 CONX 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 CONX 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 CONX Corp to buy it.
The correlation of CONX 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 CONX Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CONX 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 CONX 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 CONX Corp position
In addition to having CONX 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?
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Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 38 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 Munis Funds Theme or any other thematic opportunities.
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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 board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in CONX Stock
If you are still planning to invest in CONX Corp 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 CONX Corp's history and understand the potential risks before investing.
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