Cyanotech Net Income vs. Shares Outstanding
| CYANDelisted Stock | USD 0.88 0.05 6.02% |
For Cyanotech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cyanotech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cyanotech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cyanotech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cyanotech over time as well as its relative position and ranking within its peers.
Cyanotech |
Cyanotech Shares Outstanding vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cyanotech's current stock value. Our valuation model uses many indicators to compare Cyanotech value to that of its competitors to determine the firm's financial worth. Cyanotech is rated below average in net income category among its peers. It is rated below average in shares outstanding 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 Cyanotech's earnings, one of the primary drivers of an investment's value.Cyanotech Shares Outstanding 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.
Cyanotech |
| = | (3.44 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Cyanotech |
| = | 6.89 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cyanotech Shares Outstanding Comparison
Cyanotech is currently under evaluation in shares outstanding category among its peers.
Cyanotech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cyanotech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cyanotech will eventually generate negative long term returns. The profitability progress is the general direction of Cyanotech's change in net profit over the period of time. It can combine multiple indicators of Cyanotech, 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.
Cyanotech Corporation engages in the cultivation, production, and sale of natural products derived from microalgae worldwide. Cyanotech Corporation was incorporated in 1983 and is headquartered in Kailua-Kona, Hawaii. Cyanotech Corp operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 95 people.
Cyanotech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cyanotech. 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 Cyanotech 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 Cyanotech's important profitability drivers and their relationship over time.
Use Cyanotech 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 Cyanotech 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 Cyanotech will appreciate offsetting losses from the drop in the long position's value.Cyanotech Pair Trading
Cyanotech Pair Trading Analysis
The ability to find closely correlated positions to Cyanotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cyanotech 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 Cyanotech - 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 Cyanotech to buy it.
The correlation of Cyanotech 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 Cyanotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyanotech 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 Cyanotech 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 Cyanotech position
In addition to having Cyanotech 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 Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 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 Momentum Theme or any other thematic opportunities.
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Other Consideration for investing in Cyanotech Stock
If you are still planning to invest in Cyanotech 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 Cyanotech's history and understand the potential risks before investing.
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