Direct Capital Market Capitalization vs. Z Score
| DCI Stock | 937.00 5.00 0.53% |
For Direct Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Direct Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Direct Capital Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Direct Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Direct Capital Investments over time as well as its relative position and ranking within its peers.
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Direct Capital Inves Z Score vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Direct Capital's current stock value. Our valuation model uses many indicators to compare Direct Capital value to that of its competitors to determine the firm's financial worth. Direct Capital Investments is rated below average in market capitalization category among its peers. It is rated below average in z score category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Direct Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Direct Capital'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.Direct Z Score vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Direct Capital |
| = | 980.23 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Direct Capital |
| = | -12.6 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Direct Z Score Comparison
Direct Capital is currently under evaluation in z score category among its peers.
Direct Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Direct Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Direct Capital will eventually generate negative long term returns. The profitability progress is the general direction of Direct Capital's change in net profit over the period of time. It can combine multiple indicators of Direct Capital, 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.
Direct Capital Investment Ltd. does not have significant operations.
Direct Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Direct Capital. 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 Direct Capital 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 Direct Capital's important profitability drivers and their relationship over time.
Use Direct Capital 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 Direct Capital 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 Direct Capital will appreciate offsetting losses from the drop in the long position's value.Direct Capital Pair Trading
Direct Capital Investments Pair Trading Analysis
The ability to find closely correlated positions to Direct Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Direct Capital 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 Direct Capital - 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 Direct Capital Investments to buy it.
The correlation of Direct Capital 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 Direct Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Direct Capital Inves 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 Direct Capital 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 Direct Capital position
In addition to having Direct Capital 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 Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 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 Online Gaming Theme or any other thematic opportunities.
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Other Information on Investing in Direct Stock
To fully project Direct Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Direct Capital Inves 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 Direct Capital's income statement, its balance sheet, and the statement of cash flows.