3Dx Industries Return On Asset vs. Total Debt
| DDDX Stock | USD 0.01 0.00 0.00% |
For 3Dx Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 3Dx Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 3Dx Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 3Dx Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 3Dx Industries over time as well as its relative position and ranking within its peers.
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3Dx Industries Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 3Dx Industries's current stock value. Our valuation model uses many indicators to compare 3Dx Industries value to that of its competitors to determine the firm's financial worth. 3Dx Industries is rated # 2 in return on asset category among its peers. It also is rated # 2 in total debt category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value 3Dx Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 3Dx Industries' Pink Sheet. 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.3Dx 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.
3Dx Industries |
| = | -0.49 |
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.
3Dx Industries |
| = | 1.59 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.
3Dx Total Debt vs Competition
3Dx Industries is rated # 2 in total debt category among its peers. Total debt of Industrials industry is currently estimated at about 856.69 Million. 3Dx Industries adds roughly 1.59 Million in total debt claiming only tiny portion of equities under Industrials industry.
3Dx Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 3Dx Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 3Dx Industries will eventually generate negative long term returns. The profitability progress is the general direction of 3Dx Industries' change in net profit over the period of time. It can combine multiple indicators of 3Dx Industries, 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.
3DX Industries, Inc. manufactures and sells consumer and corporate products using an additive manufacturing method through 3D metal printing technology, and conventional precision manufacturing processes. The company was formerly known as Amarok Resources, Inc. and changed its name to 3DX Industries, Inc. in November 2013. 3DX Industries, Inc. was incorporated in 2008 and is based in Ferndale, Washington. 3Dx Industries operates under Computer Hardware classification in the United States and is traded on OTC Exchange.
3Dx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 3Dx Industries. 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 3Dx Industries 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 3Dx Industries' important profitability drivers and their relationship over time.
Use 3Dx Industries 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 3Dx Industries 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 3Dx Industries will appreciate offsetting losses from the drop in the long position's value.3Dx Industries Pair Trading
3Dx Industries Pair Trading Analysis
The ability to find closely correlated positions to 3Dx Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 3Dx Industries 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 3Dx Industries - 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 3Dx Industries to buy it.
The correlation of 3Dx Industries 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 3Dx Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 3Dx Industries 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 3Dx Industries 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 3Dx Industries position
In addition to having 3Dx Industries 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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Additional Tools for 3Dx Pink Sheet Analysis
When running 3Dx Industries' price analysis, check to measure 3Dx Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3Dx Industries is operating at the current time. Most of 3Dx Industries' value examination focuses on studying past and present price action to predict the probability of 3Dx Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3Dx Industries' price. Additionally, you may evaluate how the addition of 3Dx Industries to your portfolios can decrease your overall portfolio volatility.