DMY Squared Current Valuation vs. Net Income
| DMYY Stock | 10.64 0.05 0.47% |
For DMY Squared profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DMY Squared to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well dMY Squared Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DMY Squared's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of dMY Squared Technology over time as well as its relative position and ranking within its peers.
DMY |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DMY Squared. If investors know DMY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DMY Squared listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (0.03) | Return On Equity 0.0022 |
The market value of dMY Squared Technology is measured differently than its book value, which is the value of DMY that is recorded on the company's balance sheet. Investors also form their own opinion of DMY Squared's value that differs from its market value or its book value, called intrinsic value, which is DMY Squared's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DMY Squared's market value can be influenced by many factors that don't directly affect DMY Squared's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DMY Squared's value and its price as these two are different measures arrived at by different means. Investors typically determine if DMY Squared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DMY Squared's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
dMY Squared Technology Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DMY Squared's current stock value. Our valuation model uses many indicators to compare DMY Squared value to that of its competitors to determine the firm's financial worth. dMY Squared Technology is rated # 2 in current valuation category among its peers. It is one of the top stocks in net income category among its peers making up about 0.05 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for dMY Squared Technology is roughly 18.52 . 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 DMY Squared's earnings, one of the primary drivers of an investment's value.DMY Current Valuation vs. Competition
dMY Squared Technology is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 547.59 Million. DMY Squared holds roughly 42.55 Million in current valuation claiming about 8% of equities under Financials industry.
DMY Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
DMY Squared |
| = | 42.55 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
DMY Squared |
| = | 2.3 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.
DMY Net Income Comparison
DMY Squared is currently under evaluation in net income category among its peers.
DMY Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DMY Squared. 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 DMY Squared 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 DMY Squared's important profitability drivers and their relationship over time.
Use DMY Squared 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 DMY Squared 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 DMY Squared will appreciate offsetting losses from the drop in the long position's value.DMY Squared Pair Trading
dMY Squared Technology Pair Trading Analysis
The ability to find closely correlated positions to DMY Squared could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DMY Squared 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 DMY Squared - 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 dMY Squared Technology to buy it.
The correlation of DMY Squared 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 DMY Squared moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if dMY Squared Technology 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 DMY Squared 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 DMY Squared position
In addition to having DMY Squared 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 Trump Equities Thematic Idea Now
Trump Equities
Stocks that have significantly increased in valuation since Trump was elected president of the United States. The Trump Equities theme has 42 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 Trump Equities Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for DMY Stock Analysis
When running DMY Squared's price analysis, check to measure DMY Squared's 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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.