Eline Entertainment Net Income vs. Market Capitalization

EEGI Stock  USD 0.0002  0.0001  100.00%   
Based on Eline Entertainment's profitability indicators, Eline Entertainment Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Eline Entertainment's ability to earn profits and add value for shareholders.
For Eline Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eline Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eline Entertainment Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eline Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eline Entertainment Group over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
Please note, there is a significant difference between Eline Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eline Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eline Entertainment'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.

Eline Entertainment Market Capitalization vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eline Entertainment's current stock value. Our valuation model uses many indicators to compare Eline Entertainment value to that of its competitors to determine the firm's financial worth.
Eline Entertainment Group is one of the top stocks in net income category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about  22.04  of Market Capitalization per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value Eline Entertainment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eline Entertainment's 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.

Eline Market Capitalization 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.

Eline Entertainment

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
149.98 K
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.
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.

Eline Entertainment

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
3.31 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.

Eline Market Capitalization vs Competition

Eline Entertainment Group is one of the top stocks in market capitalization category among its peers. Market capitalization of Entertainment industry is currently estimated at about 17.2 Billion. Eline Entertainment adds roughly 3.31 Million in market capitalization claiming only tiny portion of equities under Entertainment industry.
Capitalization  Total debt  Revenue  Valuation  Workforce

Eline Entertainment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eline Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eline Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of Eline Entertainment's change in net profit over the period of time. It can combine multiple indicators of Eline Entertainment, 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.
Eline Entertainment Group, Inc., engages in the production and distribution of sports and entertainment. The company was incorporated in 1997 and is based in Sacramento, California. Eline Entertainment is traded on OTC Exchange in the United States.

Eline Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eline Entertainment. 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 Eline Entertainment 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 Eline Entertainment's important profitability drivers and their relationship over time.

Use Eline Entertainment 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 Eline Entertainment 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 Eline Entertainment will appreciate offsetting losses from the drop in the long position's value.

Eline Entertainment Pair Trading

Eline Entertainment Group Pair Trading Analysis

The ability to find closely correlated positions to Eline Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eline Entertainment 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 Eline Entertainment - 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 Eline Entertainment Group to buy it.
The correlation of Eline Entertainment 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 Eline Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eline Entertainment 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 Eline Entertainment 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Eline Entertainment position

In addition to having Eline Entertainment 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 Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks 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 Banks Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Eline Pink Sheet

To fully project Eline Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eline Entertainment 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 Eline Entertainment's income statement, its balance sheet, and the statement of cash flows.
Potential Eline Entertainment investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eline Entertainment investors may work on each financial statement separately, they are all related. The changes in Eline Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eline Entertainment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.