Eline Entertainment Retained Earnings vs. Beta
| EEGI Stock | USD 0.0002 0.0003 60.00% |
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.
Eline |
Eline Entertainment Beta vs. Retained Earnings 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 retained earnings category among its peers. It also is one of the top stocks in beta category among its peers . 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 Beta vs. Retained Earnings
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Eline Entertainment |
| = | (1.75 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Eline Entertainment |
| = | 133.72 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Eline Beta Comparison
Eline Entertainment is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eline Entertainment will likely underperform.
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.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?
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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.