Eestech Gross Profit vs. Operating Margin
| EESH Stock | USD 0.0004 0.00 0.00% |
For Eestech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eestech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eestech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eestech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eestech over time as well as its relative position and ranking within its peers.
Eestech |
Eestech Operating Margin vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eestech's current stock value. Our valuation model uses many indicators to compare Eestech value to that of its competitors to determine the firm's financial worth. Eestech is rated # 2 in gross profit category among its peers. It also is rated # 2 in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eestech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eestech'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.Eestech Operating Margin vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Eestech |
| = | 52.55 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Eestech |
| = | (6.57) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Eestech Operating Margin Comparison
Eestech is currently under evaluation in operating margin category among its peers.
Eestech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eestech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eestech will eventually generate negative long term returns. The profitability progress is the general direction of Eestech's change in net profit over the period of time. It can combine multiple indicators of Eestech, 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.
EESTech, Inc. provides waste management solutions to the mining and minerals processing industries worldwide. EESTech, Inc. was founded in 2000 and is based in Chino Valley, Arizona. Eestech operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 1 people.
Eestech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eestech. 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 Eestech 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 Eestech's important profitability drivers and their relationship over time.
Use Eestech 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 Eestech 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 Eestech will appreciate offsetting losses from the drop in the long position's value.Eestech Pair Trading
Eestech Pair Trading Analysis
The ability to find closely correlated positions to Eestech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eestech 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 Eestech - 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 Eestech to buy it.
The correlation of Eestech 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 Eestech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eestech 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 Eestech 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 Eestech position
In addition to having Eestech 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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Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 37 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 Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Eestech Pink Sheet
To fully project Eestech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eestech 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 Eestech's income statement, its balance sheet, and the statement of cash flows.