Encompass Compliance Beta vs. Price To Sales
| ENCC Stock | USD 0 0.0001 5.88% |
For Encompass Compliance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Encompass Compliance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Encompass Compliance Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Encompass Compliance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Encompass Compliance Corp over time as well as its relative position and ranking within its peers.
Encompass |
Encompass Compliance Corp Price To Sales vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Encompass Compliance's current stock value. Our valuation model uses many indicators to compare Encompass Compliance value to that of its competitors to determine the firm's financial worth. Encompass Compliance Corp is one of the top stocks in beta category among its peers. It also is one of the top stocks in price to sales category among its peers fabricating about 0.03 of Price To Sales per Beta. The ratio of Beta to Price To Sales for Encompass Compliance Corp is roughly 35.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Encompass Compliance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Encompass Compliance'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.Encompass Price To Sales vs. Beta
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.
Encompass Compliance |
| = | 2.32 |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Encompass Compliance |
| = | 0.07 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Encompass Price To Sales Comparison
Encompass Compliance is currently under evaluation in price to sales 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, Encompass Compliance will likely underperform.
Encompass Compliance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Encompass Compliance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Encompass Compliance will eventually generate negative long term returns. The profitability progress is the general direction of Encompass Compliance's change in net profit over the period of time. It can combine multiple indicators of Encompass Compliance, 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.
Encompass Compliance Corporation provides workplace drug, alcohol, and marijuana compliance services. Encompass Compliance Corporation was formerly known as Axxess Unlimited, Inc. and changed its name to Encompass Compliance Corp. in June 2015. Encompass Compliance operates under Consulting Services classification in the United States and is traded on OTC Exchange.
Encompass Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Encompass Compliance. 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 Encompass Compliance 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 Encompass Compliance's important profitability drivers and their relationship over time.
Use Encompass Compliance 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 Encompass Compliance 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 Encompass Compliance will appreciate offsetting losses from the drop in the long position's value.Encompass Compliance Pair Trading
Encompass Compliance Corp Pair Trading Analysis
The ability to find closely correlated positions to Encompass Compliance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Encompass Compliance 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 Encompass Compliance - 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 Encompass Compliance Corp to buy it.
The correlation of Encompass Compliance 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 Encompass Compliance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Encompass Compliance Corp 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 Encompass Compliance 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 Encompass Compliance position
In addition to having Encompass Compliance 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 Precious Metals Thematic Idea Now
Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Encompass Pink Sheet
To fully project Encompass Compliance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Encompass Compliance Corp 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 Encompass Compliance's income statement, its balance sheet, and the statement of cash flows.