Ensurge Net Income vs. Market Capitalization
| ESGI Stock | USD 0.0002 0.00 0.00% |
For Ensurge profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ensurge to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ensurge utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ensurge's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ensurge over time as well as its relative position and ranking within its peers.
Ensurge |
Ensurge Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ensurge's current stock value. Our valuation model uses many indicators to compare Ensurge value to that of its competitors to determine the firm's financial worth. Ensurge is rated # 3 in net income category among its peers. It is one of the top stocks in market capitalization category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ensurge by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ensurge'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.Ensurge 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.
Ensurge |
| = | (4.46 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.
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.
Ensurge |
| = | 11.52 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.
Ensurge Market Capitalization vs Competition
Ensurge is one of the top stocks in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 193.23 Million. Ensurge holds roughly 11.52 Million in market capitalization claiming about 6% of all equities under Materials industry.
Ensurge Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ensurge, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ensurge will eventually generate negative long term returns. The profitability progress is the general direction of Ensurge's change in net profit over the period of time. It can combine multiple indicators of Ensurge, 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.
Ensurge, Inc. engages in the exploration, development, and evaluation of mining properties. Ensurge, Inc. was incorporated in 1985 and is based in Folsom, California. ENSURGE INC is traded on PNK Exchange in the United States.
Ensurge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ensurge. 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 Ensurge 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 Ensurge's important profitability drivers and their relationship over time.
Use Ensurge 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 Ensurge 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 Ensurge will appreciate offsetting losses from the drop in the long position's value.Ensurge Pair Trading
Ensurge Pair Trading Analysis
The ability to find closely correlated positions to Ensurge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ensurge 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 Ensurge - 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 Ensurge to buy it.
The correlation of Ensurge 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 Ensurge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensurge 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 Ensurge 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 Ensurge position
In addition to having Ensurge 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 Ensurge Pink Sheet
To fully project Ensurge's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ensurge 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 Ensurge's income statement, its balance sheet, and the statement of cash flows.