ELECTROMETALS TECH Price To Sales vs. Net Income
Considering the key profitability indicators obtained from ELECTROMETALS TECH's historical financial statements, ELECTROMETALS TECH may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess ELECTROMETALS TECH's ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Please note, there is a significant difference between ELECTROMETALS TECH's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELECTROMETALS TECH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELECTROMETALS TECH'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.
For ELECTROMETALS TECH profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ELECTROMETALS TECH to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ELECTROMETALS TECH utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ELECTROMETALS TECH's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ELECTROMETALS TECH over time as well as its relative position and ranking within its peers.
ELECTROMETALS |
ELECTROMETALS TECH Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ELECTROMETALS TECH's current stock value. Our valuation model uses many indicators to compare ELECTROMETALS TECH value to that of its competitors to determine the firm's financial worth. ELECTROMETALS TECH is rated # 3 in price to sales category among its peers. It is rated # 4 in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ELECTROMETALS TECH's earnings, one of the primary drivers of an investment's value.ELECTROMETALS Net Income vs. Price To Sales
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.
ELECTROMETALS TECH |
| = | 0.72 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.
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.
ELECTROMETALS TECH |
| = | (242.22 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.
ELECTROMETALS Net Income Comparison
ELECTROMETALS TECH is currently under evaluation in net income category among its peers.
ELECTROMETALS TECH Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ELECTROMETALS TECH, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ELECTROMETALS TECH will eventually generate negative long term returns. The profitability progress is the general direction of ELECTROMETALS TECH's change in net profit over the period of time. It can combine multiple indicators of ELECTROMETALS TECH, 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.
Entercom Communications Corp., a media and entertainment company, engages in the radio broadcasting business in the United States. Entercom Communications Corp. was incorporated in 1968 and is headquartered in Philadelphia, Pennsylvania. Entercom Communications operates under Broadcasting classification in the United States and is traded on New York Stock Exchange. It employs 3524 people.
ELECTROMETALS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ELECTROMETALS TECH. 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 ELECTROMETALS TECH 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 ELECTROMETALS TECH's important profitability drivers and their relationship over time.
Use ELECTROMETALS TECH 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 ELECTROMETALS TECH 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 ELECTROMETALS TECH will appreciate offsetting losses from the drop in the long position's value.ELECTROMETALS TECH Pair Trading
ELECTROMETALS TECH Pair Trading Analysis
The ability to find closely correlated positions to TechnipFMC PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TechnipFMC PLC 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 TechnipFMC PLC - 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 TechnipFMC PLC to buy it.
The correlation of TechnipFMC PLC 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 TechnipFMC PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TechnipFMC PLC 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 TechnipFMC PLC 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 ELECTROMETALS TECH position
In addition to having ELECTROMETALS TECH 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 Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence 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 Artificial Intelligence Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in ELECTROMETALS Stock
If you are still planning to invest in ELECTROMETALS TECH check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ELECTROMETALS TECH's history and understand the potential risks before investing.
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