ELECTROMETALS TECH Shares Outstanding vs. Price To Earning
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 Price To Earning vs. Shares Outstanding 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 one of the top stocks in shares outstanding category among its peers. It also is one of the top stocks in price to earning category among its peers . The ratio of Shares Outstanding to Price To Earning for ELECTROMETALS TECH is about 36,160,950 . 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 Price To Earning vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
ELECTROMETALS TECH |
| = | 137.05 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
ELECTROMETALS TECH |
| = | 3.79 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
ELECTROMETALS Price To Earning Comparison
ELECTROMETALS TECH is currently under evaluation in price to earning 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 Kohls Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kohls Corp 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 Kohls Corp - 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 Kohls Corp to buy it.
The correlation of Kohls Corp 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 Kohls Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kohls 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 Kohls Corp 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 Russia On Wall Street Thematic Idea Now
Russia On Wall Street
Cross-sector and cross-instrument bundle of publicly traded Russian entities that are expected to be listed on USA exchanges or over the counter. The Russia On Wall Street theme has 23 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 Russia On Wall Street Theme or any other thematic opportunities.
| View All Next | Launch |
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |