GREENLIGHT CAP Price To Sales vs. Net Income
| G8L Stock | EUR 13.30 0.40 2.92% |
For GREENLIGHT CAP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GREENLIGHT CAP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GREENLIGHT CAP RE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GREENLIGHT CAP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GREENLIGHT CAP RE over time as well as its relative position and ranking within its peers.
GREENLIGHT |
GREENLIGHT CAP RE Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GREENLIGHT CAP's current stock value. Our valuation model uses many indicators to compare GREENLIGHT CAP value to that of its competitors to determine the firm's financial worth. GREENLIGHT CAP RE is rated # 3 in price to sales category among its peers. It is one of the top stocks in net income category among its peers making up about 33,667,880 of Net Income per Price To Sales. 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 GREENLIGHT CAP's earnings, one of the primary drivers of an investment's value.GREENLIGHT 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.
GREENLIGHT CAP |
| = | 0.52 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.
GREENLIGHT CAP |
| = | 17.58 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.
GREENLIGHT Net Income Comparison
GREENLIGHT CAP is currently under evaluation in net income category among its peers.
GREENLIGHT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GREENLIGHT CAP. 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 GREENLIGHT CAP 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 GREENLIGHT CAP's important profitability drivers and their relationship over time.
Use GREENLIGHT CAP 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 GREENLIGHT CAP 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 GREENLIGHT CAP will appreciate offsetting losses from the drop in the long position's value.GREENLIGHT CAP Pair Trading
GREENLIGHT CAP RE Pair Trading Analysis
The ability to find closely correlated positions to GREENLIGHT CAP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GREENLIGHT CAP 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 GREENLIGHT CAP - 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 GREENLIGHT CAP RE to buy it.
The correlation of GREENLIGHT CAP 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 GREENLIGHT CAP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GREENLIGHT CAP RE 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 GREENLIGHT CAP 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 GREENLIGHT CAP position
In addition to having GREENLIGHT CAP 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Other Information on Investing in GREENLIGHT Stock
To fully project GREENLIGHT CAP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GREENLIGHT CAP RE 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 GREENLIGHT CAP's income statement, its balance sheet, and the statement of cash flows.