BMTC Revenue vs. Number Of Shares Shorted
Based on the measurements of profitability obtained from BMTC's financial statements, BMTC Group may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess BMTC's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis 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 board of governors.
Please note, there is a significant difference between BMTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BMTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BMTC'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 BMTC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BMTC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BMTC Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BMTC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BMTC Group over time as well as its relative position and ranking within its peers.
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BMTC Group Number Of Shares Shorted vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BMTC's current stock value. Our valuation model uses many indicators to compare BMTC value to that of its competitors to determine the firm's financial worth. BMTC Group is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in number of shares shorted category among its peers . The ratio of Revenue to Number Of Shares Shorted for BMTC Group is about 365,958 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BMTC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BMTC's Stock. 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.BMTC Revenue vs. Competition
BMTC Group is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 6.21 Billion. BMTC holds roughly 578.95 Million in revenue claiming about 9% of stocks in Consumer Discretionary industry.
BMTC Number Of Shares Shorted vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 578.95 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
BMTC |
| = | 1.58 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
BMTC Number Of Shares Shorted Comparison
BMTC is currently under evaluation in number of shares shorted category among its peers.
BMTC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BMTC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BMTC will eventually generate negative long term returns. The profitability progress is the general direction of BMTC's change in net profit over the period of time. It can combine multiple indicators of BMTC, 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.
BMTC Group Inc., through its subsidiary, Ameublements Tanguay Inc., manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company was founded in 1989 and is headquartered in Montreal, Canada. BMTC GROUP operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 1704 people.
BMTC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BMTC. 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 BMTC 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 BMTC's important profitability drivers and their relationship over time.
Use BMTC 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 BMTC 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 BMTC will appreciate offsetting losses from the drop in the long position's value.BMTC Pair Trading
BMTC Group Pair Trading Analysis
The ability to find closely correlated positions to FirstEnergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstEnergy 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 FirstEnergy - 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 FirstEnergy to buy it.
The correlation of FirstEnergy 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 FirstEnergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstEnergy 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 FirstEnergy 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 BMTC position
In addition to having BMTC 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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Music and Video
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 36 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 Music and Video Theme or any other thematic opportunities.
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Other Information on Investing in BMTC Stock
To fully project BMTC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BMTC Group 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 BMTC's income statement, its balance sheet, and the statement of cash flows.