| GH Stock | | | CAD 10.77 0.05 0.46% |
Based on Gamehost's profitability indicators, Gamehost's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Gamehost's ability to earn profits and add value for shareholders. As of the 30th of November 2024,
Operating Cash Flow Sales Ratio is likely to grow to 0.39, while
Price To Sales Ratio is likely to drop 2.35. At this time, Gamehost's
Net Income Applicable To Common Shares is very stable compared to the past year. As of the 30th of November 2024,
Income Quality is likely to grow to 1.96, while
Operating Income is likely to drop about 21.1
M.
For Gamehost profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gamehost to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Gamehost utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gamehost's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gamehost over time as well as its relative position and ranking within its peers.
Check out
Risk vs Return Analysis.
Please note, there is a significant difference between Gamehost's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gamehost is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gamehost'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.
Gamehost Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gamehost's current stock value. Our valuation model uses many indicators to compare Gamehost value to that of its competitors to determine the firm's financial worth.
Gamehost is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in price to book category among its peers fabricating about
20.38 of Price To Book per Return On Asset. As of the 30th of November 2024,
Price To Book Ratio is likely to drop to 1.80. Comparative valuation analysis is a catch-all model that can be used if you cannot value Gamehost by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gamehost'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.
Gamehost Price To Book vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Gamehost | Return On Asset | = | Net IncomeTotal Assets |
| = | 0.0991 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Gamehost | P/B | = | MV Per ShareBV Per Share |
| = | 2.02 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Gamehost Price To Book Comparison
Gamehost is currently under evaluation in price to book category among its peers.
Gamehost Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gamehost, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gamehost will eventually generate negative long term returns. The profitability progress is the general direction of Gamehost's change in net profit over the period of time. It can combine
multiple indicators of Gamehost, 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.
Gamehost Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Gamehost. 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 Gamehost 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 Gamehost's important profitability drivers and their relationship over time.
Use Gamehost 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 Gamehost 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 Gamehost will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Gamehost could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamehost 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 Gamehost - 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 Gamehost to buy it.
The correlation of Gamehost 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 Gamehost moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamehost 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 Gamehost 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 Gamehost position
In addition to having Gamehost 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.
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 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
Preferred Stock ETFs Theme or any other
thematic opportunities.
Other Information on Investing in Gamehost Stock
To fully project Gamehost's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Gamehost 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 Gamehost's income statement, its balance sheet, and the statement of cash flows.
Potential Gamehost investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Gamehost investors may work on each financial statement separately, they are all related. The changes in Gamehost's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gamehost's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
