Global Quest Book Value Per Share vs. Price To Book
| GLBB Stock | USD 0.0001 0.00 0.00% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter (0) | Current Value (0) | Quarterly Volatility 0.0022486 |
For Global Quest profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Quest to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Quest utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Quest's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Quest over time as well as its relative position and ranking within its peers.
Global |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Quest. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Quest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Global Quest is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Quest's value that differs from its market value or its book value, called intrinsic value, which is Global Quest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Quest's market value can be influenced by many factors that don't directly affect Global Quest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Quest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Quest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Quest'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.
Global Quest Price To Book vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Quest's current stock value. Our valuation model uses many indicators to compare Global Quest value to that of its competitors to determine the firm's financial worth. Global Quest is rated below average in book value per share category among its peers. It is one of the top stocks in price to book category among its peers . At present, Global Quest's Book Value Per Share is projected to slightly decrease based on the last few years of reporting. 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 Global Quest's earnings, one of the primary drivers of an investment's value.Global Price To Book vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Global Quest |
| = | (0) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
Global Quest |
| = | 179.71 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.
Global Price To Book Comparison
Global Quest is currently under evaluation in price to book category among its peers.
Global Quest Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Quest, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Quest will eventually generate negative long term returns. The profitability progress is the general direction of Global Quest's change in net profit over the period of time. It can combine multiple indicators of Global Quest, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | -41.4 K | -43.4 K | |
| Net Loss | -43.8 K | -46 K | |
| Income Before Tax | -43.8 K | -46 K | |
| Net Loss | -43.8 K | -46 K | |
| Net Loss | -43.8 K | -46 K | |
| Change To Netincome | 2.5 K | 2.2 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.83 | 0.74 |
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Quest. 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 Global Quest 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 Global Quest's important profitability drivers and their relationship over time.
Use Global Quest 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 Global Quest 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 Global Quest will appreciate offsetting losses from the drop in the long position's value.Global Quest Pair Trading
Global Quest Pair Trading Analysis
The ability to find closely correlated positions to Global Quest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Quest 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 Global Quest - 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 Global Quest to buy it.
The correlation of Global Quest 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 Global Quest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Quest 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 Global Quest 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 Global Quest position
In addition to having Global Quest 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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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. For information on how to trade Global Stock refer to our How to Trade Global Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Global Quest's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Quest 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 Global Quest's income statement, its balance sheet, and the statement of cash flows.