Galaxy Digital Number Of Shares Shorted vs. Price To Sales
Taking into consideration Galaxy Digital's profitability measurements, Galaxy Digital Holdings may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in March. Profitability indicators assess Galaxy Digital'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 Galaxy Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Digital'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 Galaxy Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galaxy Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galaxy Digital Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galaxy Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galaxy Digital Holdings over time as well as its relative position and ranking within its peers.
Galaxy |
Galaxy Digital Holdings Price To Sales vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galaxy Digital's current stock value. Our valuation model uses many indicators to compare Galaxy Digital value to that of its competitors to determine the firm's financial worth. Galaxy Digital Holdings is rated # 2 in number of shares shorted category among its peers. It is one of the top stocks in price to sales category among its peers . The ratio of Number Of Shares Shorted to Price To Sales for Galaxy Digital Holdings is about 74,614 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Galaxy Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Galaxy Digital'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.Galaxy Price To Sales vs. Number Of Shares Shorted
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.
Galaxy Digital |
| = | 2.59 M |
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.
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.
Galaxy Digital |
| = | 34.67 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.
Galaxy Price To Sales Comparison
Galaxy Digital is currently under evaluation in price to sales category among its peers.
Galaxy Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galaxy Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galaxy Digital will eventually generate negative long term returns. The profitability progress is the general direction of Galaxy Digital's change in net profit over the period of time. It can combine multiple indicators of Galaxy Digital, 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.
Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. Galaxy Digital Holdings Ltd. is headquartered in New York, New York. GALAXY DIGITAL is traded on Toronto Stock Exchange in Canada.
Galaxy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galaxy Digital. 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 Galaxy Digital 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 Galaxy Digital's important profitability drivers and their relationship over time.
Use Galaxy Digital 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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Galaxy Digital Pair Trading
Galaxy Digital Holdings Pair Trading Analysis
The ability to find closely correlated positions to Autodesk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autodesk 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 Autodesk - 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 Autodesk to buy it.
The correlation of Autodesk 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 Autodesk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autodesk 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 Autodesk 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 Galaxy Digital position
In addition to having Galaxy Digital 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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Airlines
Domestic and international airlines and airline services. The Airlines theme has 32 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 Airlines Theme or any other thematic opportunities.
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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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Tools for Galaxy Stock
When running Galaxy Digital's price analysis, check to measure Galaxy Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galaxy Digital is operating at the current time. Most of Galaxy Digital's value examination focuses on studying past and present price action to predict the probability of Galaxy Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Digital's price. Additionally, you may evaluate how the addition of Galaxy Digital to your portfolios can decrease your overall portfolio volatility.
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