GN Store Net Income vs. Market Capitalization
| GNNDY Stock | USD 57.00 0.52 0.92% |
For GN Store profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GN Store to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GN Store Nord utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GN Store's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GN Store Nord over time as well as its relative position and ranking within its peers.
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GN Store Nord Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GN Store's current stock value. Our valuation model uses many indicators to compare GN Store value to that of its competitors to determine the firm's financial worth. GN Store Nord is one of the top stocks in net income category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about 5.91 of Market Capitalization per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value GN Store by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GN Store's Pink Sheet. 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.GNNDY Market Capitalization vs. Net Income
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.
GN Store |
| = | 511 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
GN Store |
| = | 3.02 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
GNNDY Market Capitalization vs Competition
GN Store Nord is one of the top stocks in market capitalization category among its peers. Market capitalization of Medical Devices industry is currently estimated at about 128.08 Billion. GN Store holds roughly 3.02 Billion in market capitalization claiming about 2.36% of all equities under Medical Devices industry.
GN Store Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GN Store, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GN Store will eventually generate negative long term returns. The profitability progress is the general direction of GN Store's change in net profit over the period of time. It can combine multiple indicators of GN Store, 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.
GN Store Nord AS develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions in Denmark, rest of Europe, North America, and internationally. GN Store Nord AS was founded in 1869 and is based in Ballerup, Denmark. GN STORE is traded on OTC Exchange in the United States.
GNNDY Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GN Store. 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 GN Store 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 GN Store's important profitability drivers and their relationship over time.
Use GN Store 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 GN Store 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 GN Store will appreciate offsetting losses from the drop in the long position's value.GN Store Pair Trading
GN Store Nord Pair Trading Analysis
The ability to find closely correlated positions to GN Store could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GN Store 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 GN Store - 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 GN Store Nord to buy it.
The correlation of GN Store 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 GN Store moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GN Store Nord 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 GN Store 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 GN Store position
In addition to having GN Store 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 45 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for GNNDY Pink Sheet Analysis
When running GN Store's price analysis, check to measure GN Store'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 GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.