GetSwift Technologies Price To Book vs. Revenue
Based on GetSwift Technologies' profitability indicators, GetSwift Technologies Limited may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in March. Profitability indicators assess GetSwift Technologies' 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 housing.
Please note, there is a significant difference between GetSwift Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if GetSwift Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GetSwift Technologies' 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 GetSwift Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GetSwift Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GetSwift Technologies Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GetSwift Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GetSwift Technologies Limited over time as well as its relative position and ranking within its peers.
GetSwift |
GetSwift Technologies Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GetSwift Technologies's current stock value. Our valuation model uses many indicators to compare GetSwift Technologies value to that of its competitors to determine the firm's financial worth. GetSwift Technologies Limited is one of the top stocks in price to book category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 1,084,668,974 of Revenue per Price To Book. 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 GetSwift Technologies' earnings, one of the primary drivers of an investment's value.GetSwift Revenue vs. Price To Book
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.
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| = | 0.03 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.
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.
GetSwift Technologies |
| = | 33.84 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.
GetSwift Revenue vs Competition
GetSwift Technologies Limited is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Software-Application industry is currently estimated at about 6.29 Billion. GetSwift Technologies maintains roughly 33.84 Million in revenue contributing less than 1% to equities listed under Software-Application industry.
GetSwift Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GetSwift Technologies. 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 GetSwift Technologies 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 GetSwift Technologies' important profitability drivers and their relationship over time.
Use GetSwift Technologies 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 GetSwift Technologies 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 GetSwift Technologies will appreciate offsetting losses from the drop in the long position's value.GetSwift Technologies Pair Trading
GetSwift Technologies Limited Pair Trading Analysis
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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 GetSwift Technologies position
In addition to having GetSwift Technologies 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 Large Blend Funds Thematic Idea Now
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Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 39 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 Large Blend Funds 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 housing. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in GetSwift Pink Sheet
If you are still planning to invest in GetSwift Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the GetSwift Technologies' history and understand the potential risks before investing.
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