Tykhe Corp Price To Earning vs. Return On Asset
| HALB Stock | USD 0 0.0001 2.94% |
For Tykhe Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tykhe Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tykhe Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tykhe Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tykhe Corp over time as well as its relative position and ranking within its peers.
Tykhe |
Tykhe Corp Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tykhe Corp's current stock value. Our valuation model uses many indicators to compare Tykhe Corp value to that of its competitors to determine the firm's financial worth. Tykhe Corp is one of the top stocks in price to earning category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.03 of Return On Asset per Price To Earning. The ratio of Price To Earning to Return On Asset for Tykhe Corp is roughly 39.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tykhe Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tykhe Corp'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.Tykhe Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Tykhe Corp |
| = | 3.67 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Tykhe Corp |
| = | 0.0941 |
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.
Tykhe Return On Asset Comparison
Tykhe Corp is currently under evaluation in return on asset category among its peers.
Tykhe Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tykhe Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tykhe Corp will eventually generate negative long term returns. The profitability progress is the general direction of Tykhe Corp's change in net profit over the period of time. It can combine multiple indicators of Tykhe Corp, 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.
Halberd Corporation, a biotech company, develops treatments for neurodegenerative diseases. The company was incorporated in 2009 and is based in Jackson Center, Pennsylvania. HALBERD CORP is traded on OTC Exchange in the United States.
Tykhe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tykhe Corp. 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 Tykhe Corp 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 Tykhe Corp's important profitability drivers and their relationship over time.
Use Tykhe Corp 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 Tykhe Corp 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 Tykhe Corp will appreciate offsetting losses from the drop in the long position's value.Tykhe Corp Pair Trading
Tykhe Corp Pair Trading Analysis
The ability to find closely correlated positions to Tykhe Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tykhe Corp 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 Tykhe Corp - 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 Tykhe Corp to buy it.
The correlation of Tykhe Corp 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 Tykhe Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tykhe Corp 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 Tykhe Corp 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 Tykhe Corp position
In addition to having Tykhe Corp 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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Other Information on Investing in Tykhe Pink Sheet
To fully project Tykhe Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tykhe Corp 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 Tykhe Corp's income statement, its balance sheet, and the statement of cash flows.