Halitron Earnings Per Share vs. Current Ratio
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For Halitron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Halitron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Halitron utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Halitron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Halitron over time as well as its relative position and ranking within its peers.
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Halitron Current Ratio vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Halitron's current stock value. Our valuation model uses many indicators to compare Halitron value to that of its competitors to determine the firm's financial worth. Halitron is rated # 5 in earnings per share category among its peers. It also is rated # 5 in current ratio category among its peers fabricating about 1,130 of Current Ratio per Earnings Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Halitron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Halitron'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.Halitron Current Ratio vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Halitron Current Ratio Comparison
Halitron is currently under evaluation in current ratio category among its peers.
Halitron Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Halitron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Halitron will eventually generate negative long term returns. The profitability progress is the general direction of Halitron's change in net profit over the period of time. It can combine multiple indicators of Halitron, 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.
Halitron, Inc., an equity holding company, focuses on acquiring sales, marketing, and manufacturing businesses and rolls their assets into its infrastructure. The company was founded in 2003 and is based in Newtown, Connecticut with a location in San Diego, California. Halitron operates under Capital Markets classification in the United States and is traded on OTC Exchange.
Halitron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Halitron. 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 Halitron 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 Halitron's important profitability drivers and their relationship over time.
Use Halitron 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 Halitron 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 Halitron will appreciate offsetting losses from the drop in the long position's value.Halitron Pair Trading
Halitron Pair Trading Analysis
The ability to find closely correlated positions to Halitron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Halitron 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 Halitron - 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 Halitron to buy it.
The correlation of Halitron 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 Halitron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Halitron 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 Halitron 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 Halitron position
In addition to having Halitron 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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FinTech
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Other Information on Investing in Halitron Pink Sheet
To fully project Halitron's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Halitron 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 Halitron's income statement, its balance sheet, and the statement of cash flows.