HighCom Global Price To Sales vs. Net Income
HighCom Global Security Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HighCom Global's current stock value. Our valuation model uses many indicators to compare HighCom Global value to that of its competitors to determine the firm's financial worth. HighCom Global Security is one of the top stocks in price to sales category among its peers. It is rated # 4 in net income category among its peers making up about 134,609 of Net Income per Price To Sales. 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 HighCom Global's earnings, one of the primary drivers of an investment's value.HighCom Net Income vs. Price To Sales
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.
HighCom Global |
| = | 0.83 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.
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.
HighCom Global |
| = | 111.09 K |
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.
HighCom Net Income Comparison
HighCom Global is currently under evaluation in net income category among its peers.
HighCom Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HighCom Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HighCom Global will eventually generate negative long term returns. The profitability progress is the general direction of HighCom Global's change in net profit over the period of time. It can combine multiple indicators of HighCom Global, 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.
HighCom Global Security, Inc., together with its subsidiaries, designs, develops, manufactures, and distributes security products and personal protective gears in the United States and internationally. HighCom Global Security, Inc. was incorporated in 2003 and is based in Columbus, Ohio. Highcom Global operates under Security Protection Services classification in the United States and is traded on OTC Exchange.
HighCom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HighCom Global. 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 HighCom Global 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 HighCom Global's important profitability drivers and their relationship over time.
HighCom Global Earnings per Share Projection vs Actual
Use HighCom Global 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 HighCom Global 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 HighCom Global will appreciate offsetting losses from the drop in the long position's value.HighCom Global Pair Trading
HighCom Global Security Pair Trading Analysis
The ability to find closely correlated positions to HighCom Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HighCom Global 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 HighCom Global - 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 HighCom Global Security to buy it.
The correlation of HighCom Global 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 HighCom Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HighCom Global Security 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 HighCom Global 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 HighCom Global position
In addition to having HighCom Global 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 Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 37 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 Exotic Funds Theme or any other thematic opportunities.
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Additional Tools for HighCom Pink Sheet Analysis
When running HighCom Global's price analysis, check to measure HighCom Global'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 HighCom Global is operating at the current time. Most of HighCom Global's value examination focuses on studying past and present price action to predict the probability of HighCom Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighCom Global's price. Additionally, you may evaluate how the addition of HighCom Global to your portfolios can decrease your overall portfolio volatility.