Humble Fume EBITDA vs. Return On Equity
| HUMBFDelisted Stock | USD 0.05 0.00 0.00% |
For Humble Fume profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Humble Fume to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Humble Fume utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Humble Fume's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Humble Fume over time as well as its relative position and ranking within its peers.
Humble |
Humble Fume Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Humble Fume's current stock value. Our valuation model uses many indicators to compare Humble Fume value to that of its competitors to determine the firm's financial worth. Humble Fume is one of the top stocks in ebitda category among its peers. It is rated below average in return on equity category among its peers . 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 Humble Fume's earnings, one of the primary drivers of an investment's value.Humble Return On Equity vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Humble Fume |
| = | (15.04 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Humble Fume |
| = | -0.67 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Humble Return On Equity Comparison
Humble Fume is currently under evaluation in return on equity category among its peers.
Humble Fume Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Humble Fume, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Humble Fume will eventually generate negative long term returns. The profitability progress is the general direction of Humble Fume's change in net profit over the period of time. It can combine multiple indicators of Humble Fume, 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.
Humble Fume Inc. provides cannabis distribution solutions for retailers, Canadian licensed producers, American multi-state operators, and cannabis customers in North America. The company manufactures and extracts cannabis concentrates under the Fume brand name and offers various products, including wood-crafted smoking accessories under the Elevate brand, as well as grinders, glass pipes, rigs, silicone, quartz bangers, and other cannabis accessories under the Piranha brand. Humble Fume is traded on OTC Exchange in the United States.
Humble Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Humble Fume. 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 Humble Fume 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 Humble Fume's important profitability drivers and their relationship over time.
Use Humble Fume 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 Humble Fume 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 Humble Fume will appreciate offsetting losses from the drop in the long position's value.Humble Fume Pair Trading
Humble Fume Pair Trading Analysis
The ability to find closely correlated positions to Humble Fume could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Humble Fume 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 Humble Fume - 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 Humble Fume to buy it.
The correlation of Humble Fume 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 Humble Fume moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Humble Fume 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 Humble Fume 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 Humble Fume position
In addition to having Humble Fume 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Humble Fume information on this page should be used as a complementary analysis to other Humble Fume's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Humble OTC Stock
If you are still planning to invest in Humble Fume 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 Humble Fume's history and understand the potential risks before investing.
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