Hydrogenetics Current Valuation vs. EBITDA
| HYGNDelisted Stock | USD 0.0001 0.00 0.00% |
For Hydrogenetics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hydrogenetics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hydrogenetics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hydrogenetics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hydrogenetics over time as well as its relative position and ranking within its peers.
Hydrogenetics |
Hydrogenetics EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hydrogenetics's current stock value. Our valuation model uses many indicators to compare Hydrogenetics value to that of its competitors to determine the firm's financial worth. Hydrogenetics is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in ebitda 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 Hydrogenetics' earnings, one of the primary drivers of an investment's value.Hydrogenetics Current Valuation vs. Competition
Hydrogenetics is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Auto Parts industry is currently estimated at about 517.59 Billion. Hydrogenetics has negative current valuation of (290,509) contributing nothing to the industry.
Hydrogenetics EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hydrogenetics |
| = | (290.51 K) |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Hydrogenetics |
| = | (304.34 K) |
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.
Hydrogenetics EBITDA Comparison
Hydrogenetics is currently under evaluation in ebitda category among its peers.
Hydrogenetics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hydrogenetics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hydrogenetics will eventually generate negative long term returns. The profitability progress is the general direction of Hydrogenetics' change in net profit over the period of time. It can combine multiple indicators of Hydrogenetics, 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.
Hydrogenetics, Inc., through its subsidiary, HydroAxis Technologies, Inc., develops a hydrogen generating system to be used as a complete device for gas and diesel internal combustion engine in various markets worldwide, such as automotive, truck, marine, farm tractors, earth moving vehicles, military, locomotive engines, mining, home heating units, generators, recreation vehicles, fork trucks, and lawn mowers using diesel or gas engines. The company was formerly known as Global Entertainment Acquisition Corp. and changed its name to Hydrogenetics, Inc. in August 2008. HYDROGENETICS INC operates under Auto Parts classification in the United States and is traded on PNK Exchange. It employs 1 people.
Hydrogenetics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hydrogenetics. 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 Hydrogenetics 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 Hydrogenetics' important profitability drivers and their relationship over time.
Use Hydrogenetics 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 Hydrogenetics 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 Hydrogenetics will appreciate offsetting losses from the drop in the long position's value.Hydrogenetics Pair Trading
Hydrogenetics Pair Trading Analysis
The ability to find closely correlated positions to Hydrogenetics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydrogenetics 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 Hydrogenetics - 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 Hydrogenetics to buy it.
The correlation of Hydrogenetics 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 Hydrogenetics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydrogenetics 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 Hydrogenetics 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 Hydrogenetics position
In addition to having Hydrogenetics 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 Cap ETFs Thematic Idea Now
Large Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large Cap ETFs theme has 678 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 Cap ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
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 price. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Hydrogenetics Stock
If you are still planning to invest in Hydrogenetics 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 Hydrogenetics' history and understand the potential risks before investing.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |