ICOA EBITDA vs. Profit Margin
Based on the key profitability measurements obtained from ICOA's financial statements, ICOA Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess ICOA's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis.
For ICOA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ICOA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ICOA Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ICOA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ICOA Inc over time as well as its relative position and ranking within its peers.
ICOA |
ICOA Inc Profit Margin vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ICOA's current stock value. Our valuation model uses many indicators to compare ICOA value to that of its competitors to determine the firm's financial worth. ICOA Inc is rated below average in ebitda category among its peers. It is currently regarded as number one stock in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value ICOA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ICOA'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.ICOA Profit Margin 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.
ICOA |
| = | (4.11 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
ICOA |
| = | 10.36 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
ICOA Profit Margin Comparison
ICOA is currently under evaluation in profit margin category among its peers.
ICOA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ICOA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ICOA will eventually generate negative long term returns. The profitability progress is the general direction of ICOA's change in net profit over the period of time. It can combine multiple indicators of ICOA, 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.
ICOA, Inc. provides neutral-host wireless and wired broadband Internet services in the United States. ICOA, Inc. was founded in 1983 and is headquartered in Warwick, Rhode Island. ICOA INC is traded on OTC Exchange in the United States.
ICOA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ICOA. 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 ICOA 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 ICOA's important profitability drivers and their relationship over time.
Use ICOA 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 ICOA 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 ICOA will appreciate offsetting losses from the drop in the long position's value.ICOA Pair Trading
ICOA Inc Pair Trading Analysis
The ability to find closely correlated positions to ICOA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICOA 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 ICOA - 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 ICOA Inc to buy it.
The correlation of ICOA 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 ICOA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICOA Inc 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 ICOA 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 ICOA position
In addition to having ICOA 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 240 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 Most Shorted Equities Theme or any other thematic opportunities.
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Other Information on Investing in ICOA Pink Sheet
To fully project ICOA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ICOA Inc 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 ICOA's income statement, its balance sheet, and the statement of cash flows.