EyecityCom Profitability Analysis
EyecityCom Operating Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EyecityCom's current stock value. Our valuation model uses many indicators to compare EyecityCom value to that of its competitors to determine the firm's financial worth. EyecityCom is rated second overall in return on asset category among its peers. It is currently regarded as number one stock in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value EyecityCom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EyecityCom'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.EyecityCom Operating Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
EyecityCom |
| = | -1.58 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
EyecityCom |
| = | (37.08) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
EyecityCom Operating Margin Comparison
EyecityCom is currently under evaluation in operating margin category among its peers.
EyecityCom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EyecityCom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EyecityCom will eventually generate negative long term returns. The profitability progress is the general direction of EyecityCom's change in net profit over the period of time. It can combine multiple indicators of EyecityCom, 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.
EyeCity.com, Inc. operates as a natural resource exploration company. The company was incorporated in 1977 and is based in Lake Mary, Florida. Eyecity is traded on OTC Exchange in the United States.
EyecityCom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EyecityCom. 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 EyecityCom 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 EyecityCom's important profitability drivers and their relationship over time.
EyecityCom Earnings per Share Projection vs Actual
Use EyecityCom 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 EyecityCom 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 EyecityCom will appreciate offsetting losses from the drop in the long position's value.EyecityCom Pair Trading
EyecityCom Pair Trading Analysis
The ability to find closely correlated positions to EyecityCom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EyecityCom 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 EyecityCom - 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 EyecityCom to buy it.
The correlation of EyecityCom 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 EyecityCom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EyecityCom 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 EyecityCom 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 EyecityCom position
In addition to having EyecityCom 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 Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 43 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 Artificial Intelligence Theme or any other thematic opportunities.
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Additional Tools for EyecityCom Pink Sheet Analysis
When running EyecityCom's price analysis, check to measure EyecityCom'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 EyecityCom is operating at the current time. Most of EyecityCom's value examination focuses on studying past and present price action to predict the probability of EyecityCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EyecityCom's price. Additionally, you may evaluate how the addition of EyecityCom to your portfolios can decrease your overall portfolio volatility.