PARTS ID Price To Sales vs. Current Valuation
| IDDelisted Stock | USD 0.42 0.01 2.44% |
For PARTS ID profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PARTS ID to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PARTS ID utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PARTS ID's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PARTS ID over time as well as its relative position and ranking within its peers.
PARTS |
PARTS ID Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PARTS ID's current stock value. Our valuation model uses many indicators to compare PARTS ID value to that of its competitors to determine the firm's financial worth. PARTS ID is currently regarded as number one stock in price to sales category among its peers. It is rated fourth overall in current valuation category among its peers reporting about 517,790,052 of Current Valuation per Price To Sales. Comparative valuation analysis is a catch-all technique that is used if you cannot value PARTS ID by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.PARTS Current Valuation 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.
PARTS ID |
| = | 0.02 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.
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.
PARTS ID |
| = | 9.94 M |
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.
PARTS Current Valuation vs Competition
PARTS ID is rated fourth overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 4.7 Billion. PARTS ID adds roughly 9.94 Million in current valuation claiming only tiny portion of stocks in Consumer Discretionary industry.
PARTS ID Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PARTS ID, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PARTS ID will eventually generate negative long term returns. The profitability progress is the general direction of PARTS ID's change in net profit over the period of time. It can combine multiple indicators of PARTS ID, 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.
PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. The company was founded in 2008 and is based in Cranbury, New Jersey. Parts ID operates under Auto Parts classification in the United States and is traded on AMEX Exchange. It employs 108 people.
PARTS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PARTS ID. 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 PARTS ID 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 PARTS ID's important profitability drivers and their relationship over time.
Use PARTS ID 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 PARTS ID 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 PARTS ID will appreciate offsetting losses from the drop in the long position's value.PARTS ID Pair Trading
PARTS ID Pair Trading Analysis
The ability to find closely correlated positions to PARTS ID could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PARTS ID 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 PARTS ID - 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 PARTS ID to buy it.
The correlation of PARTS ID 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 PARTS ID moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PARTS ID 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 PARTS ID 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 PARTS ID position
In addition to having PARTS ID 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 Municipals ETFs Thematic Idea Now
Municipals ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Municipals ETFs theme has 111 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 Municipals ETFs 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 company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in PARTS Stock
If you are still planning to invest in PARTS ID 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 PARTS ID's history and understand the potential risks before investing.
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