Impax Environmental Revenue vs. Price To Sales
| IEM Stock | 383.00 2.00 0.52% |
For Impax Environmental profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Impax Environmental to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Impax Environmental Markets utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Impax Environmental's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Impax Environmental Markets over time as well as its relative position and ranking within its peers.
Impax |
Impax Environmental Price To Sales vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Impax Environmental's current stock value. Our valuation model uses many indicators to compare Impax Environmental value to that of its competitors to determine the firm's financial worth. Impax Environmental Markets is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in price to sales category among its peers . The ratio of Revenue to Price To Sales for Impax Environmental Markets is about 3,748,712 . 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 Impax Environmental's earnings, one of the primary drivers of an investment's value.Impax Revenue vs. Competition
Impax Environmental Markets is considered the number one company in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 249.89 Billion. Impax Environmental adds roughly 64.05 Million in revenue claiming only tiny portion of equities under Financials industry.
Impax Price To Sales vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Impax Environmental |
| = | 64.05 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Impax Environmental |
| = | 17.08 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.
Impax Price To Sales Comparison
Impax Environmental is currently under evaluation in price to sales category among its peers.
Impax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Impax Environmental. 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 Impax Environmental 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 Impax Environmental's important profitability drivers and their relationship over time.
Use Impax Environmental 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 Impax Environmental 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 Impax Environmental will appreciate offsetting losses from the drop in the long position's value.Impax Environmental Pair Trading
Impax Environmental Markets Pair Trading Analysis
The ability to find closely correlated positions to Impax Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Impax Environmental 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 Impax Environmental - 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 Impax Environmental Markets to buy it.
The correlation of Impax Environmental 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 Impax Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Impax Environmental 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 Impax Environmental 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 Impax Environmental position
In addition to having Impax Environmental 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?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs theme has 68 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 & Mid Caps ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Impax Stock
To fully project Impax Environmental's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Impax Environmental 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 Impax Environmental's income statement, its balance sheet, and the statement of cash flows.