Iiot Oxys Return On Asset vs. Current Valuation
| ITOX Stock | USD 0.0009 0.0001 10.00% |
For Iiot Oxys profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Iiot Oxys to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Iiot Oxys utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Iiot Oxys's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Iiot Oxys over time as well as its relative position and ranking within its peers.
Iiot |
Iiot Oxys Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Iiot Oxys's current stock value. Our valuation model uses many indicators to compare Iiot Oxys value to that of its competitors to determine the firm's financial worth. Iiot Oxys is rated second overall in return on asset category among its peers. It also is rated second overall in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Iiot Oxys by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Iiot Oxys' 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.Iiot Current Valuation 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.
Iiot Oxys |
| = | -0.87 |
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.
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.
Iiot Oxys |
| = | 1.55 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.
Iiot Current Valuation vs Competition
Iiot Oxys is rated second overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Computer Hardware industry is currently estimated at about 411.43 Billion. Iiot Oxys adds roughly 1.55 Million in current valuation claiming only tiny portion of stocks in Computer Hardware industry.
Iiot Oxys Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Iiot Oxys, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Iiot Oxys will eventually generate negative long term returns. The profitability progress is the general direction of Iiot Oxys' change in net profit over the period of time. It can combine multiple indicators of Iiot Oxys, 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.
IIOT-OXYS, Inc. identifies, develops, and markets engineered products, software, and services for industrial Internet applications. The company develops hardware, software, and algorithms that monitor, measure, and predict conditions for energy, agricultural, structural, and medical applications. Iiot Oxys operates under Computer Hardware classification in the United States and is traded on OTC Exchange. It employs 1 people.
Iiot Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Iiot Oxys. 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 Iiot Oxys 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 Iiot Oxys' important profitability drivers and their relationship over time.
Use Iiot Oxys 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 Iiot Oxys 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 Iiot Oxys will appreciate offsetting losses from the drop in the long position's value.Iiot Oxys Pair Trading
Iiot Oxys Pair Trading Analysis
The ability to find closely correlated positions to Iiot Oxys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iiot Oxys 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 Iiot Oxys - 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 Iiot Oxys to buy it.
The correlation of Iiot Oxys 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 Iiot Oxys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iiot Oxys 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 Iiot Oxys 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 Iiot Oxys position
In addition to having Iiot Oxys 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Additional Tools for Iiot Pink Sheet Analysis
When running Iiot Oxys' price analysis, check to measure Iiot Oxys' 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 Iiot Oxys is operating at the current time. Most of Iiot Oxys' value examination focuses on studying past and present price action to predict the probability of Iiot Oxys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iiot Oxys' price. Additionally, you may evaluate how the addition of Iiot Oxys to your portfolios can decrease your overall portfolio volatility.