JonDeTech Sensors Revenue vs. Shares Outstanding
| JDT Stock | 2.90 0.38 11.59% |
For JonDeTech Sensors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JonDeTech Sensors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JonDeTech Sensors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JonDeTech Sensors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JonDeTech Sensors over time as well as its relative position and ranking within its peers.
JonDeTech |
JonDeTech Sensors Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JonDeTech Sensors's current stock value. Our valuation model uses many indicators to compare JonDeTech Sensors value to that of its competitors to determine the firm's financial worth. JonDeTech Sensors is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in shares outstanding category among its peers creating about 14,648 of Shares Outstanding per Revenue. 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 JonDeTech Sensors' earnings, one of the primary drivers of an investment's value.JonDeTech Revenue vs. Competition
JonDeTech Sensors is considered the number one company in revenue category among its peers. Market size based on revenue of Electronic Components industry is currently estimated at about 9.81 Billion. JonDeTech Sensors adds roughly 6,138 in revenue claiming only tiny portion of equities under Electronic Components industry.
JonDeTech Shares Outstanding 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.
JonDeTech Sensors |
| = | 6.14 K |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
JonDeTech Sensors |
| = | 89.91 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
JonDeTech Shares Outstanding Comparison
JonDeTech Sensors is currently under evaluation in shares outstanding category among its peers.
JonDeTech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JonDeTech Sensors. 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 JonDeTech Sensors 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 JonDeTech Sensors' important profitability drivers and their relationship over time.
Use JonDeTech Sensors 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 JonDeTech Sensors 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 JonDeTech Sensors will appreciate offsetting losses from the drop in the long position's value.JonDeTech Sensors Pair Trading
JonDeTech Sensors Pair Trading Analysis
The ability to find closely correlated positions to JonDeTech Sensors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JonDeTech Sensors 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 JonDeTech Sensors - 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 JonDeTech Sensors to buy it.
The correlation of JonDeTech Sensors 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 JonDeTech Sensors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JonDeTech Sensors 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 JonDeTech Sensors 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 JonDeTech Sensors position
In addition to having JonDeTech Sensors 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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Additional Tools for JonDeTech Stock Analysis
When running JonDeTech Sensors' price analysis, check to measure JonDeTech Sensors' 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 JonDeTech Sensors is operating at the current time. Most of JonDeTech Sensors' value examination focuses on studying past and present price action to predict the probability of JonDeTech Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JonDeTech Sensors' price. Additionally, you may evaluate how the addition of JonDeTech Sensors to your portfolios can decrease your overall portfolio volatility.