Kneat Price To Sales vs. Short Ratio
| KSI Stock | 5.26 0.01 0.19% |
Kneat Price To Sales Ratio |
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For Kneat profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kneat to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kneat Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kneat's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kneat Inc over time as well as its relative position and ranking within its peers.
Kneat |
Kneat Inc Short Ratio vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kneat's current stock value. Our valuation model uses many indicators to compare Kneat value to that of its competitors to determine the firm's financial worth. Kneat Inc is currently regarded as number one stock in price to sales category among its peers. It also is currently regarded as number one stock in short ratio category among its peers fabricating about 0.06 of Short Ratio per Price To Sales. The ratio of Price To Sales to Short Ratio for Kneat Inc is roughly 17.64 . At this time, Kneat's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kneat by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kneat's Stock. 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.Kneat Short Ratio 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.
Kneat |
| = | 10.94 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Kneat |
| = | 0.62 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Kneat Short Ratio Comparison
Kneat is currently under evaluation in short ratio category among its peers.
Kneat Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kneat, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kneat will eventually generate negative long term returns. The profitability progress is the general direction of Kneat's change in net profit over the period of time. It can combine multiple indicators of Kneat, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 169.4 K | 271.9 K | |
| Operating Income | -13.5 M | -14.2 M | |
| Income Before Tax | -14.1 M | -14.8 M | |
| Total Other Income Expense Net | -529.4 K | -555.9 K | |
| Net Loss | -14.1 M | -14.8 M | |
| Income Tax Expense | 55.9 K | 58.7 K | |
| Interest Income | 6.6 K | 6.3 K | |
| Net Loss | -8.2 M | -8.6 M | |
| Net Interest Income | -1.1 M | -1 M | |
| Net Loss | -14.1 M | -13.4 M | |
| Change To Netincome | 575.5 K | 1 M | |
| Net Loss | (0.18) | (0.19) | |
| Income Quality | 0.09 | 0.09 | |
| Net Income Per E B T | 1.00 | 0.78 |
Kneat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kneat. 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 Kneat 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 Kneat's important profitability drivers and their relationship over time.
Use Kneat 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 Kneat 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 Kneat will appreciate offsetting losses from the drop in the long position's value.Kneat Pair Trading
Kneat Inc Pair Trading Analysis
The ability to find closely correlated positions to Kneat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kneat 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 Kneat - 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 Kneat Inc to buy it.
The correlation of Kneat 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 Kneat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kneat Inc 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 Kneat 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 Kneat position
In addition to having Kneat 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 Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in Kneat Stock
To fully project Kneat's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kneat Inc 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 Kneat's income statement, its balance sheet, and the statement of cash flows.