Cannabiz Mobile Book Value Per Share vs. Operating Margin
Based on the measurements of profitability obtained from Cannabiz Mobile's financial statements, Cannabiz Mobile may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Cannabiz Mobile's ability to earn profits and add value for shareholders.
Check out Correlation Analysis.
For Cannabiz Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cannabiz Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cannabiz Mobile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cannabiz Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cannabiz Mobile over time as well as its relative position and ranking within its peers.
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Cannabiz Mobile Operating Margin vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cannabiz Mobile's current stock value. Our valuation model uses many indicators to compare Cannabiz Mobile value to that of its competitors to determine the firm's financial worth. Cannabiz Mobile is currently regarded as number one stock in book value per share category among its peers. It also is currently regarded as number one stock in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cannabiz Mobile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cannabiz Mobile's 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.Cannabiz Operating Margin vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Cannabiz Mobile |
| = | (0.14) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Cannabiz Mobile |
| = | (0.95) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Cannabiz Operating Margin Comparison
Cannabiz Mobile is currently under evaluation in operating margin category among its peers.
Cannabiz Mobile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cannabiz Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cannabiz Mobile will eventually generate negative long term returns. The profitability progress is the general direction of Cannabiz Mobile's change in net profit over the period of time. It can combine multiple indicators of Cannabiz Mobile, 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.
Cannabiz Mobile, Inc. operates as a mobile media and marketing company for businesses in the medical marijuana industry primarily in the United States and Canada. The company was formerly known as Lion Gold Brazil, Inc. and changed its name to Cannabiz Mobile, Inc. in June 2014. Cannabiz Mobile operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 9 people.
Cannabiz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cannabiz Mobile. 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 Cannabiz Mobile 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 Cannabiz Mobile's important profitability drivers and their relationship over time.
Use Cannabiz Mobile 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 Cannabiz Mobile 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 Cannabiz Mobile will appreciate offsetting losses from the drop in the long position's value.Cannabiz Mobile Pair Trading
Cannabiz Mobile Pair Trading Analysis
The ability to find closely correlated positions to Cannabiz Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannabiz Mobile 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 Cannabiz Mobile - 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 Cannabiz Mobile to buy it.
The correlation of Cannabiz Mobile 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 Cannabiz Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannabiz Mobile 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 Cannabiz Mobile 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 Cannabiz Mobile position
In addition to having Cannabiz Mobile 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Cannabiz Pink Sheet
To fully project Cannabiz Mobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cannabiz Mobile 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 Cannabiz Mobile's income statement, its balance sheet, and the statement of cash flows.