McChip Resources Price To Earning vs. Revenue
| MCS Stock | CAD 0.90 0.06 7.14% |
For McChip Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of McChip Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well McChip Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between McChip Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of McChip Resources over time as well as its relative position and ranking within its peers.
McChip |
McChip Resources Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining McChip Resources's current stock value. Our valuation model uses many indicators to compare McChip Resources value to that of its competitors to determine the firm's financial worth. McChip Resources is considered to be number one stock in price to earning category among its peers. It is regarded third in revenue category among its peers totaling about 176,651 of Revenue per Price To Earning. At this time, McChip Resources' Total Revenue is fairly stable compared to the past year. 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 McChip Resources' earnings, one of the primary drivers of an investment's value.McChip Revenue vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
McChip Resources |
| = | 2.72 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
McChip Resources |
| = | 480.49 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.
McChip Revenue vs Competition
McChip Resources is regarded third in revenue category among its peers. Market size based on revenue of Energy industry is now estimated at about 329 Million. McChip Resources adds roughly 480,492 in revenue claiming only tiny portion of equities under Energy industry.
McChip Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in McChip Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, McChip Resources will eventually generate negative long term returns. The profitability progress is the general direction of McChip Resources' change in net profit over the period of time. It can combine multiple indicators of McChip Resources, 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 | ||
| Operating Income | -363 K | -381.2 K | |
| Net Income From Continuing Ops | 563.1 K | 591.3 K | |
| Income Before Tax | 563.1 K | 591.3 K | |
| Total Other Income Expense Net | 926.2 K | 656.7 K | |
| Net Income Applicable To Common Shares | 1.4 M | 1.5 M | |
| Net Income | 563.1 K | 591.3 K | |
| Income Tax Expense | -74.2 K | -70.5 K | |
| Change To Netincome | -1 M | -966.8 K |
McChip Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on McChip Resources. 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 McChip Resources 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 McChip Resources' important profitability drivers and their relationship over time.
Use McChip Resources 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 McChip Resources 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 McChip Resources will appreciate offsetting losses from the drop in the long position's value.McChip Resources Pair Trading
McChip Resources Pair Trading Analysis
The ability to find closely correlated positions to McChip Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McChip Resources 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 McChip Resources - 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 McChip Resources to buy it.
The correlation of McChip Resources 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 McChip Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McChip Resources 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 McChip Resources 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 McChip Resources position
In addition to having McChip Resources 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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Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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Additional Tools for McChip Stock Analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.