Metromile Revenue vs. Current Valuation
Understanding that Metromile's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Metromile represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Metromile's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.Metromile Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metromile's current stock value. Our valuation model uses many indicators to compare Metromile value to that of its competitors to determine the firm's financial worth. Metromile is rated top company in revenue category among its peers. It also is rated top company in current valuation category among its peers reporting about 0.66 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Metromile is roughly 1.53 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Metromile by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Metromile Revenue vs. Competition
Metromile is rated top company in revenue category among its peers. Market size based on revenue of Insurance—Property & Casualty industry is now estimated at about 1.03 Billion. Metromile retains roughly 108.32 Million in revenue claiming about 10% of equities under Insurance—Property & Casualty industry.
Metromile Current Valuation 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.
Metromile |
| = | 108.32 M |
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.
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.
Metromile |
| = | 71 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.
Metromile Current Valuation vs Competition
Metromile is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Insurance—Property & Casualty industry is now estimated at about 2.61 Billion. Metromile holds roughly 71 Million in current valuation claiming about 2.72% of equities under Insurance—Property & Casualty industry.
Metromile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Metromile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Metromile will eventually generate negative long term returns. The profitability progress is the general direction of Metromile's change in net profit over the period of time. It can combine multiple indicators of Metromile, 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.
Metromile, Inc. provides insurance policies for automobile owners in the United States. As of July 28, 2022, Metromile, Inc. operates as a subsidiary of Lemonade, Inc.. Metromile operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 384 people.
Metromile Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Metromile. 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 Metromile 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 Metromile's important profitability drivers and their relationship over time.
Metromile Earnings per Share Projection vs Actual
Use Metromile 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 Metromile 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 Metromile will appreciate offsetting losses from the drop in the long position's value.Metromile Pair Trading
Metromile Pair Trading Analysis
The ability to find closely correlated positions to Regions Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regions Financial 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 Regions Financial - 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 Regions Financial to buy it.
The correlation of Regions Financial 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 Regions Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Regions Financial 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 Regions Financial 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 Metromile position
In addition to having Metromile 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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Iron
Companies involved in production of steel and iron. The Iron theme has 48 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 Iron Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Metromile Stock
If you are still planning to invest in Metromile check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Metromile's history and understand the potential risks before investing.
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