Credo Brands Net Income vs. Price To Book

MUFTI Stock   201.32  2.80  1.37%   
Based on Credo Brands' profitability indicators, Credo Brands Marketing 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 Credo Brands' ability to earn profits and add value for shareholders.
For Credo Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Credo Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Credo Brands Marketing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Credo Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Credo Brands Marketing over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Credo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Credo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credo Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Credo Brands Marketing Price To Book vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Credo Brands's current stock value. Our valuation model uses many indicators to compare Credo Brands value to that of its competitors to determine the firm's financial worth.
Credo Brands Marketing is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Net Income to Price To Book for Credo Brands Marketing is about  168,631,249 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Credo Brands by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Credo Brands' 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.

Credo Price To Book vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Credo Brands

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
591.98 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Credo Brands

P/B

 = 

MV Per Share

BV Per Share

 = 
3.51 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Credo Price To Book Comparison

Credo Brands is currently under evaluation in price to book category among its peers.

Credo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Credo Brands. 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 Credo Brands 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 Credo Brands' important profitability drivers and their relationship over time.

Use Credo Brands 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 Credo Brands 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 Credo Brands will appreciate offsetting losses from the drop in the long position's value.

Credo Brands Pair Trading

Credo Brands Marketing Pair Trading Analysis

The ability to find closely correlated positions to Credo Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credo Brands 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 Credo Brands - 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 Credo Brands Marketing to buy it.
The correlation of Credo Brands 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 Credo Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credo Brands Marketing 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 Credo Brands 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Credo Brands position

In addition to having Credo Brands 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 Education Thematic Idea Now

Education
Education Theme
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 42 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 Education Theme or any other thematic opportunities.
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Other Information on Investing in Credo Stock

To fully project Credo Brands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Credo Brands Marketing 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 Credo Brands' income statement, its balance sheet, and the statement of cash flows.
Potential Credo Brands investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Credo Brands investors may work on each financial statement separately, they are all related. The changes in Credo Brands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Credo Brands's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.