North Atlantic Net Income vs. Market Capitalization
| NAS Stock | 3,770 10.00 0.26% |
Net Income | First Reported 2004-03-31 | Previous Quarter 12.9 M | Current Value 63.3 M | Quarterly Volatility 19.3 M |
For North Atlantic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North Atlantic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North Atlantic Smaller utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North Atlantic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North Atlantic Smaller over time as well as its relative position and ranking within its peers.
North |
North Atlantic Smaller Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North Atlantic's current stock value. Our valuation model uses many indicators to compare North Atlantic value to that of its competitors to determine the firm's financial worth. North Atlantic Smaller is regarded third in net income category among its peers. It is considered to be number one stock in market capitalization category among its peers creating about 224.97 of Market Capitalization per Net Income. At present, North Atlantic's Net Income is projected to decrease significantly based on the last few years of reporting. 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 North Atlantic's earnings, one of the primary drivers of an investment's value.North Market Capitalization 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.
North Atlantic |
| = | 2.18 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
North Atlantic |
| = | 489.98 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
North Market Capitalization vs Competition
North Atlantic Smaller is considered to be number one stock in market capitalization category among its peers. Market capitalization of Financials industry is now estimated at about 2.11 Trillion. North Atlantic adds roughly 489.98 Million in market capitalization claiming only tiny portion of equities under Financials industry.
North Atlantic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North Atlantic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North Atlantic will eventually generate negative long term returns. The profitability progress is the general direction of North Atlantic's change in net profit over the period of time. It can combine multiple indicators of North Atlantic, 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 | 670.4 M | 574.8 M | |
| Operating Income | 2.7 M | 2.6 M | |
| Income Before Tax | 2.2 M | 2.1 M | |
| Total Other Income Expense Net | -529 K | -555.5 K | |
| Net Income | 2.2 M | 2.1 M | |
| Income Tax Expense | 30 K | 28.5 K |
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on North Atlantic. 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 North Atlantic 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 North Atlantic's important profitability drivers and their relationship over time.
Use North Atlantic 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 North Atlantic 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 North Atlantic will appreciate offsetting losses from the drop in the long position's value.North Atlantic Pair Trading
North Atlantic Smaller Pair Trading Analysis
The ability to find closely correlated positions to North Atlantic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North Atlantic 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 North Atlantic - 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 North Atlantic Smaller to buy it.
The correlation of North Atlantic 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 North Atlantic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North Atlantic Smaller 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 North Atlantic 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 North Atlantic position
In addition to having North Atlantic 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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Other Information on Investing in North Stock
To fully project North Atlantic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of North Atlantic Smaller 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 North Atlantic's income statement, its balance sheet, and the statement of cash flows.