Near Intelligence Revenue vs. Short Ratio
| NIRDelisted Stock | 1.49 0.10 6.29% |
For Near Intelligence profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Near Intelligence to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Near Intelligence utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Near Intelligence's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Near Intelligence over time as well as its relative position and ranking within its peers.
Near |
Near Intelligence Short Ratio vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Near Intelligence's current stock value. Our valuation model uses many indicators to compare Near Intelligence value to that of its competitors to determine the firm's financial worth. Near Intelligence is regarded second in revenue category among its peers. It is rated below average in short ratio category among its peers . The ratio of Revenue to Short Ratio for Near Intelligence is about 168,591,958 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Near Intelligence 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.Near Revenue vs. Competition
Near Intelligence is regarded second in revenue category among its peers. Market size based on revenue of Information Technology industry is now estimated at about 3.87 Billion. Near Intelligence claims roughly 64.06 Million in revenue contributing just under 2% to equities under Information Technology industry.
Near Short Ratio 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.
Near Intelligence |
| = | 64.06 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Near Intelligence |
| = | 0.38 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Near Short Ratio Comparison
Near Intelligence is currently under evaluation in short ratio category among its peers.
Near Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Near Intelligence. 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 Near Intelligence 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 Near Intelligence's important profitability drivers and their relationship over time.
Use Near Intelligence 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 Near Intelligence 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 Near Intelligence will appreciate offsetting losses from the drop in the long position's value.Near Intelligence Pair Trading
Near Intelligence Pair Trading Analysis
The ability to find closely correlated positions to Near Intelligence could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Near Intelligence 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 Near Intelligence - 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 Near Intelligence to buy it.
The correlation of Near Intelligence 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 Near Intelligence moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Near Intelligence 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 Near Intelligence 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 Near Intelligence position
In addition to having Near Intelligence 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 Driverless Cars Thematic Idea Now
Driverless Cars
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 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 Driverless Cars 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 gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Near Stock
If you are still planning to invest in Near Intelligence 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 Near Intelligence's history and understand the potential risks before investing.
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