North Dallas Cash Per Share vs. Revenue
| NODB Stock | USD 47.75 0.25 0.52% |
For North Dallas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North Dallas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North Dallas Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North Dallas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North Dallas Bank over time as well as its relative position and ranking within its peers.
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North Dallas Bank Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North Dallas's current stock value. Our valuation model uses many indicators to compare North Dallas value to that of its competitors to determine the firm's financial worth. North Dallas Bank is regarded third in cash per share category among its peers. It is rated top company in revenue category among its peers totaling about 359,436 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value North Dallas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North Dallas' Pink Sheet. 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.North Revenue vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 104.39 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
North Dallas |
| = | 37.52 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.
North Revenue vs Competition
North Dallas Bank is rated top company in revenue category among its peers. Market size based on revenue of Financials industry is now estimated at about 215.04 Million. North Dallas retains roughly 37.52 Million in revenue claiming about 17% of equities under Financials industry.
North Dallas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North Dallas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North Dallas will eventually generate negative long term returns. The profitability progress is the general direction of North Dallas' change in net profit over the period of time. It can combine multiple indicators of North Dallas, 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.
North Dallas Bank Trust Co. provides personal and business banking products and services in Texas. The company was incorporated in 1961 and is based in Dallas, Texas. North Dallas operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 157 people.
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on North Dallas. 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 Dallas 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 Dallas' important profitability drivers and their relationship over time.
Use North Dallas 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 Dallas 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 Dallas will appreciate offsetting losses from the drop in the long position's value.North Dallas Pair Trading
North Dallas Bank Pair Trading Analysis
The ability to find closely correlated positions to North Dallas 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 Dallas 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 Dallas - 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 Dallas Bank to buy it.
The correlation of North Dallas 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 Dallas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North Dallas Bank 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 Dallas 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 Dallas position
In addition to having North Dallas 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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Broad Municipals ETFs
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Other Information on Investing in North Pink Sheet
To fully project North Dallas' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of North Dallas Bank 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 Dallas' income statement, its balance sheet, and the statement of cash flows.