Predictive Discovery Return On Asset vs. Market Capitalization
| PDI Stock | 0.25 0.01 3.85% |
For Predictive Discovery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Predictive Discovery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Predictive Discovery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Predictive Discovery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Predictive Discovery over time as well as its relative position and ranking within its peers.
Predictive |
Predictive Discovery Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Predictive Discovery's current stock value. Our valuation model uses many indicators to compare Predictive Discovery value to that of its competitors to determine the firm's financial worth. Predictive Discovery is rated below average in return on asset category among its peers. It also is rated below average in market capitalization category among its peers . 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 Predictive Discovery's earnings, one of the primary drivers of an investment's value.Predictive Market Capitalization vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Predictive Discovery |
| = | -0.0417 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Predictive Discovery |
| = | 611.23 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.
Predictive Market Capitalization vs Competition
Predictive Discovery is rated below average in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 56.69 Billion. Predictive Discovery claims roughly 611.23 Million in market capitalization contributing just under 2% to all equities under Materials industry.
Predictive Discovery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Predictive Discovery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Predictive Discovery will eventually generate negative long term returns. The profitability progress is the general direction of Predictive Discovery's change in net profit over the period of time. It can combine multiple indicators of Predictive Discovery, 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 | 10.4 M | 10.9 M | |
| Operating Income | -7.6 M | -7.2 M | |
| Income Before Tax | -8.7 M | -8.2 M | |
| Total Other Income Expense Net | -1.1 M | -1.1 M | |
| Net Loss | -8.7 M | -8.2 M | |
| Income Tax Expense | (4.00) | (4.20) | |
| Net Loss | -10.1 M | -9.6 M | |
| Net Loss | -10.1 M | -9.6 M | |
| Interest Income | 582.2 K | 611.3 K | |
| Net Interest Income | 727.8 K | 764.2 K | |
| Change To Netincome | 5.9 M | 6.2 M |
Predictive Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Predictive Discovery. 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 Predictive Discovery 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 Predictive Discovery's important profitability drivers and their relationship over time.
Use Predictive Discovery 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 Predictive Discovery 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 Predictive Discovery will appreciate offsetting losses from the drop in the long position's value.Predictive Discovery Pair Trading
Predictive Discovery Pair Trading Analysis
The ability to find closely correlated positions to Predictive Discovery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Predictive Discovery 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 Predictive Discovery - 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 Predictive Discovery to buy it.
The correlation of Predictive Discovery 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 Predictive Discovery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Predictive Discovery 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 Predictive Discovery 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 Predictive Discovery position
In addition to having Predictive Discovery 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 39 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 Stores Theme or any other thematic opportunities.
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Additional Tools for Predictive Stock Analysis
When running Predictive Discovery's price analysis, check to measure Predictive Discovery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Predictive Discovery is operating at the current time. Most of Predictive Discovery's value examination focuses on studying past and present price action to predict the probability of Predictive Discovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Predictive Discovery's price. Additionally, you may evaluate how the addition of Predictive Discovery to your portfolios can decrease your overall portfolio volatility.