Sigma Labs Price To Book vs. Revenue
| SASIDelisted Stock | USD 0.21 0.02 8.70% |
For Sigma Labs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sigma Labs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sigma Labs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sigma Labs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sigma Labs over time as well as its relative position and ranking within its peers.
Sigma |
Sigma Labs Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sigma Labs's current stock value. Our valuation model uses many indicators to compare Sigma Labs value to that of its competitors to determine the firm's financial worth. Sigma Labs is currently regarded as top stock in price to book category among its peers. It is rated below average in revenue category among its peers totaling about 264,328 of Revenue per Price To Book. 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 Sigma Labs' earnings, one of the primary drivers of an investment's value.Sigma Revenue vs. Price To Book
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.
Sigma Labs |
| = | 1.98 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.
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.
Sigma Labs |
| = | 522.87 K |
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.
Sigma Revenue vs Competition
Sigma Labs is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 13.09 Billion. Sigma Labs adds roughly 522,867 in revenue claiming only tiny portion of equities under Information Technology industry.
Sigma Labs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sigma Labs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sigma Labs will eventually generate negative long term returns. The profitability progress is the general direction of Sigma Labs' change in net profit over the period of time. It can combine multiple indicators of Sigma Labs, 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.
Sigma Additive Solutions, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry. Sigma Additive Solutions, Inc. was incorporated in 1985 and is headquartered in Santa Fe, New Mexico. Sigma Additive operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 33 people.
Sigma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sigma Labs. 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 Sigma Labs 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 Sigma Labs' important profitability drivers and their relationship over time.
Use Sigma Labs 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 Sigma Labs 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 Sigma Labs will appreciate offsetting losses from the drop in the long position's value.Sigma Labs Pair Trading
Sigma Labs Pair Trading Analysis
The ability to find closely correlated positions to Sigma Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sigma Labs 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 Sigma Labs - 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 Sigma Labs to buy it.
The correlation of Sigma Labs 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 Sigma Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sigma Labs 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 Sigma Labs 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 Sigma Labs position
In addition to having Sigma Labs 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 40 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 Recreation Theme or any other thematic opportunities.
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Check out World Market Map 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 state. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Sigma Stock
If you are still planning to invest in Sigma Labs 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 Sigma Labs' history and understand the potential risks before investing.
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