SinglePoint Cash Per Share vs. Revenue
| SINGDelisted Stock | USD 0.04 0.01 38.46% |
For SinglePoint profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SinglePoint to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SinglePoint utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SinglePoint's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SinglePoint over time as well as its relative position and ranking within its peers.
SinglePoint |
SinglePoint Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SinglePoint's current stock value. Our valuation model uses many indicators to compare SinglePoint value to that of its competitors to determine the firm's financial worth. SinglePoint is rated second in cash per share category among its peers. It is rated below average in revenue category among its peers totaling about 26,963,400 of Revenue per Cash Per Share. 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 SinglePoint's earnings, one of the primary drivers of an investment's value.SinglePoint 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.
SinglePoint |
| = | 0.03 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.
SinglePoint |
| = | 808.9 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.
SinglePoint Revenue vs Competition
SinglePoint is rated below average in revenue category among its peers. Market size based on revenue of Solar industry is at this time estimated at about 20.43 Billion. SinglePoint adds roughly 808,902 in revenue claiming only tiny portion of equities listed under Solar industry.
SinglePoint Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SinglePoint, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SinglePoint will eventually generate negative long term returns. The profitability progress is the general direction of SinglePoint's change in net profit over the period of time. It can combine multiple indicators of SinglePoint, 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.
SinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company was founded in 2007 and is based in Phoenix, Arizona. Singlepoint operates under Solar classification in the United States and is traded on OTC Exchange.
SinglePoint Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SinglePoint. 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 SinglePoint 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 SinglePoint's important profitability drivers and their relationship over time.
Use SinglePoint 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 SinglePoint 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 SinglePoint will appreciate offsetting losses from the drop in the long position's value.SinglePoint Pair Trading
SinglePoint Pair Trading Analysis
The ability to find closely correlated positions to SinglePoint could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SinglePoint 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 SinglePoint - 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 SinglePoint to buy it.
The correlation of SinglePoint 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 SinglePoint moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SinglePoint 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 SinglePoint 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 SinglePoint position
In addition to having SinglePoint 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 37 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 Insurance Providers Theme or any other thematic opportunities.
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Other Consideration for investing in SinglePoint Pink Sheet
If you are still planning to invest in SinglePoint 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 SinglePoint's history and understand the potential risks before investing.
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