Smartmetric Current Ratio vs. Current Valuation
| SMME Stock | USD 0.0001 0.00 0.00% |
For Smartmetric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smartmetric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smartmetric utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smartmetric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smartmetric over time as well as its relative position and ranking within its peers.
Smartmetric |
Smartmetric Current Valuation vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smartmetric's current stock value. Our valuation model uses many indicators to compare Smartmetric value to that of its competitors to determine the firm's financial worth. Smartmetric is rated below average in current ratio category among its peers. It also is rated below average in current valuation category among its peers reporting about 17,930,483 of Current Valuation per Current Ratio. 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 Smartmetric's earnings, one of the primary drivers of an investment's value.Smartmetric Current Valuation vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Smartmetric |
| = | 0.06 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Smartmetric |
| = | 1.08 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Smartmetric Current Valuation vs Competition
Smartmetric is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 34.58 Billion. Smartmetric adds roughly 1.08 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Smartmetric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smartmetric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smartmetric will eventually generate negative long term returns. The profitability progress is the general direction of Smartmetric's change in net profit over the period of time. It can combine multiple indicators of Smartmetric, 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.
SmartMetric, Inc., a development stage company, operates in the technology industry. Smartmetric, Inc. was incorporated in 2002 and is headquartered in Las Vegas, Nevada. Smartmetric operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 1 people.
Smartmetric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smartmetric. 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 Smartmetric 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 Smartmetric's important profitability drivers and their relationship over time.
Use Smartmetric 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 Smartmetric 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 Smartmetric will appreciate offsetting losses from the drop in the long position's value.Smartmetric Pair Trading
Smartmetric Pair Trading Analysis
The ability to find closely correlated positions to Smartmetric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartmetric 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 Smartmetric - 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 Smartmetric to buy it.
The correlation of Smartmetric 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 Smartmetric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartmetric 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 Smartmetric 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 Smartmetric position
In addition to having Smartmetric 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 221 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 Most Shorted Equities Theme or any other thematic opportunities.
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Other Information on Investing in Smartmetric Pink Sheet
To fully project Smartmetric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Smartmetric 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 Smartmetric's income statement, its balance sheet, and the statement of cash flows.