SoftOx Solutions Price To Sales vs. Shares Outstanding

SOFTX Stock  NOK 0.01  0.0006  3.95%   
Based on SoftOx Solutions' profitability indicators, SoftOx Solutions AS may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess SoftOx Solutions' ability to earn profits and add value for shareholders.
For SoftOx Solutions profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SoftOx Solutions to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SoftOx Solutions AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SoftOx Solutions's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SoftOx Solutions AS over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
Please note, there is a significant difference between SoftOx Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoftOx Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoftOx Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

SoftOx Solutions Shares Outstanding vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SoftOx Solutions's current stock value. Our valuation model uses many indicators to compare SoftOx Solutions value to that of its competitors to determine the firm's financial worth.
SoftOx Solutions AS is currently regarded as top stock in price to sales category among its peers. It also is currently regarded as top stock in shares outstanding category among its peers creating about  259,362  of Shares Outstanding per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value SoftOx Solutions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SoftOx Solutions' Stock. 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.

SoftOx Shares Outstanding vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

SoftOx Solutions

P/S

 = 

MV Per Share

Revenue Per Share

 = 
39.88 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

SoftOx Solutions

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
10.34 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

SoftOx Shares Outstanding Comparison

SoftOx Solutions is currently under evaluation in shares outstanding category among its peers.

SoftOx Solutions Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SoftOx Solutions, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SoftOx Solutions will eventually generate negative long term returns. The profitability progress is the general direction of SoftOx Solutions' change in net profit over the period of time. It can combine multiple indicators of SoftOx Solutions, 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.
SoftOx Solutions AS, together with its subsidiaries, operates as a medtech and biotech company in Scandinavian. SoftOx Solutions AS was incorporated in 2012 and is based in Fornebu, Norway. SOFTOX SOLUTIONS is traded on Oslo Stock Exchange in Norway.

SoftOx Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on SoftOx Solutions. 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 SoftOx Solutions 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 SoftOx Solutions' important profitability drivers and their relationship over time.

Use SoftOx Solutions 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 SoftOx Solutions 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 SoftOx Solutions will appreciate offsetting losses from the drop in the long position's value.

SoftOx Solutions Pair Trading

SoftOx Solutions AS Pair Trading Analysis

The ability to find closely correlated positions to SoftOx Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SoftOx Solutions 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 SoftOx Solutions - 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 SoftOx Solutions AS to buy it.
The correlation of SoftOx Solutions 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 SoftOx Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SoftOx Solutions 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 SoftOx Solutions 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your SoftOx Solutions position

In addition to having SoftOx Solutions 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 Steel Works Etc Thematic Idea Now

Steel Works Etc
Steel Works Etc Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 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 Steel Works Etc Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in SoftOx Stock

To fully project SoftOx Solutions' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SoftOx Solutions 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 SoftOx Solutions' income statement, its balance sheet, and the statement of cash flows.
Potential SoftOx Solutions investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although SoftOx Solutions investors may work on each financial statement separately, they are all related. The changes in SoftOx Solutions's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SoftOx Solutions's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.