Sentry Select Current Ratio vs. Net Income
Please note, there is a significant difference between Sentry Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sentry Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sentry Select's 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.Sentry Select Primary Net Income vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sentry Select's current stock value. Our valuation model uses many indicators to compare Sentry Select value to that of its competitors to determine the firm's financial worth. Sentry Select Primary is currently regarded as top stock in current ratio category among its peers. It is rated second in net income category among its peers making up about 112,024 of Net Income 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 Sentry Select's earnings, one of the primary drivers of an investment's value.Sentry Net Income 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.
Sentry Select |
| = | 127.74 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).
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Sentry Select |
| = | 14.31 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Sentry Net Income Comparison
Sentry Select is currently under evaluation in net income category among its peers.
Sentry Select Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sentry Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sentry Select will eventually generate negative long term returns. The profitability progress is the general direction of Sentry Select's change in net profit over the period of time. It can combine multiple indicators of Sentry Select, 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.
Sentry Select Primary Metals Corp. is an open ended equity mutual fund launched and managed by CI Investments Inc. Sentry Select Primary Metals Corp. was formed on April 23, 2007 and is domiciled in Canada. Sentry Select is traded on OTC Exchange in the United States.
Sentry Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sentry Select. 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 Sentry Select 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 Sentry Select's important profitability drivers and their relationship over time.
Sentry Select Earnings per Share Projection vs Actual
Use Sentry Select 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 Sentry Select 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 Sentry Select will appreciate offsetting losses from the drop in the long position's value.Sentry Select Pair Trading
Sentry Select Primary Pair Trading Analysis
The ability to find closely correlated positions to General Mills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General Mills 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 General Mills - 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 General Mills to buy it.
The correlation of General Mills 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 General Mills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if General Mills 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 General Mills 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 Sentry Select position
In addition to having Sentry Select 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 Biotech Thematic Idea Now
Biotech
Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 17 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 Biotech 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 industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Sentry Pink Sheet
If you are still planning to invest in Sentry Select Primary 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 Sentry Select's history and understand the potential risks before investing.
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