SPYR Profitability Analysis
SPYR Inc Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SPYR's current stock value. Our valuation model uses many indicators to compare SPYR value to that of its competitors to determine the firm's financial worth. SPYR Inc is currently regarded as top stock in return on asset category among its peers. It also is currently regarded number one company in current valuation category among its peers . 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 SPYR's earnings, one of the primary drivers of an investment's value.SPYR Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
SPYR |
| = | -0.44 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
SPYR |
| = | 16.77 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.
SPYR Current Valuation vs Competition
SPYR Inc is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 394.68 Billion. SPYR adds roughly 16.77 Million in current valuation claiming only tiny portion of stocks in Communication Services industry.
SPYR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SPYR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SPYR will eventually generate negative long term returns. The profitability progress is the general direction of SPYR's change in net profit over the period of time. It can combine multiple indicators of SPYR, 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.
SPYR, Inc., through its subsidiaries, operates as a technology company. SPYR, Inc. was incorporated in 1988 and is based in The Woodlands, Texas. Spyr operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange. It employs 3 people.
SPYR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SPYR. 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 SPYR 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 SPYR's important profitability drivers and their relationship over time.
SPYR Earnings per Share Projection vs Actual
Use SPYR 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 SPYR 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 SPYR will appreciate offsetting losses from the drop in the long position's value.SPYR Pair Trading
SPYR Inc Pair Trading Analysis
The ability to find closely correlated positions to SPYR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPYR 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 SPYR - 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 SPYR Inc to buy it.
The correlation of SPYR 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 SPYR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPYR Inc 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 SPYR 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 SPYR position
In addition to having SPYR 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 Energy Funds Thematic Idea Now
Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 28 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 Energy Funds Theme or any other thematic opportunities.
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Additional Tools for SPYR Pink Sheet Analysis
When running SPYR's price analysis, check to measure SPYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPYR is operating at the current time. Most of SPYR's value examination focuses on studying past and present price action to predict the probability of SPYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPYR's price. Additionally, you may evaluate how the addition of SPYR to your portfolios can decrease your overall portfolio volatility.