Smithson Investment Profitability Analysis
| SSON Stock | 1,490 2.00 0.13% |
Net Income | First Reported 2010-12-31 | Previous Quarter 293.3 M | Current Value 308 M | Quarterly Volatility 346.8 M |
For Smithson Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smithson Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smithson Investment Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smithson Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smithson Investment Trust over time as well as its relative position and ranking within its peers.
Smithson |
Smithson Investment Trust Shares Outstanding vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smithson Investment's current stock value. Our valuation model uses many indicators to compare Smithson Investment value to that of its competitors to determine the firm's financial worth. Smithson Investment Trust is currently regarded as top stock in return on equity category among its peers. It is rated second in shares outstanding category among its peers creating about 9,055,398 of Shares Outstanding per Return On Equity. Common Stock Shares Outstanding is likely to drop to about 132.6 M in 2024. 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 Smithson Investment's earnings, one of the primary drivers of an investment's value.Smithson Shares Outstanding vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Smithson Investment |
| = | 18.31 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Smithson Investment |
| = | 165.8 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.
Smithson Shares Outstanding Comparison
Smithson Investment is currently under evaluation in shares outstanding category among its peers.
Smithson Investment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smithson Investment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smithson Investment will eventually generate negative long term returns. The profitability progress is the general direction of Smithson Investment's change in net profit over the period of time. It can combine multiple indicators of Smithson Investment, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 834.3 M | 717.7 M | |
| Interest Income | 811 K | 851.5 K | |
| Operating Income | 278.1 M | 292 M | |
| Income Before Tax | 299.5 M | 314.4 M | |
| Total Other Income Expense Net | 21.4 M | 22.5 M | |
| Net Income Applicable To Common Shares | 571 M | 599.5 M | |
| Net Income | 299.5 M | 314.4 M | |
| Income Tax Expense | 6.1 M | 6.5 M | |
| Net Income From Continuing Ops | 293.3 M | 308 M | |
| Net Interest Income | 811 K | 851.5 K |
Smithson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smithson Investment. 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 Smithson Investment 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 Smithson Investment's important profitability drivers and their relationship over time.
Use Smithson Investment 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 Smithson Investment 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 Smithson Investment will appreciate offsetting losses from the drop in the long position's value.Smithson Investment Pair Trading
Smithson Investment Trust Pair Trading Analysis
The ability to find closely correlated positions to Smithson Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smithson Investment 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 Smithson Investment - 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 Smithson Investment Trust to buy it.
The correlation of Smithson Investment 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 Smithson Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smithson Investment Trust 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 Smithson Investment 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 Smithson Investment position
In addition to having Smithson Investment 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Additional Tools for Smithson Stock Analysis
When running Smithson Investment's price analysis, check to measure Smithson Investment'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 Smithson Investment is operating at the current time. Most of Smithson Investment's value examination focuses on studying past and present price action to predict the probability of Smithson Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smithson Investment's price. Additionally, you may evaluate how the addition of Smithson Investment to your portfolios can decrease your overall portfolio volatility.