TransAKT Current Ratio vs. Net Income
| TAKD Stock | USD 0.02 0.0001 0.50% |
For TransAKT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TransAKT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TransAKT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TransAKT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TransAKT over time as well as its relative position and ranking within its peers.
TransAKT |
TransAKT Net Income vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TransAKT's current stock value. Our valuation model uses many indicators to compare TransAKT value to that of its competitors to determine the firm's financial worth. TransAKT is currently regarded as top stock in current ratio category among its peers. It also is currently regarded as top stock in net income 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 TransAKT's earnings, one of the primary drivers of an investment's value.TransAKT 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.
TransAKT |
| = | 4.82 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.
TransAKT |
| = | (208.31 K) |
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.
TransAKT Net Income Comparison
TransAKT is currently under evaluation in net income category among its peers.
TransAKT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TransAKT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TransAKT will eventually generate negative long term returns. The profitability progress is the general direction of TransAKT's change in net profit over the period of time. It can combine multiple indicators of TransAKT, 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.
TransAKT Ltd., through its subsidiary, TransAKT Bio Agritech Ltd., engages in the research and development of agricultural technology. The company was incorporated in 1996 and is based in Fo Tan, Hong Kong. Transakt is traded on OTC Exchange in the United States.
TransAKT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TransAKT. 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 TransAKT 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 TransAKT's important profitability drivers and their relationship over time.
Use TransAKT 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 TransAKT 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 TransAKT will appreciate offsetting losses from the drop in the long position's value.TransAKT Pair Trading
TransAKT Pair Trading Analysis
The ability to find closely correlated positions to TransAKT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAKT 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 TransAKT - 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 TransAKT to buy it.
The correlation of TransAKT 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 TransAKT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAKT 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 TransAKT 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 TransAKT position
In addition to having TransAKT 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?
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Steel Works Etc
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.
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Other Information on Investing in TransAKT Pink Sheet
To fully project TransAKT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TransAKT 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 TransAKT's income statement, its balance sheet, and the statement of cash flows.