TEN SQUARE Current Valuation vs. Gross Profit
| TEN Stock | 77.55 0.90 1.15% |
For TEN SQUARE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TEN SQUARE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TEN SQUARE GAMES utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TEN SQUARE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TEN SQUARE GAMES over time as well as its relative position and ranking within its peers.
TEN |
TEN SQUARE GAMES Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TEN SQUARE's current stock value. Our valuation model uses many indicators to compare TEN SQUARE value to that of its competitors to determine the firm's financial worth. TEN SQUARE GAMES is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in gross profit category among its peers fabricating about 0.63 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for TEN SQUARE GAMES is roughly 1.58 . 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 TEN SQUARE's earnings, one of the primary drivers of an investment's value.TEN Current Valuation vs. Competition
TEN SQUARE GAMES is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Gaming & Multimedia industry is at this time estimated at about 13.61 Billion. TEN SQUARE holds roughly 915.38 Million in current valuation claiming about 7% of equities under Electronic Gaming & Multimedia industry.
TEN Gross Profit vs. Current Valuation
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.
TEN SQUARE |
| = | 915.38 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
TEN SQUARE |
| = | 580.11 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
TEN Gross Profit Comparison
TEN SQUARE is currently under evaluation in gross profit category among its peers.
TEN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TEN SQUARE. 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 TEN SQUARE 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 TEN SQUARE's important profitability drivers and their relationship over time.
Use TEN SQUARE 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 TEN SQUARE 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 TEN SQUARE will appreciate offsetting losses from the drop in the long position's value.TEN SQUARE Pair Trading
TEN SQUARE GAMES Pair Trading Analysis
The ability to find closely correlated positions to TEN SQUARE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TEN SQUARE 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 TEN SQUARE - 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 TEN SQUARE GAMES to buy it.
The correlation of TEN SQUARE 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 TEN SQUARE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TEN SQUARE GAMES 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 TEN SQUARE 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 TEN SQUARE position
In addition to having TEN SQUARE 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 Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds 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 Exotic Funds Theme or any other thematic opportunities.
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Additional Tools for TEN Stock Analysis
When running TEN SQUARE's price analysis, check to measure TEN SQUARE'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 TEN SQUARE is operating at the current time. Most of TEN SQUARE's value examination focuses on studying past and present price action to predict the probability of TEN SQUARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TEN SQUARE's price. Additionally, you may evaluate how the addition of TEN SQUARE to your portfolios can decrease your overall portfolio volatility.