Titan Logix Price To Sales vs. Return On Asset
| TPCFF Stock | USD 0.34 0.00 0.00% |
For Titan Logix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Titan Logix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Titan Logix Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Titan Logix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Titan Logix Corp over time as well as its relative position and ranking within its peers.
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Titan Logix Corp Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Titan Logix's current stock value. Our valuation model uses many indicators to compare Titan Logix value to that of its competitors to determine the firm's financial worth. Titan Logix Corp is currently regarded as top stock in price to sales category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of Price To Sales to Return On Asset for Titan Logix Corp is about 350.82 . 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 Titan Logix's earnings, one of the primary drivers of an investment's value.Titan Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 2.35 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
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| = | 0.0067 |
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.
Titan Return On Asset Comparison
Titan Logix is currently under evaluation in return on asset category among its peers.
Titan Logix Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Titan Logix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Titan Logix will eventually generate negative long term returns. The profitability progress is the general direction of Titan Logix's change in net profit over the period of time. It can combine multiple indicators of Titan Logix, 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.
Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technology fluid management solutions in Canada, the United States, and internationally. The company was incorporated in 1979 and is headquartered in Edmonton, Canada. Titan Logix operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange.
Titan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Titan Logix. 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 Titan Logix 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 Titan Logix's important profitability drivers and their relationship over time.
Use Titan Logix 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 Titan Logix 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 Titan Logix will appreciate offsetting losses from the drop in the long position's value.Titan Logix Pair Trading
Titan Logix Corp Pair Trading Analysis
The ability to find closely correlated positions to Titan Logix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Logix 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 Titan Logix - 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 Titan Logix Corp to buy it.
The correlation of Titan Logix 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 Titan Logix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Logix Corp 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 Titan Logix 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 Titan Logix position
In addition to having Titan Logix 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 Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
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Other Information on Investing in Titan Pink Sheet
To fully project Titan Logix's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Titan Logix Corp 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 Titan Logix's income statement, its balance sheet, and the statement of cash flows.