Track Data Price To Book vs. Total Debt
Based on the key profitability measurements obtained from Track Data's financial statements, Track Data may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in March. Profitability indicators assess Track Data's ability to earn profits and add value for shareholders.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Please note, there is a significant difference between Track Data's value and its price as these two are different measures arrived at by different means. Investors typically determine if Track Data is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Track Data's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Track Data profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Track Data to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Track Data utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Track Data's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Track Data over time as well as its relative position and ranking within its peers.
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Track Data Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Track Data's current stock value. Our valuation model uses many indicators to compare Track Data value to that of its competitors to determine the firm's financial worth. Track Data is rated fifth in price to book category among its peers. It also is rated fifth in total debt category among its peers making up about 4,973,625 of Total Debt per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Track Data by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Track Data's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Track Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Track Data |
| = | 0.27 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Track Data |
| = | 1.32 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Track Total Debt vs Competition
Track Data is rated fifth in total debt category among its peers. Total debt of Financials industry is at this time estimated at about 810.92 Million. Track Data adds roughly 1.32 Million in total debt claiming only tiny portion of equities under Financials industry.
Track Data Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Track Data, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Track Data will eventually generate negative long term returns. The profitability progress is the general direction of Track Data's change in net profit over the period of time. It can combine multiple indicators of Track Data, 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.
Track Data Corporation, Inc. provides market data, financial information, quote systems, and trading platforms for professional and individual traders in the United States and internationally. Track Data Corporation, Inc. was founded in 1981 and is based in Brooklyn, New York. TRACK DATA operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 115 people.
Track Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Track Data. 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 Track Data 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 Track Data's important profitability drivers and their relationship over time.
Use Track Data 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 Track Data 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 Track Data will appreciate offsetting losses from the drop in the long position's value.Track Data Pair Trading
Track Data Pair Trading Analysis
The ability to find closely correlated positions to Capital One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital One 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 Capital One - 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 Capital One Financial to buy it.
The correlation of Capital One 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 Capital One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital One Financial 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 Capital One 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 Track Data position
In addition to having Track Data 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 Large Cap ETFs Thematic Idea Now
Large Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large Cap ETFs theme has 731 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 Large Cap ETFs Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in Track Pink Sheet
If you are still planning to invest in Track Data check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Track Data's history and understand the potential risks before investing.
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