Wayne Savings Revenue vs. Net Income
| WAYNDelisted Stock | USD 28.41 0.00 0.00% |
For Wayne Savings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wayne Savings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wayne Savings Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wayne Savings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wayne Savings Bancshares over time as well as its relative position and ranking within its peers.
Wayne |
Wayne Savings Bancshares Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wayne Savings's current stock value. Our valuation model uses many indicators to compare Wayne Savings value to that of its competitors to determine the firm's financial worth. Wayne Savings Bancshares is rated below average in revenue category among its peers. It is rated below average in net income category among its peers making up about 0.34 of Net Income per Revenue. The ratio of Revenue to Net Income for Wayne Savings Bancshares is roughly 2.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wayne Savings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wayne Savings' OTC Stock. 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.Wayne Revenue vs. Competition
Wayne Savings Bancshares is rated below average in revenue category among its peers. Market size based on revenue of Financials industry is at this time estimated at about 587.14 Million. Wayne Savings holds roughly 21.86 Million in revenue claiming about 4% of equities under Financials industry.
Wayne Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Wayne Savings |
| = | 21.86 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Wayne Savings |
| = | 7.44 M |
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.
Wayne Net Income Comparison
Wayne Savings is currently under evaluation in net income category among its peers.
Wayne Savings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wayne Savings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wayne Savings will eventually generate negative long term returns. The profitability progress is the general direction of Wayne Savings' change in net profit over the period of time. It can combine multiple indicators of Wayne Savings, 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.
Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank that provides personal and business banking products and services to individuals, businesses, and other organizations. Wayne Savings Bancshares, Inc. was founded in 1899 and is based in Wooster, Ohio. Wayne Savings operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Wayne Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wayne Savings. 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 Wayne Savings 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 Wayne Savings' important profitability drivers and their relationship over time.
Use Wayne Savings 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 Wayne Savings 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 Wayne Savings will appreciate offsetting losses from the drop in the long position's value.Wayne Savings Pair Trading
Wayne Savings Bancshares Pair Trading Analysis
The ability to find closely correlated positions to Wayne Savings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wayne Savings 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 Wayne Savings - 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 Wayne Savings Bancshares to buy it.
The correlation of Wayne Savings 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 Wayne Savings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wayne Savings Bancshares 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 Wayne Savings 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 Wayne Savings position
In addition to having Wayne Savings 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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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Wayne OTC Stock
If you are still planning to invest in Wayne Savings Bancshares 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 Wayne Savings' history and understand the potential risks before investing.
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