World Wireless Net Income vs. Revenue
WWRLDelisted Stock | USD 0.01 0.01 86.25% |
For World Wireless profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Wireless to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Wireless Communications utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Wireless's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Wireless Communications over time as well as its relative position and ranking within its peers.
World |
World Wireless Commu Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Wireless's current stock value. Our valuation model uses many indicators to compare World Wireless value to that of its competitors to determine the firm's financial worth. World Wireless Communications is rated first in net income category among its peers. It is rated first in revenue 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 World Wireless' earnings, one of the primary drivers of an investment's value.World Revenue vs. Net Income
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.
World Wireless |
| = | (9.85 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.
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.
World Wireless |
| = | 735.12 K |
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.
World Revenue vs Competition
World Wireless Communications is rated first in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 488.41 Billion. World Wireless adds roughly 735,124 in revenue claiming only tiny portion of equities under Information Technology industry.
World Wireless Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Wireless, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Wireless will eventually generate negative long term returns. The profitability progress is the general direction of World Wireless' change in net profit over the period of time. It can combine multiple indicators of World Wireless, 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.
World Wireless Communications, Inc. engages in the design and development of wired and wireless telemetry and remote control systems. World Wireless Communications, Inc. is based in Greenwood Village, Colorado. World Wireless operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 21 people.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Wireless. 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 World Wireless 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 World Wireless' important profitability drivers and their relationship over time.
Use World Wireless 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 World Wireless 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 World Wireless will appreciate offsetting losses from the drop in the long position's value.World Wireless Pair Trading
World Wireless Communications Pair Trading Analysis
The ability to find closely correlated positions to World Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Wireless 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 World Wireless - 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 World Wireless Communications to buy it.
The correlation of World Wireless 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 World Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Wireless Commu 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 World Wireless 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 World Wireless position
In addition to having World Wireless 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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Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 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 Drugs 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 company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in World Pink Sheet
If you are still planning to invest in World Wireless Commu 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 World Wireless' history and understand the potential risks before investing.
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