| XTD Stock | | | CAD 2.07 0.02 0.98% |
Based on TDb Split's profitability indicators, TDb Split Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess TDb Split's ability to earn profits and add value for shareholders. As of the 1st of December 2024,
Price To Sales Ratio is likely to drop to -8.84. In addition to that,
Days Sales Outstanding is likely to drop to -0.07. At this time, TDb Split's
Net Interest Income is very stable compared to the past year. As of the 1st of December 2024,
Interest Income is likely to grow to about 738.8
K, though
Operating Income is likely to grow to (5.9
M).
For TDb Split profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TDb Split to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well TDb Split Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TDb Split's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TDb Split Corp over time as well as its relative position and ranking within its peers.
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Please note, there is a significant difference between TDb Split's value and its price as these two are different measures arrived at by different means. Investors typically determine if TDb Split is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TDb Split'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.
TDb Split Corp Cash Per Share vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TDb Split's current stock value. Our valuation model uses many indicators to compare TDb Split value to that of its competitors to determine the firm's financial worth.
TDb Split Corp is rated
fourth in shares outstanding category among its peers. It is rated
second in cash per share category among its peers . The ratio of Shares Outstanding to Cash Per Share for TDb Split Corp is about
461,959 . At this time, TDb Split's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value TDb Split by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TDb Split's 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.
TDb Cash Per Share vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
TDb Split | Shares Outstanding | = | Public Shares | - | Repurchased |
| = | 7.3 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
TDb Split | Cash Per Share | = | Total CashAverage Shares |
| = | 15.80 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
TDb Cash Per Share Comparison
TDb Split is currently under evaluation in cash per share category among its peers.
TDb Split Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TDb Split, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TDb Split will eventually generate negative long term returns. The profitability progress is the general direction of TDb Split's change in net profit over the period of time. It can combine
multiple indicators of TDb Split, 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.
TDb Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on TDb Split. 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 TDb Split 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 TDb Split's important profitability drivers and their relationship over time.
Use TDb Split 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 TDb Split 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 TDb Split will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TDb Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TDb Split 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 TDb Split - 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 TDb Split Corp to buy it.
The correlation of TDb Split 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 TDb Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TDb Split 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 TDb Split 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 TDb Split position
In addition to having TDb Split 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.
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Fund from digital currency traded on multiple global exchanges in US dollors. The USD Crypto Fund theme has 24 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
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Other Information on Investing in TDb Stock
To fully project TDb Split's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of TDb Split 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 TDb Split's income statement, its balance sheet, and the statement of cash flows.
Potential TDb Split investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TDb Split investors may work on each financial statement separately, they are all related. The changes in TDb Split's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TDb Split's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
