TOWNSQUARE MEDIA Price To Earnings To Growth vs. Current Valuation
| 2T8 Stock | EUR 9.35 0.10 1.06% |
For TOWNSQUARE MEDIA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TOWNSQUARE MEDIA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TOWNSQUARE MEDIA INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TOWNSQUARE MEDIA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TOWNSQUARE MEDIA INC over time as well as its relative position and ranking within its peers.
TOWNSQUARE |
TOWNSQUARE MEDIA INC Current Valuation vs. Price To Earnings To Growth Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TOWNSQUARE MEDIA's current stock value. Our valuation model uses many indicators to compare TOWNSQUARE MEDIA value to that of its competitors to determine the firm's financial worth. TOWNSQUARE MEDIA INC is number one stock in price to earnings to growth category among its peers. It also is the top company in current valuation category among its peers reporting about 2,283,878,414 of Current Valuation per Price To Earnings To Growth. 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 TOWNSQUARE MEDIA's earnings, one of the primary drivers of an investment's value.TOWNSQUARE Current Valuation vs. Price To Earnings To Growth
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
TOWNSQUARE MEDIA |
| = | 0.28 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
TOWNSQUARE MEDIA |
| = | 640.86 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
TOWNSQUARE Current Valuation vs Competition
TOWNSQUARE MEDIA INC is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is presently estimated at about 64.85 Billion. TOWNSQUARE MEDIA maintains roughly 640.86 Million in current valuation contributing less than 1% to all equities under Other industry.
TOWNSQUARE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TOWNSQUARE MEDIA. 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA's important profitability drivers and their relationship over time.
Use TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA will appreciate offsetting losses from the drop in the long position's value.TOWNSQUARE MEDIA Pair Trading
TOWNSQUARE MEDIA INC Pair Trading Analysis
The ability to find closely correlated positions to TOWNSQUARE MEDIA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA - 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 TOWNSQUARE MEDIA INC to buy it.
The correlation of TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TOWNSQUARE MEDIA INC 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 TOWNSQUARE MEDIA 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 TOWNSQUARE MEDIA position
In addition to having TOWNSQUARE MEDIA 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 Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 38 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 Oil And Gas Theme or any other thematic opportunities.
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Other Information on Investing in TOWNSQUARE Stock
To fully project TOWNSQUARE MEDIA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TOWNSQUARE MEDIA INC 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 TOWNSQUARE MEDIA's income statement, its balance sheet, and the statement of cash flows.