G-bits Network Book Value Per Share vs. Return On Equity
Taking into consideration G-bits Network's profitability measurements, G bits Network Technology may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess G-bits Network's ability to earn profits and add value for shareholders.
Check out Trending Equities 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 various price indices.
Please note, there is a significant difference between G-bits Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if G-bits Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G-bits Network'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 G-bits Network profitability analysis, we use financial ratios and fundamental drivers that measure the ability of G-bits Network to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well G bits Network Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between G-bits Network's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of G bits Network Technology over time as well as its relative position and ranking within its peers.
G-bits |
G bits Network Return On Equity vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining G-bits Network's current stock value. Our valuation model uses many indicators to compare G-bits Network value to that of its competitors to determine the firm's financial worth. G bits Network Technology is number one stock in book value per share category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Book Value Per Share to Return On Equity for G bits Network Technology is about 292.10 . Comparative valuation analysis is a catch-all model that can be used if you cannot value G-bits Network by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for G-bits Network'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.G-bits Return On Equity vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 65.52 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
G-bits Network |
| = | 0.22 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
G-bits Return On Equity Comparison
G Bits is currently under evaluation in return on equity category among its peers.
G-bits Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on G-bits Network. 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 G-bits Network 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 G-bits Network's important profitability drivers and their relationship over time.
Use G-bits Network 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 G-bits Network 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 G-bits Network will appreciate offsetting losses from the drop in the long position's value.G-bits Network Pair Trading
G bits Network Technology Pair Trading Analysis
The ability to find closely correlated positions to G-bits Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G-bits Network 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 G-bits Network - 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 G bits Network Technology to buy it.
The correlation of G-bits Network 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 G-bits Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G bits Network 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 G-bits Network 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 G-bits Network position
In addition to having G-bits Network 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 Entertainment Thematic Idea Now
Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment 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 Entertainment Theme or any other thematic opportunities.
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Other Tools for G-bits Stock
When running G-bits Network's price analysis, check to measure G-bits Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy G-bits Network is operating at the current time. Most of G-bits Network's value examination focuses on studying past and present price action to predict the probability of G-bits Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G-bits Network's price. Additionally, you may evaluate how the addition of G-bits Network to your portfolios can decrease your overall portfolio volatility.
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