63 Moons Price To Sales vs. Operating Margin

63MOONS Stock   980.10  51.55  5.00%   
Based on 63 Moons' profitability indicators, 63 moons technologies may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess 63 Moons' ability to earn profits and add value for shareholders.
For 63 Moons profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 63 Moons to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 63 moons technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 63 Moons's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 63 moons technologies 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 63 Moons' value and its price as these two are different measures arrived at by different means. Investors typically determine if 63 Moons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 63 Moons' 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.

63 moons technologies Operating Margin vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 63 Moons's current stock value. Our valuation model uses many indicators to compare 63 Moons value to that of its competitors to determine the firm's financial worth.
63 moons technologies is number one stock in price to sales category among its peers. It also is number one stock in operating margin 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 63 Moons' earnings, one of the primary drivers of an investment's value.

63MOONS Operating Margin vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

63 Moons

P/S

 = 

MV Per Share

Revenue Per Share

 = 
11.42 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

63 Moons

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
(1.52) %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.

63MOONS Operating Margin Comparison

63 Moons is currently under evaluation in operating margin category among its peers.

63 Moons Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 63 Moons, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 63 Moons will eventually generate negative long term returns. The profitability progress is the general direction of 63 Moons' change in net profit over the period of time. It can combine multiple indicators of 63 Moons, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.2 B3.4 B
Operating Income2.4 B2.5 B
Income Before Tax2.1 B1.1 B
Total Other Income Expense Net-269.8 M-256.3 M
Net Income2.2 B1.1 B
Income Tax Expense15.5 M14.7 M
Interest Income1.3 B970.2 M
Net Loss-146.8 M-139.4 M
Net Interest Income1.3 B839.9 M
Net Income From Continuing Ops2.1 B2.2 B
Change To Netincome-235.2 M-247 M

63MOONS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 63 Moons. 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 63 Moons 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 63 Moons' important profitability drivers and their relationship over time.

Use 63 Moons 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 63 Moons 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 63 Moons will appreciate offsetting losses from the drop in the long position's value.

63 Moons Pair Trading

63 moons technologies Pair Trading Analysis

The ability to find closely correlated positions to 63 Moons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 63 Moons 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 63 Moons - 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 63 moons technologies to buy it.
The correlation of 63 Moons 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 63 Moons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 63 moons technologies 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 63 Moons 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your 63 Moons position

In addition to having 63 Moons 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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Single Stock ETFs
Single Stock ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 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 Single Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for 63MOONS Stock Analysis

When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.