Advanced Container Price To Sales vs. Beta
| ACTX Etf | USD 0.0001 0.00 0.00% |
For Advanced Container profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Advanced Container to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Advanced Container Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Advanced Container's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Advanced Container Technologies over time as well as its relative position and ranking within its peers.
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Advanced Container Beta vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Advanced Container's current stock value. Our valuation model uses many indicators to compare Advanced Container value to that of its competitors to determine the firm's financial worth. Advanced Container Technologies is the top ETF in price to sales as compared to similar ETFs. It also is the top ETF in beta as compared to similar ETFs . 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 Advanced Container's earnings, one of the primary drivers of an investment's value.Advanced Beta 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.
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| = | 5.82 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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| = | -0.4 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Advanced Beta Comparison
Advanced Container is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As returns on the market increase, returns on owning Advanced Container are expected to decrease at a much lower rate. During the bear market, Advanced Container is likely to outperform the market.
Advanced Container Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Advanced Container, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Advanced Container will eventually generate negative long term returns. The profitability progress is the general direction of Advanced Container's change in net profit over the period of time. It can combine multiple indicators of Advanced Container, 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.
Advanced Container Technologies, Inc. engages in designing, branding, and selling plastic medical grade containers. Advanced Container is listed under Packaging Containers in the United States and is traded on OTC Exchange exchange.
Advanced Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Advanced Container. 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 Advanced Container 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 Advanced Container's important profitability drivers and their relationship over time.
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Use Advanced Container 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 Advanced Container 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 Advanced Container will appreciate offsetting losses from the drop in the long position's value.Advanced Container Pair Trading
Advanced Container Technologies Pair Trading Analysis
The ability to find closely correlated positions to Advanced Container could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Container 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 Advanced Container - 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 Advanced Container Technologies to buy it.
The correlation of Advanced Container 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 Advanced Container moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Container 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 Advanced Container 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 Advanced Container position
In addition to having Advanced Container 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers 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 Insurance Providers Theme or any other thematic opportunities.
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Other Information on Investing in Advanced Pink Sheet
To fully project Advanced Container's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Advanced Container 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 Advanced Container's income statement, its balance sheet, and the statement of cash flows.