Blueberries Medical Net Income vs. Price To Book
BBRRF Stock | USD 0.01 0.0005 5.00% |
For Blueberries Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blueberries Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blueberries Medical Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blueberries Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blueberries Medical Corp over time as well as its relative position and ranking within its peers.
Blueberries |
Blueberries Medical Corp Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blueberries Medical's current stock value. Our valuation model uses many indicators to compare Blueberries Medical value to that of its competitors to determine the firm's financial worth. Blueberries Medical Corp is number one stock in net income category among its peers. It also is number one stock in price to book 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 Blueberries Medical's earnings, one of the primary drivers of an investment's value.Blueberries Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Blueberries Medical |
| = | (5.15 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Blueberries Medical |
| = | 132.07 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Blueberries Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blueberries Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blueberries Medical will eventually generate negative long term returns. The profitability progress is the general direction of Blueberries Medical's change in net profit over the period of time. It can combine multiple indicators of Blueberries Medical, 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.
Blueberries Medical Corp. engages in the growth, cultivation, development, production, and supply of medicinal cannabis and related products in Colombia. It offers medicinal-grade cannabis oil extracts and related products. BLUEBERRIES MEDICAL is traded on OTC Exchange in the United States.
Blueberries Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blueberries Medical. 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 Blueberries Medical 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 Blueberries Medical's important profitability drivers and their relationship over time.
Use Blueberries Medical 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 Blueberries Medical 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 Blueberries Medical will appreciate offsetting losses from the drop in the long position's value.Blueberries Medical Pair Trading
Blueberries Medical Corp Pair Trading Analysis
The ability to find closely correlated positions to Blueberries Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blueberries Medical 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 Blueberries Medical - 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 Blueberries Medical Corp to buy it.
The correlation of Blueberries Medical 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 Blueberries Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blueberries Medical 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 Blueberries Medical 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 Blueberries Medical position
In addition to having Blueberries Medical 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Other Information on Investing in Blueberries OTC Stock
To fully project Blueberries Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blueberries Medical 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 Blueberries Medical's income statement, its balance sheet, and the statement of cash flows.