Weed Price To Earning vs. Z Score
| BUDZ Stock | USD 0.03 0.01 25.00% |
For Weed profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Weed to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Weed Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Weed's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Weed Inc over time as well as its relative position and ranking within its peers.
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Weed Inc Z Score vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Weed's current stock value. Our valuation model uses many indicators to compare Weed value to that of its competitors to determine the firm's financial worth. Weed Inc is rated third in price to earning category among its peers. It is rated below average in z score category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Weed by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Weed's OTC 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.Weed Z Score vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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| = | (23.33) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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| = | -0.3 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Weed Z Score Comparison
Weed is currently under evaluation in z score category among its peers.
Weed Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Weed, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Weed will eventually generate negative long term returns. The profitability progress is the general direction of Weed's change in net profit over the period of time. It can combine multiple indicators of Weed, 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.
WEED, Inc., together with its subsidiaries, focuses on the development and application of cannabis-derived compounds for the treatment of human diseases. WEED, Inc. was incorporated in 1999 and is headquartered in Tucson, Arizona. WEED INC operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 2 people.
Weed Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Weed. 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 Weed 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 Weed's important profitability drivers and their relationship over time.
Use Weed 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 Weed 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 Weed will appreciate offsetting losses from the drop in the long position's value.Weed Pair Trading
Weed Inc Pair Trading Analysis
The ability to find closely correlated positions to Weed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Weed 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 Weed - 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 Weed Inc to buy it.
The correlation of Weed 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 Weed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Weed 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 Weed 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 Weed position
In addition to having Weed 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 37 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 Rentals Theme or any other thematic opportunities.
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Additional Tools for Weed OTC Stock Analysis
When running Weed's price analysis, check to measure Weed'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 Weed is operating at the current time. Most of Weed's value examination focuses on studying past and present price action to predict the probability of Weed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weed's price. Additionally, you may evaluate how the addition of Weed to your portfolios can decrease your overall portfolio volatility.