World Chess EBITDA vs. Price To Book
| CHSS Stock | 4.00 0.25 5.88% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -3.6 M | Current Value -3.5 M | Quarterly Volatility 2.9 M |
For World Chess profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Chess to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Chess PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Chess's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Chess PLC over time as well as its relative position and ranking within its peers.
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World Chess PLC Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Chess's current stock value. Our valuation model uses many indicators to compare World Chess value to that of its competitors to determine the firm's financial worth. World Chess PLC is number one stock in ebitda category among its peers. It also is number one stock in price to book category among its peers . At this time, World Chess' EBITDA is comparatively stable compared to the past year. 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 World Chess' earnings, one of the primary drivers of an investment's value.World Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
World Chess |
| = | (3.64 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
World Chess |
| = | 41.89 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.
World Price To Book Comparison
World Chess is currently under evaluation in price to book category among its peers.
World Chess Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Chess, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Chess will eventually generate negative long term returns. The profitability progress is the general direction of World Chess' change in net profit over the period of time. It can combine multiple indicators of World Chess, 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 Reported | Projected for Next Year | ||
| Operating Income | -4.2 M | -3.9 M | |
| Income Before Tax | -4.7 M | -4.4 M | |
| Total Other Income Expense Net | -518 K | -492.1 K | |
| Net Loss | -4.7 M | -4.4 M | |
| Income Tax Expense | 13.6 K | 14.3 K |
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Chess. 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 World Chess 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 World Chess' important profitability drivers and their relationship over time.
Use World Chess 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 World Chess 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 World Chess will appreciate offsetting losses from the drop in the long position's value.World Chess Pair Trading
World Chess PLC Pair Trading Analysis
The ability to find closely correlated positions to World Chess could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Chess 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 World Chess - 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 World Chess PLC to buy it.
The correlation of World Chess 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 World Chess moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Chess PLC 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 World Chess 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 World Chess position
In addition to having World Chess 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones 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 Robots And Drones Theme or any other thematic opportunities.
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Additional Tools for World Stock Analysis
When running World Chess' price analysis, check to measure World Chess' 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 World Chess is operating at the current time. Most of World Chess' value examination focuses on studying past and present price action to predict the probability of World Chess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Chess' price. Additionally, you may evaluate how the addition of World Chess to your portfolios can decrease your overall portfolio volatility.