Conico Price To Sales vs. Market Capitalization

CNJ Stock   0.01  0  20.00%   
Considering Conico's profitability and operating efficiency indicators, Conico may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Conico's ability to earn profits and add value for shareholders.
For Conico profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Conico to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Conico utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Conico's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Conico 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 Conico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Conico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conico's 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.

Conico Market Capitalization vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Conico's current stock value. Our valuation model uses many indicators to compare Conico value to that of its competitors to determine the firm's financial worth.
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Conico is rated second in price to sales category among its peers. It is rated below average in market capitalization category among its peers creating about  43,583  of Market Capitalization per Price To Sales. 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 Conico's earnings, one of the primary drivers of an investment's value.

Conico Market Capitalization 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.

Conico

P/S

 = 

MV Per Share

Revenue Per Share

 = 
65.39 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Conico

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
2.85 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Conico Market Capitalization vs Competition

Conico is rated below average in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 52.15 Billion. Conico adds roughly 2.85 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
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Capitalization  Total debt  Workforce  Revenue  Valuation

Conico Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Conico, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Conico will eventually generate negative long term returns. The profitability progress is the general direction of Conico's change in net profit over the period of time. It can combine multiple indicators of Conico, 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 Income1.3 M812.4 K
Operating Income-584.5 K-613.7 K
Income Before Tax-35.1 M-33.3 M
Total Other Income Expense Net-34.5 M-32.8 M
Net Loss-35.1 M-33.3 M
Income Tax Expense-34.3 M-32.6 M
Net Loss-35.1 M-33.3 M
Net Loss-797.1 K-836.9 K
Net Interest Income2.1 K2.2 K
Interest Income2.1 K1.9 K
Change To Netincome6.1 K5.8 K

Conico Profitability Driver Comparison

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

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

Conico Pair Trading

Conico Pair Trading Analysis

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

In addition to having Conico 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 Communication Services Thematic Idea Now

Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services 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 Communication Services Theme or any other thematic opportunities.
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Additional Tools for Conico Stock Analysis

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