CooTek Cayman Current Valuation vs. Net Income
| CTKYYDelisted Stock | USD 0.41 0.16 64.00% |
For CooTek Cayman profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CooTek Cayman to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CooTek Cayman utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CooTek Cayman's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CooTek Cayman over time as well as its relative position and ranking within its peers.
CooTek |
CooTek Cayman Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CooTek Cayman's current stock value. Our valuation model uses many indicators to compare CooTek Cayman value to that of its competitors to determine the firm's financial worth. CooTek Cayman is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value CooTek Cayman by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CooTek Cayman's Pink Sheet. 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.CooTek Current Valuation vs. Competition
CooTek Cayman is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software—Application industry is currently estimated at about 64.72 Million. CooTek Cayman holds roughly 2.32 Million in current valuation claiming about 4% of equities listed under Software—Application industry.
CooTek Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
CooTek Cayman |
| = | 2.32 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
CooTek Cayman |
| = | (13.88 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.
CooTek Net Income Comparison
CooTek Cayman is currently under evaluation in net income category among its peers.
CooTek Cayman Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CooTek Cayman, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CooTek Cayman will eventually generate negative long term returns. The profitability progress is the general direction of CooTek Cayman's change in net profit over the period of time. It can combine multiple indicators of CooTek Cayman, 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.
CooTek Inc. operates as a mobile internet company in the United States, the Peoples Republic of China, and internationally. The company was founded in 2008 and is headquartered in Shanghai, the Peoples Republic of China. Cootek operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 385 people.
CooTek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CooTek Cayman. 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 CooTek Cayman 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 CooTek Cayman's important profitability drivers and their relationship over time.
Use CooTek Cayman 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 CooTek Cayman 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 CooTek Cayman will appreciate offsetting losses from the drop in the long position's value.CooTek Cayman Pair Trading
CooTek Cayman Pair Trading Analysis
The ability to find closely correlated positions to CooTek Cayman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CooTek Cayman 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 CooTek Cayman - 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 CooTek Cayman to buy it.
The correlation of CooTek Cayman 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 CooTek Cayman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CooTek Cayman 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 CooTek Cayman 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 CooTek Cayman position
In addition to having CooTek Cayman 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 Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in CooTek Pink Sheet
If you are still planning to invest in CooTek Cayman check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CooTek Cayman's history and understand the potential risks before investing.
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