Destiny Tech100 Cash Flow From Operations vs. Market Capitalization
| DXYZ Stock | 39.98 3.61 8.28% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 2.01 | 1.8117 |
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| Net Profit Margin | 1.2 | 1.5234 |
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| Operating Profit Margin | 1.2 | 1.5234 |
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| Pretax Profit Margin | 1.2 | 1.5234 |
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For Destiny Tech100 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Destiny Tech100 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Destiny Tech100 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Destiny Tech100's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Destiny Tech100 over time as well as its relative position and ranking within its peers.
Destiny |
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Destiny Tech100. If investors know Destiny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Destiny Tech100 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Destiny Tech100 is measured differently than its book value, which is the value of Destiny that is recorded on the company's balance sheet. Investors also form their own opinion of Destiny Tech100's value that differs from its market value or its book value, called intrinsic value, which is Destiny Tech100's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Destiny Tech100's market value can be influenced by many factors that don't directly affect Destiny Tech100's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destiny Tech100's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destiny Tech100 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destiny Tech100'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.
Destiny Tech100 Market Capitalization vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Destiny Tech100's current stock value. Our valuation model uses many indicators to compare Destiny Tech100 value to that of its competitors to determine the firm's financial worth. Destiny Tech100 is one of the top stocks in cash flow from operations category among its peers. It also is one of the top stocks in market capitalization category among its peers . At this time, Destiny Tech100's Market Cap is fairly 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 Destiny Tech100's earnings, one of the primary drivers of an investment's value.Destiny Market Capitalization vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Destiny Tech100 |
| = | (11.73 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
Destiny Tech100 |
| = | 434.98 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.
Destiny Market Capitalization vs Competition
Destiny Tech100 is one of the top stocks in market capitalization category among its peers. Market capitalization of Information Technology industry is currently estimated at about 113.09 Billion. Destiny Tech100 adds roughly 434.98 Million in market capitalization claiming only tiny portion of equities under Information Technology industry.
Destiny Tech100 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Destiny Tech100, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Destiny Tech100 will eventually generate negative long term returns. The profitability progress is the general direction of Destiny Tech100's change in net profit over the period of time. It can combine multiple indicators of Destiny Tech100, 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 | -4.1 M | -4.3 M | |
| Income Before Tax | -4.1 M | -4.3 M | |
| Total Other Income Expense Net | 3.00 | 3.15 | |
| Net Loss | -4.1 M | -4.3 M | |
| Income Tax Expense | (2.70) | (2.84) | |
| Net Interest Income | 102.4 K | 114.7 K | |
| Interest Income | 102.4 K | 114.7 K | |
| Net Loss | -4.1 M | -4.3 M | |
| Net Loss | (0.38) | (0.40) | |
| Income Quality | 2.83 | 3.26 |
Destiny Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Destiny Tech100. 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 Destiny Tech100 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 Destiny Tech100's important profitability drivers and their relationship over time.
Use Destiny Tech100 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 Destiny Tech100 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 Destiny Tech100 will appreciate offsetting losses from the drop in the long position's value.Destiny Tech100 Pair Trading
Destiny Tech100 Pair Trading Analysis
The ability to find closely correlated positions to Destiny Tech100 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destiny Tech100 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 Destiny Tech100 - 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 Destiny Tech100 to buy it.
The correlation of Destiny Tech100 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 Destiny Tech100 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destiny Tech100 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 Destiny Tech100 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 Destiny Tech100 position
In addition to having Destiny Tech100 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 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 Banking Theme or any other thematic opportunities.
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Additional Tools for Destiny Stock Analysis
When running Destiny Tech100's price analysis, check to measure Destiny Tech100'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 Destiny Tech100 is operating at the current time. Most of Destiny Tech100's value examination focuses on studying past and present price action to predict the probability of Destiny Tech100's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Tech100's price. Additionally, you may evaluate how the addition of Destiny Tech100 to your portfolios can decrease your overall portfolio volatility.