Destiny Tech100 Profitability Analysis
| DXYZ Stock | 39.98 3.61 8.28% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -4.1 M | Current Value -4.3 M | Quarterly Volatility 91.2 K |
| 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 Price To Sales vs. Price To Book 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 price to book category among its peers. It also is one of the top stocks in price to sales category among its peers fabricating about 15.02 of Price To Sales per Price To Book. At this time, Destiny Tech100's Price To Sales Ratio 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 Price To Sales vs. Price To Book
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.
Destiny Tech100 |
| = | 7.77 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.
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.
Destiny Tech100 |
| = | 116.70 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.
Destiny Price To Sales Comparison
Destiny Tech100 is currently under evaluation in price to sales category among its peers.
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.
Destiny Tech100 Profitability Trends
Destiny Tech100 profitability trend refers to the progression of profit or loss within a business. An upward trend means that Destiny Tech100's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Destiny Tech100's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Destiny Tech100 Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Destiny Tech100 different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Destiny Tech100 in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Destiny Tech100's future profitability.
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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?
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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.