GO2 People Return On Equity vs. Current Valuation
| GO2 Stock | 0.67 0.00 0.00% |
For GO2 People profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GO2 People to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GO2 People utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GO2 People's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GO2 People over time as well as its relative position and ranking within its peers.
GO2 |
GO2 People Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GO2 People's current stock value. Our valuation model uses many indicators to compare GO2 People value to that of its competitors to determine the firm's financial worth. GO2 People is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers . 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 GO2 People's earnings, one of the primary drivers of an investment's value.GO2 Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
GO2 People |
| = | -12.46 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
GO2 People |
| = | 67.19 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.
GO2 Current Valuation vs Competition
GO2 People is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 621.73 Billion. GO2 People adds roughly 67.19 Million in current valuation claiming only tiny portion of equities under Industrials industry.
GO2 People Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GO2 People, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GO2 People will eventually generate negative long term returns. The profitability progress is the general direction of GO2 People's change in net profit over the period of time. It can combine multiple indicators of GO2 People, 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 | -1.2 M | -1.2 M | |
| Net Loss | -1.4 M | -1.4 M | |
| Income Before Tax | -1.4 M | -1.4 M | |
| Total Other Income Expense Net | -270.8 K | -284.4 K | |
| Net Loss | -4.9 M | -4.7 M | |
| Net Loss | -12.1 K | -12.7 K | |
| Interest Income | 2.3 K | 2.1 K | |
| Net Interest Income | -270.8 K | -284.4 K | |
| Change To Netincome | 189 K | 179.6 K |
GO2 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GO2 People. 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 GO2 People 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 GO2 People's important profitability drivers and their relationship over time.
Use GO2 People 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 GO2 People 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 GO2 People will appreciate offsetting losses from the drop in the long position's value.GO2 People Pair Trading
GO2 People Pair Trading Analysis
The ability to find closely correlated positions to GO2 People could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GO2 People 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 GO2 People - 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 GO2 People to buy it.
The correlation of GO2 People 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 GO2 People moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GO2 People 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 GO2 People 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 GO2 People position
In addition to having GO2 People 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 Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 39 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 Cigarettes Theme or any other thematic opportunities.
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Additional Tools for GO2 Stock Analysis
When running GO2 People's price analysis, check to measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.