Eva Live Total Debt vs. Book Value Per Share
| GOAI Stock | USD 2.07 0.04 1.90% |
For Eva Live profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eva Live to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eva Live utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eva Live's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eva Live over time as well as its relative position and ranking within its peers.
Eva |
Eva Live Book Value Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eva Live's current stock value. Our valuation model uses many indicators to compare Eva Live value to that of its competitors to determine the firm's financial worth. Eva Live is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in book value per share category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eva Live by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eva Live's OTC Stock. 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.Eva Total Debt vs. Competition
Eva Live is rated as one of the top companies in total debt category among its peers. Total debt of Entertainment industry is currently estimated at about 10.11 Billion. Eva Live adds roughly 31,000 in total debt claiming only tiny portion of equities under Entertainment industry.
Eva Book Value Per Share vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Eva Live |
| = | 31 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Eva Live |
| = | (0.07) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Eva Book Value Per Share Comparison
Eva Live is currently under evaluation in book value per share category among its peers.
Eva Live Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eva Live, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eva Live will eventually generate negative long term returns. The profitability progress is the general direction of Eva Live's change in net profit over the period of time. It can combine multiple indicators of Eva Live, 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.
Eva Live, Inc. operates in the entertainment, publishing, and interactive industries. Eva Live, Inc. was incorporated in 2002 and is based in Santa Monica, California. Eva Live operates under Entertainment classification in the United States and is traded on OTC Exchange.
Eva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eva Live. 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 Eva Live 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 Eva Live's important profitability drivers and their relationship over time.
Use Eva Live 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 Eva Live 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 Eva Live will appreciate offsetting losses from the drop in the long position's value.Eva Live Pair Trading
Eva Live Pair Trading Analysis
The ability to find closely correlated positions to Eva Live could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eva Live 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 Eva Live - 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 Eva Live to buy it.
The correlation of Eva Live 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 Eva Live moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eva Live 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 Eva Live 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 Eva Live position
In addition to having Eva Live 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 Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds 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 Small Blend Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Eva OTC Stock
To fully project Eva Live's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eva Live at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eva Live's income statement, its balance sheet, and the statement of cash flows.