Grindr Return On Asset vs. Market Capitalization
| GRND Stock | 17.72 0.41 2.37% |
For Grindr profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grindr to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grindr Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grindr's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grindr Inc over time as well as its relative position and ranking within its peers.
Grindr |
Grindr's Revenue Breakdown by Earning Segment
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Is Application Software 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 Grindr. If investors know Grindr 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 Grindr 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 Grindr Inc is measured differently than its book value, which is the value of Grindr that is recorded on the company's balance sheet. Investors also form their own opinion of Grindr's value that differs from its market value or its book value, called intrinsic value, which is Grindr'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 Grindr's market value can be influenced by many factors that don't directly affect Grindr'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 Grindr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindr'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.
Grindr Inc Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grindr's current stock value. Our valuation model uses many indicators to compare Grindr value to that of its competitors to determine the firm's financial worth. Grindr Inc is one of the top stocks in return on asset category among its peers. It is rated below average in market capitalization category among its peers creating about 24,015,345,923 of Market Capitalization per Return On Asset. Comparative valuation analysis is a catch-all technique that is used if you cannot value Grindr by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Grindr Market Capitalization vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Grindr |
| = | 0.13 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Grindr |
| = | 3.06 B |
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.
Grindr Market Capitalization vs Competition
Grindr Inc is rated below average in market capitalization category among its peers. Market capitalization of Information Technology industry is currently estimated at about 88.57 Billion. Grindr holds roughly 3.06 Billion in market capitalization claiming about 3% of equities under Information Technology industry.
Grindr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grindr. 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 Grindr 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 Grindr's important profitability drivers and their relationship over time.
Use Grindr 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 Grindr 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 Grindr will appreciate offsetting losses from the drop in the long position's value.Grindr Pair Trading
Grindr Inc Pair Trading Analysis
The ability to find closely correlated positions to Grindr could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grindr 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 Grindr - 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 Grindr Inc to buy it.
The correlation of Grindr 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 Grindr moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grindr Inc 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 Grindr 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 Grindr position
In addition to having Grindr 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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 48 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 Soft Drinks Theme or any other thematic opportunities.
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To fully project Grindr's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grindr Inc 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 Grindr's income statement, its balance sheet, and the statement of cash flows.