Nubeva Technologies Price To Sales vs. Gross Profit
| NBVA Stock | CAD 0.21 0.01 5.00% |
Nubeva Technologies Price To Sales Ratio |
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For Nubeva Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nubeva Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nubeva Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nubeva Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nubeva Technologies over time as well as its relative position and ranking within its peers.
Nubeva |
Nubeva Technologies Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nubeva Technologies's current stock value. Our valuation model uses many indicators to compare Nubeva Technologies value to that of its competitors to determine the firm's financial worth. Nubeva Technologies is considered to be number one stock in price to sales category among its peers. It also is considered to be number one stock in gross profit category among its peers fabricating about 158,349 of Gross Profit per Price To Sales. At this time, Nubeva Technologies' 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 Nubeva Technologies' earnings, one of the primary drivers of an investment's value.Nubeva Gross Profit vs. Price To Sales
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.
Nubeva Technologies |
| = | 13.08 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Nubeva Technologies |
| = | 2.07 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Nubeva Gross Profit Comparison
Nubeva Technologies is currently under evaluation in gross profit category among its peers.
Nubeva Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nubeva Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nubeva Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Nubeva Technologies' change in net profit over the period of time. It can combine multiple indicators of Nubeva Technologies, 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 | ||
| Net Interest Income | 146.3 K | 153.6 K | |
| Interest Income | 176.6 K | 185.4 K | |
| Operating Income | -1 M | -1.1 M | |
| Net Loss | -1.4 K | -1.4 K | |
| Income Before Tax | 151.9 K | 159.5 K | |
| Total Other Income Expense Net | 1 M | 1.1 M | |
| Net Loss | -1.8 M | -1.9 M | |
| Net Loss | -1.4 K | -1.4 K | |
| Change To Netincome | 1 M | 667.2 K | |
| Income Quality | 45.10 | 47.35 | |
| Net Loss | (0.01) | (0.01) |
Nubeva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nubeva Technologies. 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 Nubeva Technologies 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 Nubeva Technologies' important profitability drivers and their relationship over time.
Use Nubeva Technologies 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 Nubeva Technologies 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 Nubeva Technologies will appreciate offsetting losses from the drop in the long position's value.Nubeva Technologies Pair Trading
Nubeva Technologies Pair Trading Analysis
The ability to find closely correlated positions to Nubeva Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nubeva Technologies 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 Nubeva Technologies - 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 Nubeva Technologies to buy it.
The correlation of Nubeva Technologies 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 Nubeva Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nubeva Technologies 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 Nubeva Technologies 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 Nubeva Technologies position
In addition to having Nubeva Technologies 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
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Additional Tools for Nubeva Stock Analysis
When running Nubeva Technologies' price analysis, check to measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.