NanoTech Entertainment Shares Outstanding vs. Price To Earning
| NTEK Stock | USD 0.0001 0.00 0.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0443 | 0.0467 |
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For NanoTech Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NanoTech Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NanoTech Entertainment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NanoTech Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NanoTech Entertainment over time as well as its relative position and ranking within its peers.
NanoTech |
Is Movies & Entertainment 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 NanoTech Entertainment. If investors know NanoTech 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 NanoTech Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.054 |
The market value of NanoTech Entertainment is measured differently than its book value, which is the value of NanoTech that is recorded on the company's balance sheet. Investors also form their own opinion of NanoTech Entertainment's value that differs from its market value or its book value, called intrinsic value, which is NanoTech Entertainment'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 NanoTech Entertainment's market value can be influenced by many factors that don't directly affect NanoTech Entertainment'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 NanoTech Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoTech Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoTech Entertainment'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.
NanoTech Entertainment Price To Earning vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NanoTech Entertainment's current stock value. Our valuation model uses many indicators to compare NanoTech Entertainment value to that of its competitors to determine the firm's financial worth. NanoTech Entertainment is considered to be number one stock in shares outstanding category among its peers. It also is considered to be number one stock in price to earning category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value NanoTech Entertainment 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.NanoTech Price To Earning vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
NanoTech Entertainment |
| = | 143.84 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
NanoTech Entertainment |
| = | (1.07) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
NanoTech Price To Earning Comparison
NanoTech Entertainment is currently under evaluation in price to earning category among its peers.
NanoTech Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NanoTech Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NanoTech Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of NanoTech Entertainment's change in net profit over the period of time. It can combine multiple indicators of NanoTech Entertainment, 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 | -774.8 K | -813.6 K | |
| Net Loss | -774.8 K | -813.6 K | |
| Income Before Tax | -774.8 K | -813.6 K | |
| Total Other Income Expense Net | -118.9 K | -124.8 K | |
| Net Loss | -774.8 K | -813.6 K | |
| Net Loss | -774.8 K | -813.6 K | |
| Change To Netincome | 157.4 K | 149.5 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 9.08 | 9.53 | |
| Net Income Per E B T | 0.90 | 0.80 |
NanoTech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NanoTech Entertainment. 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 NanoTech Entertainment 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 NanoTech Entertainment's important profitability drivers and their relationship over time.
Use NanoTech Entertainment 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 NanoTech Entertainment 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 NanoTech Entertainment will appreciate offsetting losses from the drop in the long position's value.NanoTech Entertainment Pair Trading
NanoTech Entertainment Pair Trading Analysis
The ability to find closely correlated positions to NanoTech Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NanoTech Entertainment 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 NanoTech Entertainment - 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 NanoTech Entertainment to buy it.
The correlation of NanoTech Entertainment 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 NanoTech Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NanoTech Entertainment 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 NanoTech Entertainment 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 NanoTech Entertainment position
In addition to having NanoTech Entertainment 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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Check out Correlation Analysis. For more information on how to buy NanoTech Stock please use our How to buy in NanoTech Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
To fully project NanoTech Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NanoTech Entertainment 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 NanoTech Entertainment's income statement, its balance sheet, and the statement of cash flows.