NVIDIA CDR Price To Book vs. EBITDA
| NVDA Stock | 32.40 0.40 1.25% |
For NVIDIA CDR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NVIDIA CDR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NVIDIA CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NVIDIA CDR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NVIDIA CDR over time as well as its relative position and ranking within its peers.
NVIDIA |
NVIDIA CDR EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NVIDIA CDR's current stock value. Our valuation model uses many indicators to compare NVIDIA CDR value to that of its competitors to determine the firm's financial worth. NVIDIA CDR is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 1,264,066,939 of EBITDA per Price To Book. 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 NVIDIA CDR's earnings, one of the primary drivers of an investment's value.NVIDIA EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
NVIDIA CDR |
| = | 48.40 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
NVIDIA CDR |
| = | 61.18 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
NVIDIA EBITDA Comparison
NVIDIA CDR is currently under evaluation in ebitda category among its peers.
NVIDIA CDR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NVIDIA CDR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NVIDIA CDR will eventually generate negative long term returns. The profitability progress is the general direction of NVIDIA CDR's change in net profit over the period of time. It can combine multiple indicators of NVIDIA CDR, 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 | 609 M | 639.5 M | |
| Interest Income | 866 M | 909.3 M | |
| Operating Income | 33 B | 34.6 B | |
| Net Income From Continuing Ops | 29.8 B | 31.2 B | |
| Income Before Tax | 33.8 B | 35.5 B | |
| Total Other Income Expense Net | 237 M | 248.8 M | |
| Net Income | 29.8 B | 31.2 B |
NVIDIA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NVIDIA CDR. 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 NVIDIA CDR 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 NVIDIA CDR's important profitability drivers and their relationship over time.
Use NVIDIA CDR 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 NVIDIA CDR 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 NVIDIA CDR will appreciate offsetting losses from the drop in the long position's value.NVIDIA CDR Pair Trading
NVIDIA CDR Pair Trading Analysis
The ability to find closely correlated positions to NVIDIA CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NVIDIA CDR 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 NVIDIA CDR - 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 NVIDIA CDR to buy it.
The correlation of NVIDIA CDR 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 NVIDIA CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NVIDIA CDR 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 NVIDIA CDR 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 NVIDIA CDR position
In addition to having NVIDIA CDR 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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Other Information on Investing in NVIDIA Stock
To fully project NVIDIA CDR's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NVIDIA CDR 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 NVIDIA CDR's income statement, its balance sheet, and the statement of cash flows.