SecureTech Innovations Revenue vs. Current Valuation
| SCTH Stock | USD 1.00 0.59 143.90% |
For SecureTech Innovations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SecureTech Innovations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SecureTech Innovations utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SecureTech Innovations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SecureTech Innovations over time as well as its relative position and ranking within its peers.
SecureTech |
SecureTech Innovations Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SecureTech Innovations's current stock value. Our valuation model uses many indicators to compare SecureTech Innovations value to that of its competitors to determine the firm's financial worth. SecureTech Innovations is rated third in revenue category among its peers. It is rated fifth in current valuation category among its peers reporting about 12,114 of Current Valuation per Revenue. Comparative valuation analysis is a catch-all model that can be used if you cannot value SecureTech Innovations by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SecureTech Innovations' Pink Sheet. 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.SecureTech Revenue vs. Competition
SecureTech Innovations is rated third in revenue category among its peers. Market size based on revenue of Auto Parts industry is at this time estimated at about 4.24 Trillion. SecureTech Innovations adds roughly 31,713 in revenue claiming only tiny portion of stocks in Auto Parts industry.
SecureTech Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
SecureTech Innovations |
| = | 31.71 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
SecureTech Innovations |
| = | 384.18 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
SecureTech Current Valuation vs Competition
SecureTech Innovations is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Auto Parts industry is at this time estimated at about 133.86 Billion. SecureTech Innovations adds roughly 384.18 Million in current valuation claiming only tiny portion of stocks in Auto Parts industry.
SecureTech Innovations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SecureTech Innovations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SecureTech Innovations will eventually generate negative long term returns. The profitability progress is the general direction of SecureTech Innovations' change in net profit over the period of time. It can combine multiple indicators of SecureTech Innovations, 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.
SecureTech Innovations, Inc. develops and markets personal and automobile security and safety devices and technologies in the United States. SecureTech Innovations, Inc. was incorporated in 2017 and is headquartered in Roseville, Minnesota. Securetech Innovations operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 2 people.
SecureTech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SecureTech Innovations. 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 SecureTech Innovations 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 SecureTech Innovations' important profitability drivers and their relationship over time.
Use SecureTech Innovations 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 SecureTech Innovations 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 SecureTech Innovations will appreciate offsetting losses from the drop in the long position's value.SecureTech Innovations Pair Trading
SecureTech Innovations Pair Trading Analysis
The ability to find closely correlated positions to SecureTech Innovations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SecureTech Innovations 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 SecureTech Innovations - 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 SecureTech Innovations to buy it.
The correlation of SecureTech Innovations 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 SecureTech Innovations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SecureTech Innovations 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 SecureTech Innovations 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 SecureTech Innovations position
In addition to having SecureTech Innovations 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 SecureTech Pink Sheet
To fully project SecureTech Innovations' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SecureTech Innovations 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 SecureTech Innovations' income statement, its balance sheet, and the statement of cash flows.