Nala Digital Price To Sales vs. Beta
| SEFA Stock | ILS 580.00 13.10 2.21% |
For Nala Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nala Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nala Digital Commerce utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nala Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nala Digital Commerce over time as well as its relative position and ranking within its peers.
Nala |
Nala Digital Commerce Beta vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nala Digital's current stock value. Our valuation model uses many indicators to compare Nala Digital value to that of its competitors to determine the firm's financial worth. Nala Digital Commerce is currently regarded as top stock in price to sales category among its peers. It also is currently regarded as top stock in beta category among its peers totaling about 0.01 of Beta per Price To Sales. The ratio of Price To Sales to Beta for Nala Digital Commerce is roughly 81.83 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nala Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nala Digital's Stock. 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.Nala Beta 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.
Nala Digital |
| = | 34.83 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Nala Digital |
| = | 0.43 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Nala Beta Comparison
Nala Digital is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Nala Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nala Digital is expected to be smaller as well.
Nala Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nala Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nala Digital will eventually generate negative long term returns. The profitability progress is the general direction of Nala Digital's change in net profit over the period of time. It can combine multiple indicators of Nala Digital, 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.
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Nala Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nala Digital. 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 Nala Digital 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 Nala Digital's important profitability drivers and their relationship over time.
Use Nala Digital 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 Nala Digital 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 Nala Digital will appreciate offsetting losses from the drop in the long position's value.Nala Digital Pair Trading
Nala Digital Commerce Pair Trading Analysis
The ability to find closely correlated positions to Nala Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nala Digital 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 Nala Digital - 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 Nala Digital Commerce to buy it.
The correlation of Nala Digital 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 Nala Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nala Digital Commerce 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 Nala Digital 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 Nala Digital position
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Other Information on Investing in Nala Stock
To fully project Nala Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nala Digital Commerce 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 Nala Digital's income statement, its balance sheet, and the statement of cash flows.