Thunderbird Entertainment Return On Equity vs. Price To Earning
| THBRF Stock | USD 1.27 0.02 1.55% |
For Thunderbird Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thunderbird Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thunderbird Entertainment Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thunderbird Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thunderbird Entertainment Group over time as well as its relative position and ranking within its peers.
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Thunderbird Entertainment Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thunderbird Entertainment's current stock value. Our valuation model uses many indicators to compare Thunderbird Entertainment value to that of its competitors to determine the firm's financial worth. Thunderbird Entertainment Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in price to earning category among its peers reporting about 1,833 of Price To Earning per Return On Equity. 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 Thunderbird Entertainment's earnings, one of the primary drivers of an investment's value.Thunderbird Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0263 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
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| = | 48.20 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.
Thunderbird Price To Earning Comparison
Thunderbird Entertainment is currently under evaluation in price to earning category among its peers.
Thunderbird Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thunderbird Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thunderbird Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of Thunderbird Entertainment's change in net profit over the period of time. It can combine multiple indicators of Thunderbird 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.
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs in Canada, the United States, Denmark, the Republic of Ireland, and internationally. Thunderbird Entertainment Group Inc. is headquartered in Vancouver, Canada. THUNDERBIRD ENTERTAINMENT is traded on OTC Exchange in the United States.
Thunderbird Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thunderbird 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 Thunderbird 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 Thunderbird Entertainment's important profitability drivers and their relationship over time.
Use Thunderbird 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 Thunderbird 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 Thunderbird Entertainment will appreciate offsetting losses from the drop in the long position's value.Thunderbird Entertainment Pair Trading
Thunderbird Entertainment Group Pair Trading Analysis
The ability to find closely correlated positions to Thunderbird 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 Thunderbird 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 Thunderbird 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 Thunderbird Entertainment Group to buy it.
The correlation of Thunderbird 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 Thunderbird Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thunderbird 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 Thunderbird 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 Thunderbird Entertainment position
In addition to having Thunderbird 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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Other Information on Investing in Thunderbird OTC Stock
To fully project Thunderbird Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thunderbird 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 Thunderbird Entertainment's income statement, its balance sheet, and the statement of cash flows.