Snipp Interactive Net Income vs. Number of Employees
| SNIPF Stock | USD 0.06 0 3.13% |
For Snipp Interactive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Snipp Interactive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Snipp Interactive utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Snipp Interactive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Snipp Interactive over time as well as its relative position and ranking within its peers.
Snipp |
Snipp Interactive Number of Employees vs. Net Income Fundamental Analysis
Snipp Number of Employees vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Snipp Interactive |
| = | 2.13 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Snipp Interactive | = | null |
Use Snipp Interactive 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 Snipp Interactive 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 Snipp Interactive will appreciate offsetting losses from the drop in the long position's value.Snipp Interactive Pair Trading
Snipp Interactive Pair Trading Analysis
The ability to find closely correlated positions to Snipp Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snipp Interactive 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 Snipp Interactive - 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 Snipp Interactive to buy it.
The correlation of Snipp Interactive 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 Snipp Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snipp Interactive 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 Snipp Interactive 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 Snipp Interactive position
In addition to having Snipp Interactive 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?
Run Entertainment Thematic Idea Now
Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Snipp Pink Sheet
To fully project Snipp Interactive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Snipp Interactive 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 Snipp Interactive's income statement, its balance sheet, and the statement of cash flows.