By analyzing existing basic indicators between Tomtom NV and Snowflake, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Snowflake with a short position in Tomtom NV. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Tomtom NV has an asset utilization ratio of 30.5 percent. This indicates that the company is making $0.3 for each dollar of assets. An increasing asset utilization means that Tomtom NV Amsterdam is more efficient with each dollar of assets it utilizes for everyday operations.
Investment perspective, in general, refers to a viewpoint or opinion regarding investment opportunity in TomTom NV. It encompasses the assessment of an investment's potential risks and rewards, and expectations for its
performance over time. Several factors influence the investment perspective on TomTom NV, including investment goals, risk tolerance, time horizon, market conditions, and research and analysis. Investors have varying goals, such as capital preservation, income generation, or long-term growth. Risk tolerance plays a significant role in shaping an investor's perspective, with some being more risk-averse and others willing to take on higher risks for potential returns.
How important is TomTom NV's Liquidity
TomTom NV
financial leverage refers to using borrowed capital as a funding source to finance TomTom NV ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TomTom NV financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TomTom NV's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TomTom NV's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between TomTom NV's total debt and its cash.
Breaking down TomTom NV Indicators
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.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Lets now check Tomtom NV revenue. Based on the latest financial disclosure, Tomtom NV Amsterdam reported 517.2
M of revenue. This is 87.31% lower than that of the Technology sector and significantly higher than that of the
Software—Application industry. The revenue for all United States stocks is 94.52% higher than that of the firm. As for Snowflake Inc we see revenue of 1.03
B, which is much higher than that of the Software—Application
| Tomtom | 517.2 Million |
| Sector | 0.0 |
| Snowflake | 1.03 Billion |
Tomtom NV possible correction in March
Latest market risk adjusted performance is at 10.29. Tomtom NV Amsterdam shows above-average downside volatility for the selected time horizon. We advise investors to inspect Tomtom NV Amsterdam further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Tomtom NV future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tomtom NV's otc stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tomtom NV's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Tomtom NV Implied Volatility
Tomtom NV's implied volatility exposes the market's sentiment of Tomtom NV Amsterdam stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tomtom NV's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tomtom NV stock will not fluctuate a lot when Tomtom NV's options are near their expiration.
Our Conclusion on Tomtom NV
Although some firms within the software—application industry are still a little expensive, even after the recent corrections, Tomtom NV may offer a potential longer-term growth to shareholders. To sum up, as of the 4th of February 2022, our analysis shows that Tomtom NV barely shadows the market. The firm is
overvalued and projects
very small odds of financial distress for the next 2 years. Our concluding 90 days recommendation on the firm is
Sell.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of TomTom NV. Please refer to our
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