Nexgram Holdings Revenue vs. Price To Sales
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For Nexgram Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexgram Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexgram Holdings Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexgram Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexgram Holdings Bhd over time as well as its relative position and ranking within its peers.
Nexgram |
Nexgram Holdings Bhd Price To Sales vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nexgram Holdings's current stock value. Our valuation model uses many indicators to compare Nexgram Holdings value to that of its competitors to determine the firm's financial worth. Nexgram Holdings Bhd is rated below average in revenue category among its peers. It is rated below average in price to sales category among its peers . The ratio of Revenue to Price To Sales for Nexgram Holdings Bhd is about 33,931,809 . 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 Nexgram Holdings' earnings, one of the primary drivers of an investment's value.Nexgram Revenue vs. Competition
Nexgram Holdings Bhd is rated below average in revenue category among its peers. Market size based on revenue of Software industry is presently estimated at about 14.67 Billion. Nexgram Holdings adds roughly 31.02 Million in revenue claiming only tiny portion of equities listed under Software industry.
Nexgram Price To Sales 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.
Nexgram Holdings |
| = | 31.02 M |
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.
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.
Nexgram Holdings |
| = | 0.91 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.
Nexgram Price To Sales Comparison
Nexgram Holdings is rated below average in price to sales category among its peers.
Nexgram Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nexgram Holdings. 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 Nexgram Holdings 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 Nexgram Holdings' important profitability drivers and their relationship over time.
Use Nexgram Holdings 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 Nexgram Holdings 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 Nexgram Holdings will appreciate offsetting losses from the drop in the long position's value.Nexgram Holdings Pair Trading
Nexgram Holdings Bhd Pair Trading Analysis
The ability to find closely correlated positions to Nexgram Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexgram Holdings 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 Nexgram Holdings - 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 Nexgram Holdings Bhd to buy it.
The correlation of Nexgram Holdings 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 Nexgram Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexgram Holdings Bhd 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 Nexgram Holdings 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 Nexgram Holdings position
In addition to having Nexgram Holdings 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 Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment 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 Electrical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Nexgram Stock
To fully project Nexgram Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nexgram Holdings Bhd 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 Nexgram Holdings' income statement, its balance sheet, and the statement of cash flows.