Strait Innovation Current Valuation vs. Shares Outstanding

300300 Stock   3.19  0.05  1.59%   
Considering Strait Innovation's profitability and operating efficiency indicators, Strait Innovation Internet may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Strait Innovation's ability to earn profits and add value for shareholders.
For Strait Innovation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strait Innovation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strait Innovation Internet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strait Innovation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strait Innovation Internet over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Strait Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strait Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strait Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Strait Innovation Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Strait Innovation's current stock value. Our valuation model uses many indicators to compare Strait Innovation value to that of its competitors to determine the firm's financial worth.
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Strait Innovation Internet is the top company in current valuation category among its peers. It also is number one stock in shares outstanding category among its peers creating about  0.26  of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Strait Innovation Internet is roughly  3.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Strait Innovation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Strait Innovation'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.

Strait Current Valuation vs. Competition

Strait Innovation Internet is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 76.59 Billion. Strait Innovation holds roughly 2.59 Billion in current valuation claiming about 3% of equities under Information Technology industry.
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Strait Shares Outstanding vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Strait Innovation

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.59 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Strait Innovation

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
666.85 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Strait Shares Outstanding Comparison

Strait Innovation is currently under evaluation in shares outstanding category among its peers.

Strait Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Strait Innovation. 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 Strait Innovation 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 Strait Innovation's important profitability drivers and their relationship over time.

Use Strait Innovation 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 Strait Innovation 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 Strait Innovation will appreciate offsetting losses from the drop in the long position's value.

Strait Innovation Pair Trading

Strait Innovation Internet Pair Trading Analysis

The ability to find closely correlated positions to Strait Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strait Innovation 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 Strait Innovation - 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 Strait Innovation Internet to buy it.
The correlation of Strait Innovation 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 Strait Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strait Innovation 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 Strait Innovation 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Strait Innovation position

In addition to having Strait Innovation 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 Stores Thematic Idea Now

Stores
Stores Theme
Companies providing different types of retail and wholesale services. The Stores theme has 43 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 Stores Theme or any other thematic opportunities.
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Other Information on Investing in Strait Stock

To fully project Strait Innovation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Strait Innovation 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 Strait Innovation's income statement, its balance sheet, and the statement of cash flows.
Potential Strait Innovation investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Strait Innovation investors may work on each financial statement separately, they are all related. The changes in Strait Innovation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Strait Innovation's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.