Western Superconducting Revenue vs. Net Income
| 688122 Stock | 43.83 0.17 0.39% |
Total Revenue | First Reported 2019-06-30 | Previous Quarter 793.6 M | Current Value 1.2 B | Quarterly Volatility 298.8 M |
For Western Superconducting profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Superconducting to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Superconducting Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Superconducting's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Superconducting Tech over time as well as its relative position and ranking within its peers.
Western |
Western Superconducting Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Western Superconducting's current stock value. Our valuation model uses many indicators to compare Western Superconducting value to that of its competitors to determine the firm's financial worth. Western Superconducting Tech is the top company in revenue category among its peers. It also is number one stock in net income category among its peers making up about 0.18 of Net Income per Revenue. The ratio of Revenue to Net Income for Western Superconducting Tech is roughly 5.52 . At present, Western Superconducting's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Superconducting by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Superconducting'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.Western Revenue vs. Competition
Western Superconducting Tech is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 99.11 Billion. Western Superconducting holds roughly 4.16 Billion in revenue claiming about 4% of equities under Industrials industry.
Western Net Income 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.
Western Superconducting |
| = | 4.16 B |
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.
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.
Western Superconducting |
| = | 753.24 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.
Western Net Income Comparison
Western Superconducting is currently under evaluation in net income category among its peers.
Western Superconducting Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Western Superconducting, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Superconducting will eventually generate negative long term returns. The profitability progress is the general direction of Western Superconducting's change in net profit over the period of time. It can combine multiple indicators of Western Superconducting, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -50.3 M | -52.8 M | |
| Interest Income | 17.7 M | 10 M | |
| Operating Income | 903.8 M | 623.3 M | |
| Net Income From Continuing Ops | 764.6 M | 490.2 M | |
| Income Before Tax | 868.1 M | 555.3 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.3 B | |
| Net Income | 753.2 M | 486.7 M | |
| Income Tax Expense | 163.5 M | 171.7 M | |
| Change To Netincome | 57.2 M | 58.2 M |
Western Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Western Superconducting. 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 Western Superconducting 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 Western Superconducting's important profitability drivers and their relationship over time.
Use Western Superconducting 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 Western Superconducting 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 Western Superconducting will appreciate offsetting losses from the drop in the long position's value.Western Superconducting Pair Trading
Western Superconducting Tech Pair Trading Analysis
The ability to find closely correlated positions to Western Superconducting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Superconducting 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 Western Superconducting - 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 Western Superconducting Tech to buy it.
The correlation of Western Superconducting 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 Western Superconducting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Superconducting 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 Western Superconducting 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 Western Superconducting position
In addition to having Western Superconducting 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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Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 48 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 Marketing Theme or any other thematic opportunities.
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Other Information on Investing in Western Stock
To fully project Western Superconducting's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Superconducting 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 Western Superconducting's income statement, its balance sheet, and the statement of cash flows.