Checkin Group Current Valuation vs. Revenue
| CHECK Stock | 14.35 0.60 4.01% |
For Checkin Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Checkin Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Checkin Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Checkin Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Checkin Group AB over time as well as its relative position and ranking within its peers.
Checkin |
Checkin Group AB Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Checkin Group's current stock value. Our valuation model uses many indicators to compare Checkin Group value to that of its competitors to determine the firm's financial worth. Checkin Group AB is rated fourth in current valuation category among its peers. It is rated fifth in revenue category among its peers totaling about 0.04 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Checkin Group AB is roughly 25.37 . 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 Checkin Group's earnings, one of the primary drivers of an investment's value.Checkin Revenue 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.
Checkin Group |
| = | 985.81 M |
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.
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.
Checkin Group |
| = | 38.86 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.
Checkin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Checkin Group. 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 Checkin Group 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 Checkin Group's important profitability drivers and their relationship over time.
Use Checkin Group 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 Checkin Group 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 Checkin Group will appreciate offsetting losses from the drop in the long position's value.Checkin Group Pair Trading
Checkin Group AB Pair Trading Analysis
The ability to find closely correlated positions to Checkin Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Checkin Group 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 Checkin Group - 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 Checkin Group AB to buy it.
The correlation of Checkin Group 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 Checkin Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Checkin Group AB 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 Checkin Group 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 Checkin Group position
In addition to having Checkin Group 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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Additional Tools for Checkin Stock Analysis
When running Checkin Group's price analysis, check to measure Checkin Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Checkin Group is operating at the current time. Most of Checkin Group's value examination focuses on studying past and present price action to predict the probability of Checkin Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Checkin Group's price. Additionally, you may evaluate how the addition of Checkin Group to your portfolios can decrease your overall portfolio volatility.