Connecticut Light Return On Equity vs. Revenue

CNLTL Stock  USD 31.75  0.26  0.81%   
Based on Connecticut Light's profitability indicators, The Connecticut Light 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 Connecticut Light's ability to earn profits and add value for shareholders.
For Connecticut Light profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Connecticut Light to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Connecticut Light utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Connecticut Light's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Connecticut Light 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 Connecticut Light's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connecticut Light is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connecticut Light'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.

Connecticut Light Revenue vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Connecticut Light's current stock value. Our valuation model uses many indicators to compare Connecticut Light value to that of its competitors to determine the firm's financial worth.
The Connecticut Light is rated third in return on equity category among its peers. It is rated fourth in revenue category among its peers totaling about  46,996,039,795  of Revenue per Return On Equity. 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 Connecticut Light's earnings, one of the primary drivers of an investment's value.

Connecticut Revenue vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Connecticut Light

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0977
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

Connecticut Light

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
4.59 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.

Connecticut Revenue vs Competition

The Connecticut Light is rated fourth in revenue category among its peers. Market size based on revenue of Utilities—Regulated Electric industry is currently estimated at about 91.93 Trillion. Connecticut Light adds roughly 4.59 Billion in revenue claiming only tiny portion of Utilities—Regulated Electric industry.

Connecticut Light Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Connecticut Light, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Connecticut Light will eventually generate negative long term returns. The profitability progress is the general direction of Connecticut Light's change in net profit over the period of time. It can combine multiple indicators of Connecticut Light, 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.
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Connecticut Light is traded on OTC Exchange in the United States.

Connecticut Profitability Driver Comparison

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

Use Connecticut Light 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 Connecticut Light 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 Connecticut Light will appreciate offsetting losses from the drop in the long position's value.

Connecticut Light Pair Trading

The Connecticut Light Pair Trading Analysis

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

In addition to having Connecticut Light 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.

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Run Services Thematic Idea Now

Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Other Information on Investing in Connecticut Pink Sheet

To fully project Connecticut Light's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Connecticut Light 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 Connecticut Light's income statement, its balance sheet, and the statement of cash flows.
Potential Connecticut Light investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Connecticut Light investors may work on each financial statement separately, they are all related. The changes in Connecticut Light's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Connecticut Light'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.