Catena Media Price To Earning vs. Net Income
| CTM Stock | SEK 4.10 0.08 1.91% |
For Catena Media profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Catena Media to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Catena Media plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Catena Media's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Catena Media plc over time as well as its relative position and ranking within its peers.
Catena |
Catena Media plc Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Catena Media's current stock value. Our valuation model uses many indicators to compare Catena Media value to that of its competitors to determine the firm's financial worth. Catena Media plc is rated fourth in price to earning category among its peers. It is rated below average in net income category among its peers . 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 Catena Media's earnings, one of the primary drivers of an investment's value.Catena Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Catena Media |
| = | 121.64 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Catena Media |
| = | (7.17 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.
Catena Net Income Comparison
Catena Media is currently under evaluation in net income category among its peers.
Catena Media Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Catena Media, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Catena Media will eventually generate negative long term returns. The profitability progress is the general direction of Catena Media's change in net profit over the period of time. It can combine multiple indicators of Catena Media, 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.
Catena Media plc, together with its subsidiaries, owns and develops Websites serving customers in the iGaming and finance markets. Catena Media plc was founded in 2008 and is headquartered in Gzira, Malta. Catena Media operates under Gambling classification in Sweden and is traded on Stockholm Stock Exchange. It employs 379 people.
Catena Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Catena Media. 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 Catena Media 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 Catena Media's important profitability drivers and their relationship over time.
Use Catena Media 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 Catena Media 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 Catena Media will appreciate offsetting losses from the drop in the long position's value.Catena Media Pair Trading
Catena Media plc Pair Trading Analysis
The ability to find closely correlated positions to Catena Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Catena Media 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 Catena Media - 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 Catena Media plc to buy it.
The correlation of Catena Media 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 Catena Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Catena Media plc 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 Catena Media 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 Catena Media position
In addition to having Catena Media 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 37 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 Market Neutral Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Catena Stock Analysis
When running Catena Media's price analysis, check to measure Catena Media'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 Catena Media is operating at the current time. Most of Catena Media's value examination focuses on studying past and present price action to predict the probability of Catena Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Catena Media's price. Additionally, you may evaluate how the addition of Catena Media to your portfolios can decrease your overall portfolio volatility.