Dmg Blockchain Return On Asset vs. Current Valuation
| DMGI Stock | CAD 0.47 0.03 6.82% |
For Dmg Blockchain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dmg Blockchain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dmg Blockchain Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dmg Blockchain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dmg Blockchain Solutions over time as well as its relative position and ranking within its peers.
Dmg |
Dmg Blockchain Solutions Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dmg Blockchain's current stock value. Our valuation model uses many indicators to compare Dmg Blockchain value to that of its competitors to determine the firm's financial worth. Dmg Blockchain Solutions is one of the top stocks in return on asset category among its peers. It is rated # 4 in current valuation 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 Dmg Blockchain's earnings, one of the primary drivers of an investment's value.Dmg Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Dmg Blockchain |
| = | -0.0727 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Dmg Blockchain |
| = | 91.77 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.
Dmg Current Valuation vs Competition
Dmg Blockchain Solutions is rated # 4 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 9.29 Billion. Dmg Blockchain maintains roughly 91.77 Million in current valuation contributing less than 1% to equities under Financials industry.
Dmg Blockchain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dmg Blockchain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dmg Blockchain will eventually generate negative long term returns. The profitability progress is the general direction of Dmg Blockchain's change in net profit over the period of time. It can combine multiple indicators of Dmg Blockchain, 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 | ||
| Accumulated Other Comprehensive Income | 171.4 K | 162.8 K | |
| Operating Income | -17.4 M | -16.6 M | |
| Income Before Tax | -14.8 M | -14.1 M | |
| Net Loss | -14.8 M | -14.1 M | |
| Total Other Income Expense Net | 2.8 M | 2.9 M | |
| Net Interest Income | 395.1 K | 414.9 K | |
| Interest Income | 582.6 K | 611.7 K | |
| Net Loss | -14.8 M | -15.6 M | |
| Net Loss | -15.3 M | -14.5 M | |
| Income Tax Expense | 187.2 K | 196.5 K | |
| Change To Netincome | 18.7 M | 19.7 M | |
| Net Loss | (0.02) | (0.03) | |
| Income Quality | 0.10 | 0.10 | |
| Net Income Per E B T | 0.90 | 0.74 |
Dmg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dmg Blockchain. 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 Dmg Blockchain 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 Dmg Blockchain's important profitability drivers and their relationship over time.
Use Dmg Blockchain 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 Dmg Blockchain 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 Dmg Blockchain will appreciate offsetting losses from the drop in the long position's value.Dmg Blockchain Pair Trading
Dmg Blockchain Solutions Pair Trading Analysis
The ability to find closely correlated positions to Dmg Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dmg Blockchain 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 Dmg Blockchain - 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 Dmg Blockchain Solutions to buy it.
The correlation of Dmg Blockchain 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 Dmg Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dmg Blockchain Solutions 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 Dmg Blockchain 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 Dmg Blockchain position
In addition to having Dmg Blockchain 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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Additional Tools for Dmg Stock Analysis
When running Dmg Blockchain's price analysis, check to measure Dmg Blockchain'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 Dmg Blockchain is operating at the current time. Most of Dmg Blockchain's value examination focuses on studying past and present price action to predict the probability of Dmg Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dmg Blockchain's price. Additionally, you may evaluate how the addition of Dmg Blockchain to your portfolios can decrease your overall portfolio volatility.