DRA Global Current Valuation vs. Gross Profit
| DRA Stock | 2,201 174.00 7.33% |
For DRA Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DRA Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DRA Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DRA Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DRA Global over time as well as its relative position and ranking within its peers.
DRA |
DRA Global Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DRA Global's current stock value. Our valuation model uses many indicators to compare DRA Global value to that of its competitors to determine the firm's financial worth. DRA Global is rated below average in current valuation category among its peers. It also is rated below average in gross profit category among its peers fabricating about 0.63 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for DRA Global is roughly 1.58 . 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 DRA Global's earnings, one of the primary drivers of an investment's value.DRA Current Valuation vs. Competition
DRA Global is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Engineering & Construction industry is currently estimated at about 3.86 Trillion. DRA Global adds roughly 325.72 Million in current valuation claiming only tiny portion of equities under Engineering & Construction industry.
DRA Gross Profit 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.
DRA Global |
| = | 325.72 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
DRA Global |
| = | 206.07 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
DRA Gross Profit Comparison
DRA Global is rated below average in gross profit category among its peers.
DRA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DRA Global. 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 DRA Global 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 DRA Global's important profitability drivers and their relationship over time.
Use DRA Global 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 DRA Global 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 DRA Global will appreciate offsetting losses from the drop in the long position's value.DRA Global Pair Trading
DRA Global Pair Trading Analysis
The ability to find closely correlated positions to DRA Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRA Global 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 DRA Global - 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 DRA Global to buy it.
The correlation of DRA Global 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 DRA Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRA Global 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 DRA Global 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 DRA Global position
In addition to having DRA Global 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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Disruptive Technologies
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Other Information on Investing in DRA Stock
To fully project DRA Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DRA Global 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 DRA Global's income statement, its balance sheet, and the statement of cash flows.