Good Vibrations EBITDA vs. Current Valuation
| GVSI Stock | USD 0 0.0003 9.68% |
For Good Vibrations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Good Vibrations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Good Vibrations Shoes utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Good Vibrations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Good Vibrations Shoes over time as well as its relative position and ranking within its peers.
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Good Vibrations Shoes Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Good Vibrations's current stock value. Our valuation model uses many indicators to compare Good Vibrations value to that of its competitors to determine the firm's financial worth. Good Vibrations Shoes is rated below average in ebitda category among its peers. It also is rated below average in current valuation category among its peers reporting about 2.71 of Current Valuation per EBITDA. Comparative valuation analysis is a catch-all model that can be used if you cannot value Good Vibrations by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Good Vibrations' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Good Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Good Vibrations |
| = | 235.62 K |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Good Vibrations |
| = | 638.83 K |
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.
Good Current Valuation vs Competition
Good Vibrations Shoes is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Footwear & Accessories industry is currently estimated at about 196.5 Billion. Good Vibrations adds roughly 638,826 in current valuation claiming only tiny portion of equities under Footwear & Accessories industry.
Good Vibrations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Good Vibrations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Good Vibrations will eventually generate negative long term returns. The profitability progress is the general direction of Good Vibrations' change in net profit over the period of time. It can combine multiple indicators of Good Vibrations, 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.
Good Vibrations Shoes Inc. does not have significant operations. Previously, the company, through its subsidiary, Long Beard Brewing Company, operated craft or micro brewery in Long Island, New York. Good Vibrations is traded on OTC Exchange in the United States.
Good Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Good Vibrations. 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 Good Vibrations 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 Good Vibrations' important profitability drivers and their relationship over time.
Use Good Vibrations 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 Good Vibrations 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 Good Vibrations will appreciate offsetting losses from the drop in the long position's value.Good Vibrations Pair Trading
Good Vibrations Shoes Pair Trading Analysis
The ability to find closely correlated positions to Good Vibrations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Good Vibrations 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 Good Vibrations - 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 Good Vibrations Shoes to buy it.
The correlation of Good Vibrations 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 Good Vibrations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Good Vibrations Shoes 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 Good Vibrations 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 Good Vibrations position
In addition to having Good Vibrations 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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Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 constituents at this time.
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Other Information on Investing in Good Pink Sheet
To fully project Good Vibrations' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Good Vibrations Shoes 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 Good Vibrations' income statement, its balance sheet, and the statement of cash flows.