Hub24 Price To Sales vs. Market Capitalization
Based on the key profitability measurements obtained from Hub24's financial statements, Hub24 may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess Hub24's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Please note, there is a significant difference between Hub24's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hub24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hub24'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.
For Hub24 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hub24 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hub24 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hub24's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hub24 over time as well as its relative position and ranking within its peers.
Hub24 |
Hub24 Market Capitalization vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hub24's current stock value. Our valuation model uses many indicators to compare Hub24 value to that of its competitors to determine the firm's financial worth. Hub24 is rated below average in price to sales category among its peers. It also is rated below average in market capitalization category among its peers creating about 328,012,786 of Market Capitalization per Price To Sales. 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 Hub24's earnings, one of the primary drivers of an investment's value.Hub24 Market Capitalization vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hub24 |
| = | 17.22 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Hub24 |
| = | 5.65 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Hub24 Market Capitalization vs Competition
Hub24 is rated below average in market capitalization category among its peers. Market capitalization of Financials industry is currently estimated at about 12.09 Billion. Hub24 totals roughly 5.65 Billion in market capitalization claiming about 47% of equities under Financials industry.
Hub24 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hub24. 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 Hub24 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 Hub24's important profitability drivers and their relationship over time.
Use Hub24 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 Hub24 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 Hub24 will appreciate offsetting losses from the drop in the long position's value.Hub24 Pair Trading
Hub24 Pair Trading Analysis
The ability to find closely correlated positions to Hub24 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hub24 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 Hub24 - 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 Hub24 to buy it.
The correlation of Hub24 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 Hub24 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hub24 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 Hub24 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 Hub24 position
In addition to having Hub24 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 Giant Impact Thematic Idea Now
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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 Giant Impact Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for Hub24 Stock
When running Hub24's price analysis, check to measure Hub24'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 Hub24 is operating at the current time. Most of Hub24's value examination focuses on studying past and present price action to predict the probability of Hub24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub24's price. Additionally, you may evaluate how the addition of Hub24 to your portfolios can decrease your overall portfolio volatility.
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