Independent Film Market Capitalization vs. Shares Outstanding
Taking into consideration Independent Film's profitability measurements, Independent Film Development may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Independent Film's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis.
For Independent Film profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Independent Film to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Independent Film Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Independent Film's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Independent Film Development over time as well as its relative position and ranking within its peers.
Independent |
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Film. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Film listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.56 | Return On Assets (11.44) |
The market value of Independent Film Dev is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Film's value that differs from its market value or its book value, called intrinsic value, which is Independent Film's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Film's market value can be influenced by many factors that don't directly affect Independent Film's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Film's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Film is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Film'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.
Independent Film Dev Shares Outstanding vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Independent Film's current stock value. Our valuation model uses many indicators to compare Independent Film value to that of its competitors to determine the firm's financial worth. Independent Film Development is rated below average in market capitalization category among its peers. It is currently regarded as number one stock in shares outstanding category among its peers creating about 10,000 of Shares Outstanding per Market Capitalization. Comparative valuation analysis is a catch-all technique that is used if you cannot value Independent Film by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Independent Market Capitalization vs. Competition
Independent Film Development is rated below average in market capitalization category among its peers. Market capitalization of Communication Services industry is currently estimated at about 98.69 Billion. Independent Film adds roughly 58,586 in market capitalization claiming only tiny portion of stocks in Communication Services industry.
Independent Shares Outstanding vs. Market Capitalization
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.
Independent Film |
| = | 58.59 K |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Independent Film |
| = | 585.87 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Independent Shares Outstanding Comparison
Independent Film is currently under evaluation in shares outstanding category among its peers.
Independent Film Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Independent Film, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Independent Film will eventually generate negative long term returns. The profitability progress is the general direction of Independent Film's change in net profit over the period of time. It can combine multiple indicators of Independent Film, 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 | ||
| Operating Income | -427.3 K | -448.7 K | |
| Net Loss | -4.7 M | -4.4 M | |
| Income Before Tax | -4.7 M | -4.4 M | |
| Total Other Income Expense Net | -4.3 M | -4.1 M | |
| Net Loss | -4.7 M | -4.4 M | |
| Net Loss | -4.7 M | -4.4 M | |
| Change To Netincome | 5.3 M | 5.5 M |
Independent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Independent Film. 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 Independent Film 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 Independent Film's important profitability drivers and their relationship over time.
Use Independent Film 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 Independent Film 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 Independent Film will appreciate offsetting losses from the drop in the long position's value.Independent Film Pair Trading
Independent Film Development Pair Trading Analysis
The ability to find closely correlated positions to Independent Film could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Film 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 Independent Film - 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 Independent Film Development to buy it.
The correlation of Independent Film 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 Independent Film moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Film Dev 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 Independent Film 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 Independent Film position
In addition to having Independent Film 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 Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 173 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 Latest Gainers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
To fully project Independent Film's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Independent Film Dev 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 Independent Film's income statement, its balance sheet, and the statement of cash flows.