Cannabiz Mobile Market Capitalization vs. Earnings Per Share
Based on the measurements of profitability obtained from Cannabiz Mobile's financial statements, Cannabiz Mobile 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 Cannabiz Mobile's ability to earn profits and add value for shareholders.
Check out Correlation Analysis.
For Cannabiz Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cannabiz Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cannabiz Mobile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cannabiz Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cannabiz Mobile over time as well as its relative position and ranking within its peers.
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Cannabiz Mobile Earnings Per Share vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cannabiz Mobile's current stock value. Our valuation model uses many indicators to compare Cannabiz Mobile value to that of its competitors to determine the firm's financial worth. Cannabiz Mobile is rated second overall in market capitalization category among its peers. It also is rated second overall in earnings per share category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cannabiz Mobile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cannabiz Mobile's 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.Cannabiz Market Capitalization vs. Competition
Cannabiz Mobile is rated second overall in market capitalization category among its peers. Market capitalization of Health Information Services industry is now estimated at about 121.43 Billion. Cannabiz Mobile adds roughly 105 in market capitalization claiming only tiny portion of equities under Health Information Services industry.
Cannabiz Earnings Per Share 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.
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| = | 105 |
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.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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| = | (0.22) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Cannabiz Earnings Per Share Comparison
Cannabiz Mobile is currently under evaluation in earnings per share category among its peers.
Cannabiz Mobile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cannabiz Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cannabiz Mobile will eventually generate negative long term returns. The profitability progress is the general direction of Cannabiz Mobile's change in net profit over the period of time. It can combine multiple indicators of Cannabiz Mobile, 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.
Cannabiz Mobile, Inc. operates as a mobile media and marketing company for businesses in the medical marijuana industry primarily in the United States and Canada. The company was formerly known as Lion Gold Brazil, Inc. and changed its name to Cannabiz Mobile, Inc. in June 2014. Cannabiz Mobile operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 9 people.
Cannabiz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cannabiz Mobile. 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 Cannabiz Mobile 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 Cannabiz Mobile's important profitability drivers and their relationship over time.
Use Cannabiz Mobile 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 Cannabiz Mobile 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 Cannabiz Mobile will appreciate offsetting losses from the drop in the long position's value.Cannabiz Mobile Pair Trading
Cannabiz Mobile Pair Trading Analysis
The ability to find closely correlated positions to Cannabiz Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannabiz Mobile 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 Cannabiz Mobile - 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 Cannabiz Mobile to buy it.
The correlation of Cannabiz Mobile 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 Cannabiz Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannabiz Mobile 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 Cannabiz Mobile 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 Cannabiz Mobile position
In addition to having Cannabiz Mobile 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 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 Real Estate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Cannabiz Pink Sheet
To fully project Cannabiz Mobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cannabiz Mobile 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 Cannabiz Mobile's income statement, its balance sheet, and the statement of cash flows.