Neptune Digital Gross Profit vs. Number Of Shares Shorted
NDA Stock | CAD 1.23 0.10 8.85% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 10.6 K | Current Value 11.1 K | Quarterly Volatility 536.4 K |
For Neptune Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Neptune Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Neptune Digital Assets utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Neptune Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Neptune Digital Assets over time as well as its relative position and ranking within its peers.
Neptune |
Neptune Digital Assets Number Of Shares Shorted vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Neptune Digital's current stock value. Our valuation model uses many indicators to compare Neptune Digital value to that of its competitors to determine the firm's financial worth. Neptune Digital Assets is considered to be number one stock in gross profit category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers making about 0.56 of Number Of Shares Shorted per Gross Profit. The ratio of Gross Profit to Number Of Shares Shorted for Neptune Digital Assets is roughly 1.80 . At this time, Neptune Digital's Gross Profit is fairly stable compared to the past year. 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 Neptune Digital's earnings, one of the primary drivers of an investment's value.Neptune Number Of Shares Shorted vs. Gross Profit
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.
Neptune Digital |
| = | 3.8 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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Neptune Digital |
| = | 2.11 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Neptune Number Of Shares Shorted Comparison
Neptune Digital is currently under evaluation in number of shares shorted category among its peers.
Neptune Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Neptune Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Neptune Digital will eventually generate negative long term returns. The profitability progress is the general direction of Neptune Digital's change in net profit over the period of time. It can combine multiple indicators of Neptune Digital, 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 | ||
Net Loss | -24.2 M | -23 M | |
Net Interest Income | 857.3 K | 1 M | |
Interest Income | 857.3 K | 1 M | |
Operating Income | -2.4 M | -2.5 M | |
Net Loss | -4.6 M | -4.8 M | |
Income Before Tax | -4.6 M | -4.8 M | |
Total Other Income Expense Net | -2.9 M | -3 M | |
Net Loss | -5.9 M | -6.2 M | |
Change To Netincome | 17.7 M | 18.5 M | |
Net Loss | (0.05) | (0.05) | |
Income Quality | 0.60 | 0.63 |
Neptune Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Neptune Digital. 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 Neptune Digital 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 Neptune Digital's important profitability drivers and their relationship over time.
Use Neptune Digital 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 Neptune Digital 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 Neptune Digital will appreciate offsetting losses from the drop in the long position's value.Neptune Digital Pair Trading
Neptune Digital Assets Pair Trading Analysis
The ability to find closely correlated positions to Neptune Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neptune Digital 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 Neptune Digital - 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 Neptune Digital Assets to buy it.
The correlation of Neptune Digital 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 Neptune Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neptune Digital Assets 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 Neptune Digital 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 Neptune Digital position
In addition to having Neptune Digital 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Additional Tools for Neptune Stock Analysis
When running Neptune Digital's price analysis, check to measure Neptune Digital'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 Neptune Digital is operating at the current time. Most of Neptune Digital's value examination focuses on studying past and present price action to predict the probability of Neptune Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neptune Digital's price. Additionally, you may evaluate how the addition of Neptune Digital to your portfolios can decrease your overall portfolio volatility.