Newtek Business Beta vs. Revenue
Based on Newtek Business' profitability indicators, Newtek Business Services may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Newtek Business' ability to earn profits and add value for shareholders.
Check out Correlation 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 signals in estimate.
For Newtek Business profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newtek Business to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newtek Business Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newtek Business's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newtek Business Services over time as well as its relative position and ranking within its peers.
Newtek |
Newtek Business Services Revenue vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Newtek Business's current stock value. Our valuation model uses many indicators to compare Newtek Business value to that of its competitors to determine the firm's financial worth. Newtek Business Services is considered to be number one stock in beta category among its peers. It is regarded third in revenue category among its peers totaling about 204,142,742 of Revenue per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Newtek Business 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.Newtek Revenue vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Newtek Business |
| = | 1.24 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Newtek Business |
| = | 253.14 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Newtek Revenue vs Competition
Newtek Business Services is regarded third in revenue category among its peers. Market size based on revenue of Trading industry is now estimated at about 34.6 Billion. Newtek Business maintains roughly 253.14 Million in revenue contributing less than 1% to equities listed under Trading industry.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Newtek Business will likely underperform.
Newtek Business Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Newtek Business, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newtek Business will eventually generate negative long term returns. The profitability progress is the general direction of Newtek Business' change in net profit over the period of time. It can combine multiple indicators of Newtek Business, 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.
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Lake Success, New York with additional offices in Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. Newtek Business is traded on BATS Exchange in USA.
Newtek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Newtek Business. 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 Newtek Business 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 Newtek Business' important profitability drivers and their relationship over time.
Use Newtek Business 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 Newtek Business 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 Newtek Business will appreciate offsetting losses from the drop in the long position's value.Newtek Business Pair Trading
Newtek Business Services Pair Trading Analysis
The ability to find closely correlated positions to Newtek Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newtek Business 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 Newtek Business - 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 Newtek Business Services to buy it.
The correlation of Newtek Business 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 Newtek Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newtek Business Services 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 Newtek Business 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 Newtek Business position
In addition to having Newtek Business 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation 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 signals in estimate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Newtek Stock
If you are still planning to invest in Newtek Business Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newtek Business' history and understand the potential risks before investing.
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