On4 Communications Net Income vs. Price To Sales
ONCI Stock | USD 0.0001 0.00 0.00% |
For On4 Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of On4 Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well On4 Communications utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between On4 Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of On4 Communications over time as well as its relative position and ranking within its peers.
On4 |
On4 Communications Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining On4 Communications's current stock value. Our valuation model uses many indicators to compare On4 Communications value to that of its competitors to determine the firm's financial worth. On4 Communications is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in price to sales category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value On4 Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for On4 Communications' 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.On4 Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
On4 Communications |
| = | (1.2 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of 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.
On4 Communications |
| = | 2.51 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.
On4 Price To Sales Comparison
On4 Communications is currently under evaluation in price to sales category among its peers.
On4 Communications Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in On4 Communications, profitability is also one of the essential criteria for including it into their portfolios because, without profit, On4 Communications will eventually generate negative long term returns. The profitability progress is the general direction of On4 Communications' change in net profit over the period of time. It can combine multiple indicators of On4 Communications, 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.
On4 Communications, Inc., a development stage company, provides wireless communications services to telecommunication companies, consumers, and businesses. On4 Communications, Inc. was founded in 2009 and is based in Roslyn, New York. On4 Communications is traded on OTC Exchange in the United States.
On4 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on On4 Communications. 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 On4 Communications 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 On4 Communications' important profitability drivers and their relationship over time.
Use On4 Communications 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 On4 Communications 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 On4 Communications will appreciate offsetting losses from the drop in the long position's value.On4 Communications Pair Trading
On4 Communications Pair Trading Analysis
The ability to find closely correlated positions to On4 Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace On4 Communications 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 On4 Communications - 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 On4 Communications to buy it.
The correlation of On4 Communications 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 On4 Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if On4 Communications 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 On4 Communications 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 On4 Communications position
In addition to having On4 Communications 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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ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 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 ISP Theme or any other thematic opportunities.
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Other Information on Investing in On4 Pink Sheet
To fully project On4 Communications' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of On4 Communications 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 On4 Communications' income statement, its balance sheet, and the statement of cash flows.