PLMIW Old Beta vs. EBITDA
Based on the measurements of profitability obtained from PLMIW Old's financial statements, PLMIW Old may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess PLMIW Old's ability to earn profits and add value for shareholders.
Check out Your Equity Center 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 gross domestic product.
Please note, there is a significant difference between PLMIW Old's value and its price as these two are different measures arrived at by different means. Investors typically determine if PLMIW Old is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PLMIW Old'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.
For PLMIW Old profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PLMIW Old to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PLMIW Old utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PLMIW Old's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PLMIW Old over time as well as its relative position and ranking within its peers.
PLMIW |
PLMIW Old EBITDA vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PLMIW Old's current stock value. Our valuation model uses many indicators to compare PLMIW Old value to that of its competitors to determine the firm's financial worth. PLMIW Old is considered to be number one stock in beta category among its peers. It is regarded fourth in ebitda category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value PLMIW Old 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.PLMIW EBITDA 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.
PLMIW Old |
| = | 0.018 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
PLMIW Old |
| = | (3.1 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
PLMIW EBITDA Comparison
PLMIW Old is currently under evaluation in ebitda category among its peers.
Beta Analysis
As returns on the market increase, PLMIW Old's returns are expected to increase less than the market. However, during the bear market, the loss of holding PLMIW Old is expected to be smaller as well.
PLMIW Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PLMIW Old. 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 PLMIW Old 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 PLMIW Old's important profitability drivers and their relationship over time.
Use PLMIW Old 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 PLMIW Old 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 PLMIW Old will appreciate offsetting losses from the drop in the long position's value.PLMIW Old Pair Trading
PLMIW Old Pair Trading Analysis
The ability to find closely correlated positions to Northrop Grumman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northrop Grumman 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 Northrop Grumman - 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 Northrop Grumman to buy it.
The correlation of Northrop Grumman 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 Northrop Grumman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northrop Grumman 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 Northrop Grumman 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 PLMIW Old position
In addition to having PLMIW Old 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Check out Your Equity Center 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 gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in PLMIW Stock
If you are still planning to invest in PLMIW Old 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 PLMIW Old's history and understand the potential risks before investing.
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