Presto Automation Net Income vs. Price To Book
| PRSTDelisted Stock | USD 0 0 18.97% |
For Presto Automation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Presto Automation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Presto Automation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Presto Automation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Presto Automation over time as well as its relative position and ranking within its peers.
Presto |
Presto Automation Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Presto Automation's current stock value. Our valuation model uses many indicators to compare Presto Automation value to that of its competitors to determine the firm's financial worth. Presto Automation is regarded fourth in net income category among its peers. It is considered to be number one stock in price to book category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Presto Automation 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.Presto Price To Book 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.
Presto Automation |
| = | (34.48 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 Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Presto Automation |
| = | 170.54 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Presto Price To Book Comparison
Presto Automation is currently under evaluation in price to book category among its peers.
Presto Automation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Presto Automation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Presto Automation will eventually generate negative long term returns. The profitability progress is the general direction of Presto Automation's change in net profit over the period of time. It can combine multiple indicators of Presto Automation, 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.
Presto Automation, Inc. provides labor automation technology solutions in the hospitality industry. Presto Automation, Inc. was incorporated in 2008 and is headquartered in San Carlos, California. Presto Automation operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.
Presto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Presto Automation. 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 Presto Automation 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 Presto Automation's important profitability drivers and their relationship over time.
Use Presto Automation 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 Presto Automation 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 Presto Automation will appreciate offsetting losses from the drop in the long position's value.Presto Automation Pair Trading
Presto Automation Pair Trading Analysis
The ability to find closely correlated positions to Presto Automation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Presto Automation 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 Presto Automation - 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 Presto Automation to buy it.
The correlation of Presto Automation 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 Presto Automation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Presto Automation 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 Presto Automation 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 Presto Automation position
In addition to having Presto Automation 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 Health Care ETFs Thematic Idea Now
Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs 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 state. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Presto Stock
If you are still planning to invest in Presto Automation 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 Presto Automation's history and understand the potential risks before investing.
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