Smarttech247 Group Shares Owned By Institutions vs. Shares Outstanding
| S247 Stock | 10.25 0.75 6.82% |
For Smarttech247 Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smarttech247 Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smarttech247 Group PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smarttech247 Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smarttech247 Group PLC over time as well as its relative position and ranking within its peers.
Smarttech247 |
Smarttech247 Group PLC Shares Outstanding vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smarttech247 Group's current stock value. Our valuation model uses many indicators to compare Smarttech247 Group value to that of its competitors to determine the firm's financial worth. Smarttech247 Group PLC is rated fifth in shares owned by institutions category among its peers. It also is rated fifth in shares outstanding category among its peers creating about 29,876,842 of Shares Outstanding per Shares Owned By Institutions. Common Stock Shares Outstanding is likely to drop to about 99.3 M in 2025. 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 Smarttech247 Group's earnings, one of the primary drivers of an investment's value.Smarttech247 Shares Outstanding vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Smarttech247 Group |
| = | 3.80 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Smarttech247 Group |
| = | 113.53 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Smarttech247 Shares Outstanding Comparison
Smarttech247 Group is rated fourth in shares outstanding category among its peers.
Smarttech247 Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smarttech247 Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smarttech247 Group will eventually generate negative long term returns. The profitability progress is the general direction of Smarttech247 Group's change in net profit over the period of time. It can combine multiple indicators of Smarttech247 Group, 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 Interest Income | -51.9 K | -54.5 K | |
| Operating Income | 1.5 M | 1.2 M | |
| Net Income From Continuing Ops | 1.3 M | 1 M | |
| Income Before Tax | 1.5 M | 1.2 M | |
| Net Income | 1.3 M | 1 M |
Smarttech247 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smarttech247 Group. 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 Smarttech247 Group 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 Smarttech247 Group's important profitability drivers and their relationship over time.
Use Smarttech247 Group 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 Smarttech247 Group 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 Smarttech247 Group will appreciate offsetting losses from the drop in the long position's value.Smarttech247 Group Pair Trading
Smarttech247 Group PLC Pair Trading Analysis
The ability to find closely correlated positions to Smarttech247 Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smarttech247 Group 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 Smarttech247 Group - 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 Smarttech247 Group PLC to buy it.
The correlation of Smarttech247 Group 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 Smarttech247 Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smarttech247 Group PLC 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 Smarttech247 Group 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 Smarttech247 Group position
In addition to having Smarttech247 Group 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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Additional Tools for Smarttech247 Stock Analysis
When running Smarttech247 Group's price analysis, check to measure Smarttech247 Group'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 Smarttech247 Group is operating at the current time. Most of Smarttech247 Group's value examination focuses on studying past and present price action to predict the probability of Smarttech247 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smarttech247 Group's price. Additionally, you may evaluate how the addition of Smarttech247 Group to your portfolios can decrease your overall portfolio volatility.