SAFEROADS HLDGS Price To Sales vs. Total Asset
| S4Q Stock | EUR 0.13 0.00 0.00% |
For SAFEROADS HLDGS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SAFEROADS HLDGS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SAFEROADS HLDGS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SAFEROADS HLDGS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SAFEROADS HLDGS over time as well as its relative position and ranking within its peers.
SAFEROADS |
SAFEROADS HLDGS Total Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SAFEROADS HLDGS's current stock value. Our valuation model uses many indicators to compare SAFEROADS HLDGS value to that of its competitors to determine the firm's financial worth. SAFEROADS HLDGS is rated below average in price to sales category among its peers. It is rated second in total asset category among its peers fabricating about 26,693,149 of Total Asset per Price To Sales. 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 SAFEROADS HLDGS's earnings, one of the primary drivers of an investment's value.SAFEROADS Total Asset vs. Price To 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.
SAFEROADS HLDGS |
| = | 0.58 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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
SAFEROADS HLDGS |
| = | 15.37 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
SAFEROADS Total Asset Comparison
SAFEROADS HLDGS is currently under evaluation in total asset category among its peers.
SAFEROADS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SAFEROADS HLDGS. 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 SAFEROADS HLDGS 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 SAFEROADS HLDGS's important profitability drivers and their relationship over time.
Use SAFEROADS HLDGS 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 SAFEROADS HLDGS 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 SAFEROADS HLDGS will appreciate offsetting losses from the drop in the long position's value.SAFEROADS HLDGS Pair Trading
SAFEROADS HLDGS Pair Trading Analysis
The ability to find closely correlated positions to SAFEROADS HLDGS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SAFEROADS HLDGS 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 SAFEROADS HLDGS - 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 SAFEROADS HLDGS to buy it.
The correlation of SAFEROADS HLDGS 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 SAFEROADS HLDGS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAFEROADS HLDGS 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 SAFEROADS HLDGS 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 SAFEROADS HLDGS position
In addition to having SAFEROADS HLDGS 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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Gambling
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
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Other Information on Investing in SAFEROADS Stock
To fully project SAFEROADS HLDGS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SAFEROADS HLDGS 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 SAFEROADS HLDGS's income statement, its balance sheet, and the statement of cash flows.