South Jersey Market Capitalization vs. Revenue
| SJIVDelisted Stock | USD 67.45 0.00 0.00% |
For South Jersey profitability analysis, we use financial ratios and fundamental drivers that measure the ability of South Jersey to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well South Jersey Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between South Jersey's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of South Jersey Industries over time as well as its relative position and ranking within its peers.
South |
South Jersey Industries Revenue vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining South Jersey's current stock value. Our valuation model uses many indicators to compare South Jersey value to that of its competitors to determine the firm's financial worth. South Jersey Industries is currently regarded as top stock in market capitalization category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 0.67 of Revenue per Market Capitalization. The ratio of Market Capitalization to Revenue for South Jersey Industries is roughly 1.49 . Comparative valuation analysis is a catch-all technique that is used if you cannot value South Jersey 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.South Market Capitalization vs. Competition
South Jersey Industries is currently regarded as top stock in market capitalization category among its peers. Market capitalization of Utilities industry is at this time estimated at about 44.25 Billion. South Jersey holds roughly 2.97 Billion in market capitalization claiming about 7% of Utilities industry.
South Revenue vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
South Jersey |
| = | 2.97 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
South Jersey |
| = | 1.99 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
South Revenue vs Competition
South Jersey Industries is currently regarded number one company in revenue category among its peers. Market size based on revenue of Utilities industry is at this time estimated at about 10.9 Billion. South Jersey retains roughly 1.99 Billion in revenue claiming about 18% of Utilities industry.
South Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on South Jersey. 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 South Jersey 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 South Jersey's important profitability drivers and their relationship over time.
Use South Jersey 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 South Jersey 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 South Jersey will appreciate offsetting losses from the drop in the long position's value.South Jersey Pair Trading
South Jersey Industries Pair Trading Analysis
The ability to find closely correlated positions to South Jersey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Jersey 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 South Jersey - 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 South Jersey Industries to buy it.
The correlation of South Jersey 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 South Jersey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Jersey Industries 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 South Jersey 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 South Jersey position
In addition to having South Jersey 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Check out World Market Map 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in South Stock
If you are still planning to invest in South Jersey Industries 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 South Jersey's history and understand the potential risks before investing.
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