SURETRACK MON Net Income vs. Current Valuation

STK Stock   0.85  0.05  6.25%   
Considering SURETRACK MON's profitability and operating efficiency indicators, SURETRACK MON may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess SURETRACK MON's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-1.6 M
Current Value
-1.7 M
Quarterly Volatility
760.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
For SURETRACK MON profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SURETRACK MON to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SURETRACK MON utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SURETRACK MON's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SURETRACK MON over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between SURETRACK MON's value and its price as these two are different measures arrived at by different means. Investors typically determine if SURETRACK MON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SURETRACK MON'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.

SURETRACK MON Current Valuation vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SURETRACK MON's current stock value. Our valuation model uses many indicators to compare SURETRACK MON value to that of its competitors to determine the firm's financial worth.
SURETRACK MON is currently regarded as top stock in net income category among its peers. It also is currently regarded number one company in current valuation category among its peers . At present, SURETRACK MON's Net Loss is projected to decrease significantly based on the last few years of reporting. 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 SURETRACK MON's earnings, one of the primary drivers of an investment's value.

SURETRACK Current Valuation 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.

SURETRACK MON

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(1.57 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

SURETRACK MON

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
1.82 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

SURETRACK Current Valuation vs Competition

SURETRACK MON is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 351.28 Billion. SURETRACK MON adds roughly 1.82 Million in current valuation claiming only tiny portion of stocks in Communication Services industry.

SURETRACK MON Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SURETRACK MON, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SURETRACK MON will eventually generate negative long term returns. The profitability progress is the general direction of SURETRACK MON's change in net profit over the period of time. It can combine multiple indicators of SURETRACK MON, 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 ReportedProjected for Next Year
Operating Income-1.5 M-1.6 M
Net Loss-1.6 M-1.7 M
Income Before Tax-1.6 M-1.7 M
Net Loss-589.1 K-618.5 K
Net Loss-1.6 M-1.7 M

SURETRACK Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on SURETRACK MON. 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 SURETRACK MON 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 SURETRACK MON's important profitability drivers and their relationship over time.

Use SURETRACK MON 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 SURETRACK MON 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 SURETRACK MON will appreciate offsetting losses from the drop in the long position's value.

SURETRACK MON Pair Trading

SURETRACK MON Pair Trading Analysis

The ability to find closely correlated positions to SURETRACK MON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SURETRACK MON 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 SURETRACK MON - 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 SURETRACK MON to buy it.
The correlation of SURETRACK MON 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 SURETRACK MON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SURETRACK MON 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 SURETRACK MON 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your SURETRACK MON position

In addition to having SURETRACK MON 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 Cryptocurrency Thematic Idea Now

Cryptocurrency
Cryptocurrency Theme
Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Cryptocurrency theme has 50 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 Cryptocurrency Theme or any other thematic opportunities.
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Other Information on Investing in SURETRACK Stock

To fully project SURETRACK MON's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SURETRACK MON 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 SURETRACK MON's income statement, its balance sheet, and the statement of cash flows.
Potential SURETRACK MON investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although SURETRACK MON investors may work on each financial statement separately, they are all related. The changes in SURETRACK MON's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SURETRACK MON's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.