Via Renewables Current Valuation vs. Net Income
Based on Via Renewables' profitability indicators, Via Renewables may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Via Renewables' ability to earn profits and add value for shareholders.
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.
Please note, there is a significant difference between Via Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Via Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Via Renewables' 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.
For Via Renewables profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Via Renewables to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Via Renewables utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Via Renewables's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Via Renewables over time as well as its relative position and ranking within its peers.
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Via Renewables Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Via Renewables's current stock value. Our valuation model uses many indicators to compare Via Renewables value to that of its competitors to determine the firm's financial worth. Via Renewables is rated below average in current valuation category among its peers. It is rated below average in net income category among its peers making up about 0.09 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Via Renewables is roughly 10.65 . 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 Via Renewables' earnings, one of the primary drivers of an investment's value.Via Current Valuation vs. Competition
Via Renewables is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is at this time estimated at about 212.14 Billion. Via Renewables adds roughly 159.5 Million in current valuation claiming only tiny portion of Utilities industry.
Via Net Income vs. Current Valuation
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.
Via Renewables |
| = | 159.5 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.
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.
Via Renewables |
| = | 14.97 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.
Via Net Income Comparison
Via Renewables is currently under evaluation in net income category among its peers.
Via Renewables Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Via Renewables, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Via Renewables will eventually generate negative long term returns. The profitability progress is the general direction of Via Renewables' change in net profit over the period of time. It can combine multiple indicators of Via Renewables, 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.
Via Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. Via Renewables, Inc. was founded in 1999 and is headquartered in Houston, Texas. Via Renewables operates under UtilitiesRegulated Electric classification in the United States and is traded on NASDAQ Exchange. It employs 169 people.
Via Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Via Renewables. 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 Via Renewables 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 Via Renewables' important profitability drivers and their relationship over time.
Use Via Renewables 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 Via Renewables 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 Via Renewables will appreciate offsetting losses from the drop in the long position's value.Via Renewables Pair Trading
Via Renewables Pair Trading Analysis
The ability to find closely correlated positions to BorgWarner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BorgWarner 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 BorgWarner - 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 BorgWarner to buy it.
The correlation of BorgWarner 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 BorgWarner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BorgWarner 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 BorgWarner 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 Via Renewables position
In addition to having Via Renewables 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Via Stock
If you are still planning to invest in Via Renewables 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 Via Renewables' history and understand the potential risks before investing.
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