Wejo Revenue vs. Number Of Shares Shorted
Considering Wejo's profitability and operating efficiency indicators, Wejo Group 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 Wejo's ability to earn profits and add value for shareholders.
Check out Your Current Watchlist 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 inflation.
Please note, there is a significant difference between Wejo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wejo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wejo'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.
For Wejo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wejo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wejo Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wejo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wejo Group over time as well as its relative position and ranking within its peers.
Wejo |
Wejo Group Number Of Shares Shorted vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wejo's current stock value. Our valuation model uses many indicators to compare Wejo value to that of its competitors to determine the firm's financial worth. Wejo Group is rated below average in revenue category among its peers. It is rated second in number of shares shorted category among its peers making about 0.34 of Number Of Shares Shorted per Revenue. The ratio of Revenue to Number Of Shares Shorted for Wejo Group is roughly 2.90 . 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 Wejo's earnings, one of the primary drivers of an investment's value.Wejo Revenue vs. Competition
Wejo Group is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 3.02 Billion. Wejo adds roughly 8.4 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Wejo Number Of Shares Shorted vs. Revenue
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.
Wejo |
| = | 8.4 M |
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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Wejo |
| = | 2.9 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Wejo Number Of Shares Shorted Comparison
Wejo is currently under evaluation in number of shares shorted category among its peers.
Wejo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wejo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wejo will eventually generate negative long term returns. The profitability progress is the general direction of Wejo's change in net profit over the period of time. It can combine multiple indicators of Wejo, 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.
Wejo Group Limited provides software and technology solutions to various market verticals. The company was founded in 2014 and is headquartered in Manchester, the United Kingdom. Wejo operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 300 people.
Wejo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wejo. 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 Wejo 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 Wejo's important profitability drivers and their relationship over time.
Use Wejo 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 Wejo 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 Wejo will appreciate offsetting losses from the drop in the long position's value.Wejo Pair Trading
Wejo Group Pair Trading Analysis
The ability to find closely correlated positions to Ford could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ford 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 Ford - 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 Ford Motor to buy it.
The correlation of Ford 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 Ford moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ford Motor 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 Ford 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 Wejo position
In addition to having Wejo 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction 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 Construction Theme or any other thematic opportunities.
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Check out Your Current Watchlist 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 inflation. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Wejo Stock
If you are still planning to invest in Wejo Group 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 Wejo's history and understand the potential risks before investing.
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