Wireless Telecom Revenue vs. Net Income
| WTTDelisted Stock | USD 2.11 0.00 0.00% |
For Wireless Telecom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wireless Telecom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wireless Telecom Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wireless Telecom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wireless Telecom Group over time as well as its relative position and ranking within its peers.
Wireless |
Wireless Telecom Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wireless Telecom's current stock value. Our valuation model uses many indicators to compare Wireless Telecom value to that of its competitors to determine the firm's financial worth. Wireless Telecom Group is rated below average in revenue category among its peers. It is rated third in net income category among its peers making up about 0.65 of Net Income per Revenue. The ratio of Revenue to Net Income for Wireless Telecom Group is roughly 1.53 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Wireless Telecom 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.Wireless Revenue vs. Competition
Wireless Telecom 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 1.77 Billion. Wireless Telecom claims roughly 22.37 Million in revenue contributing just under 2% to equities under Information Technology industry.
Wireless Net Income 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.
Wireless Telecom |
| = | 22.37 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.
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.
Wireless Telecom |
| = | 14.59 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.
Wireless Net Income Comparison
Wireless Telecom is currently under evaluation in net income category among its peers.
Wireless Telecom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wireless Telecom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wireless Telecom will eventually generate negative long term returns. The profitability progress is the general direction of Wireless Telecom's change in net profit over the period of time. It can combine multiple indicators of Wireless Telecom, 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.
Wireless Telecom Group, Inc., together with its subsidiaries, designs, develops, manufactures, and markets radio frequency and microwave devices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Wireless Telecom Group, Inc. was incorporated in 1985 and is headquartered in Parsippany, New Jersey. Wireless Telecom operates under Communication Equipment classification in the United States and is traded on AMEX Exchange. It employs 155 people.
Wireless Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wireless Telecom. 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 Wireless Telecom 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 Wireless Telecom's important profitability drivers and their relationship over time.
Use Wireless Telecom 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 Wireless Telecom 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 Wireless Telecom will appreciate offsetting losses from the drop in the long position's value.Wireless Telecom Pair Trading
Wireless Telecom Group Pair Trading Analysis
The ability to find closely correlated positions to Wireless Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wireless Telecom 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 Wireless Telecom - 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 Wireless Telecom Group to buy it.
The correlation of Wireless Telecom 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 Wireless Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wireless Telecom 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 Wireless Telecom 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 Wireless Telecom position
In addition to having Wireless Telecom 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda 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 estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Wireless Stock
If you are still planning to invest in Wireless Telecom 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 Wireless Telecom's history and understand the potential risks before investing.
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