CbdMD Revenue vs. Book Value Per Share
| YCBD-PA Preferred Stock | USD 0.73 0.04 5.80% |
For CbdMD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CbdMD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well cbdMD Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CbdMD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of cbdMD Inc over time as well as its relative position and ranking within its peers.
CbdMD |
cbdMD Inc Book Value Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CbdMD's current stock value. Our valuation model uses many indicators to compare CbdMD value to that of its competitors to determine the firm's financial worth. cbdMD Inc is rated first in revenue category among its peers. It is rated first in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for cbdMD Inc is about 68,345,992 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CbdMD by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CbdMD's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CbdMD Revenue vs. Competition
cbdMD Inc is rated first in revenue category among its peers. Market size based on revenue of Drug Manufacturers - Specialty & Generic industry is at this time estimated at about 39.64 Billion. CbdMD adds roughly 35.4 Million in revenue claiming only tiny portion of equities under Drug Manufacturers - Specialty & Generic industry.
CbdMD Book Value Per Share 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.
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| = | 35.4 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
CbdMD |
| = | 0.52 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CbdMD Book Value Per Share Comparison
CbdMD is currently under evaluation in book value per share category among its peers.
CbdMD Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CbdMD, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CbdMD will eventually generate negative long term returns. The profitability progress is the general direction of CbdMD's change in net profit over the period of time. It can combine multiple indicators of CbdMD, 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.
cbdMD, Inc. produces and distributes various cannabidiol products. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina. CbdMD Inc is traded on ASE Exchange in the United States.
CbdMD Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CbdMD. 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 CbdMD 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 CbdMD's important profitability drivers and their relationship over time.
Use CbdMD 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 CbdMD 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 CbdMD will appreciate offsetting losses from the drop in the long position's value.CbdMD Pair Trading
cbdMD Inc Pair Trading Analysis
The ability to find closely correlated positions to CbdMD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CbdMD 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 CbdMD - 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 cbdMD Inc to buy it.
The correlation of CbdMD 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 CbdMD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if cbdMD Inc 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 CbdMD 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 CbdMD position
In addition to having CbdMD 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?
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Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 37 constituents at this time.
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Other Information on Investing in CbdMD Preferred Stock
To fully project CbdMD's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of cbdMD Inc 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 CbdMD's income statement, its balance sheet, and the statement of cash flows.