| YCM Stock | | | CAD 4.92 0.10 2.07% |
Based on Commerce Split's profitability indicators, Commerce Split Corp is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in February. Profitability indicators assess Commerce Split's ability to earn profits and add value for shareholders. As of the 10th of January 2025,
Price To Sales Ratio is likely to drop to -1.12. In addition to that,
Days Sales Outstanding is likely to grow to -0.15. At this time, Commerce Split's
Net Interest Income is very stable compared to the past year. As of the 10th of January 2025,
Interest Income is likely to grow to about 28.9
K, while
Operating Income is likely to drop (1.2
M).
For Commerce Split profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commerce Split to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Commerce Split Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commerce Split's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commerce Split Corp 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 Commerce Split's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Split is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Split'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.
Commerce Split Corp Shares Outstanding vs. Short Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Commerce Split's current stock value. Our valuation model uses many indicators to compare Commerce Split value to that of its competitors to determine the firm's financial worth.
Commerce Split Corp is rated
below average in short ratio category among its peers. It is rated
fifth in shares outstanding category among its peers creating about
17,930,640 of Shares Outstanding per Short Ratio. As of the 10th of January 2025,
Common Stock Shares Outstanding is likely to drop to about 766.5
K. Comparative valuation analysis is a catch-all model that can be used if you cannot value Commerce Split by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Commerce Split's 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.
Commerce Shares Outstanding vs. Short Ratio
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Commerce Split | Short Ratio | = | Short InterestAverage Trading Volume |
| = | 0.05 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Commerce Split | Shares Outstanding | = | Public Shares | - | Repurchased |
| = | 896.53 K |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Commerce Shares Outstanding Comparison
Commerce Split is currently under evaluation in shares outstanding category among its peers.
Commerce Split Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Commerce Split, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commerce Split will eventually generate negative long term returns. The profitability progress is the general direction of Commerce Split's change in net profit over the period of time. It can combine
multiple indicators of Commerce Split, 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.
Commerce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Commerce Split. 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 Commerce Split 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 Commerce Split's important profitability drivers and their relationship over time.
Use Commerce Split 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 Commerce Split 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 Commerce Split will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Commerce Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Split 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 Commerce Split - 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 Commerce Split Corp to buy it.
The correlation of Commerce Split 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 Commerce Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Split Corp 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 Commerce Split 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 Commerce Split position
In addition to having Commerce Split 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.
Israel Wall Street
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 71 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
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thematic opportunities.
Other Information on Investing in Commerce Stock
To fully project Commerce Split's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Commerce Split Corp 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 Commerce Split's income statement, its balance sheet, and the statement of cash flows.
Potential Commerce Split investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Commerce Split investors may work on each financial statement separately, they are all related. The changes in Commerce Split's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Commerce Split'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.
