Commercial International Bank Stock Price To Sales
| CMGGF Stock | USD 1.33 0.00 0.00% |
Commercial International Bank fundamentals help investors to digest information that contributes to Commercial International's financial success or failures. It also enables traders to predict the movement of Commercial OTC Stock. The fundamental analysis module provides a way to measure Commercial International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commercial International otc stock.
Commercial |
Commercial International Bank OTC Stock Price To Sales Analysis
Commercial International's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Commercial International Price To Sales | 2.82 X |
Most of Commercial International's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Commercial International Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Commercial International Bank has a Price To Sales of 2.8223 times. This is 30.66% higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The price to sales for all United States stocks is 75.29% higher than that of the company.
Commercial Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commercial International's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Commercial International could also be used in its relative valuation, which is a method of valuing Commercial International by comparing valuation metrics of similar companies.Commercial International is currently under evaluation in price to sales category among related companies.
Commercial Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.0287 | |||
| Profit Margin | 0.46 % | |||
| Current Valuation | 5.67 B | |||
| Shares Outstanding | 2.98 B | |||
| Shares Owned By Institutions | 8.79 % | |||
| Price To Earning | 6.82 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 2.82 X | |||
| Revenue | 28.9 B | |||
| Gross Profit | 27.04 B | |||
| Net Income | 13.27 B | |||
| Cash And Equivalents | 1.64 B | |||
| Cash Per Share | 1.41 X | |||
| Total Debt | 212.1 M | |||
| Book Value Per Share | 1.45 X | |||
| Cash Flow From Operations | (34.61 B) | |||
| Earnings Per Share | 0.15 X | |||
| Number Of Employees | 7.56 K | |||
| Beta | 0.74 | |||
| Market Capitalization | 5.79 B | |||
| Total Asset | 498.24 B | |||
| Retained Earnings | 10.11 B | |||
| Working Capital | (116.14 B) | |||
| Current Asset | 70.53 B | |||
| Current Liabilities | 186.67 B | |||
| Z Score | 16.2 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 498.24 B |
About Commercial International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commercial International Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commercial International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commercial International Bank based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Commercial International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Commercial International's short interest history, or implied volatility extrapolated from Commercial International options trading.
Pair Trading with Commercial International
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 Commercial International 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 Commercial International will appreciate offsetting losses from the drop in the long position's value.Moving together with Commercial OTC Stock
| 0.86 | CIHKY | China Merchants Bank | PairCorr |
| 0.64 | CIHHF | China Merchants Bank | PairCorr |
Moving against Commercial OTC Stock
| 0.78 | USB-PH | US Bancorp | PairCorr |
| 0.73 | VFS | VinFast Auto Trending | PairCorr |
| 0.72 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.71 | FITBP | Fifth Third Bancorp | PairCorr |
| 0.47 | KEP | Korea Electric Power | PairCorr |
The ability to find closely correlated positions to Commercial International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commercial International 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 Commercial International - 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 Commercial International Bank to buy it.
The correlation of Commercial International 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 Commercial International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commercial International 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 Commercial International 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial International Bank. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Commercial International information on this page should be used as a complementary analysis to other Commercial International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Commercial OTC Stock analysis
When running Commercial International's price analysis, check to measure Commercial International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commercial International is operating at the current time. Most of Commercial International's value examination focuses on studying past and present price action to predict the probability of Commercial International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial International's price. Additionally, you may evaluate how the addition of Commercial International to your portfolios can decrease your overall portfolio volatility.
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