Digitaltown Stock Net Income
DigitalTown fundamentals help investors to digest information that contributes to DigitalTown's financial success or failures. It also enables traders to predict the movement of DigitalTown Pink Sheet. The fundamental analysis module provides a way to measure DigitalTown'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 DigitalTown pink sheet.
DigitalTown |
DigitalTown Company Net Income Analysis
DigitalTown's 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.
Current DigitalTown Net Income | (7.4 M) |
Most of DigitalTown's fundamental indicators, such as Net Income, 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, DigitalTown is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, DigitalTown reported net income of (7.4 Million). This is 101.37% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The net income for all United States stocks is 101.3% higher than that of the company.
DigitalTown Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DigitalTown's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of DigitalTown could also be used in its relative valuation, which is a method of valuing DigitalTown by comparing valuation metrics of similar companies.DigitalTown is currently under evaluation in net income category among related companies.
DigitalTown Fundamentals
| Return On Asset | -32.99 | |||
| Operating Margin | (74.75) % | |||
| Current Valuation | 513.35 K | |||
| Shares Outstanding | 2.57 B | |||
| Price To Earning | (1.78) X | |||
| Price To Sales | 12.08 X | |||
| Revenue | 34.47 K | |||
| Gross Profit | (708.99 K) | |||
| EBITDA | (6.21 M) | |||
| Net Income | (7.4 M) | |||
| Cash And Equivalents | 4.69 K | |||
| Total Debt | 291.92 K | |||
| Debt To Equity | 27.30 % | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (2.38 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 29 | |||
| Beta | 111.27 | |||
| Market Capitalization | 513.35 K | |||
| Total Asset | 59.82 K | |||
| Retained Earnings | (33.08 M) | |||
| Working Capital | (174 K) | |||
| Current Asset | 220 K | |||
| Current Liabilities | 394 K | |||
| Net Asset | 59.82 K |
About DigitalTown Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DigitalTown's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DigitalTown using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DigitalTown based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 DigitalTown 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, DigitalTown's short interest history, or implied volatility extrapolated from DigitalTown options trading.
Pair Trading with DigitalTown
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 DigitalTown 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 DigitalTown will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DigitalTown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalTown 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 DigitalTown - 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 DigitalTown to buy it.
The correlation of DigitalTown 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 DigitalTown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalTown 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 DigitalTown 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalTown. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for DigitalTown Pink Sheet analysis
When running DigitalTown's price analysis, check to measure DigitalTown'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 DigitalTown is operating at the current time. Most of DigitalTown's value examination focuses on studying past and present price action to predict the probability of DigitalTown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalTown's price. Additionally, you may evaluate how the addition of DigitalTown to your portfolios can decrease your overall portfolio volatility.
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