Cortland Bancorp Net Income vs. Shares Outstanding

Considering Cortland Bancorp's profitability and operating efficiency indicators, Cortland Bancorp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Cortland Bancorp's ability to earn profits and add value for shareholders.
For Cortland Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cortland Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cortland Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cortland Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cortland Bancorp over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Please note, there is a significant difference between Cortland Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cortland Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cortland Bancorp'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.

Cortland Bancorp Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cortland Bancorp's current stock value. Our valuation model uses many indicators to compare Cortland Bancorp value to that of its competitors to determine the firm's financial worth.
Cortland Bancorp is number one stock in net income category among related companies. It is number one stock in shares outstanding category among related companies creating about  0.43  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Cortland Bancorp is roughly  2.30 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cortland Bancorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cortland Bancorp'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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cortland Bancorp's earnings, one of the primary drivers of an investment's value.

Cortland Shares Outstanding vs. Net Income

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.

Cortland Bancorp

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
9.72 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.
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.

Cortland Bancorp

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
4.22 M
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.

Cortland Shares Outstanding Comparison

Cortland Bancorp is currently under evaluation in shares outstanding category among related companies.

Cortland Bancorp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cortland Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cortland Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Cortland Bancorp's change in net profit over the period of time. It can combine multiple indicators of Cortland Bancorp, 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.
Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. Cortland Bancorp was founded in 1892 and is headquartered in Cortland, Ohio. Cortland Bncp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 151 people.

Cortland Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cortland Bancorp. 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 Cortland Bancorp 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 Cortland Bancorp's important profitability drivers and their relationship over time.

Use Cortland Bancorp 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 Cortland Bancorp 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 Cortland Bancorp will appreciate offsetting losses from the drop in the long position's value.

Cortland Bancorp Pair Trading

Cortland Bancorp Pair Trading Analysis

The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cortland Bancorp position

In addition to having Cortland Bancorp 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 Electrical Equipment Thematic Idea Now

Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 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 Electrical Equipment Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Cortland Bancorp information on this page should be used as a complementary analysis to other Cortland Bancorp'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Cortland Stock

If you are still planning to invest in Cortland Bancorp 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 Cortland Bancorp's history and understand the potential risks before investing.
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