Computer Task Current Valuation vs. Shares Outstanding
| CTGDelisted Stock | USD 10.50 0.00 0.00% |
For Computer Task profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Computer Task to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Computer Task Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Computer Task's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Computer Task Group over time as well as its relative position and ranking within its peers.
Computer |
Computer Task Group Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Computer Task's current stock value. Our valuation model uses many indicators to compare Computer Task value to that of its competitors to determine the firm's financial worth. Computer Task Group is rated below average in current valuation category among related companies. It is rated below average in shares outstanding category among related companies creating about 0.10 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Computer Task Group is roughly 10.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Computer Task by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Computer Task'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 Computer Task's earnings, one of the primary drivers of an investment's value.Computer Current Valuation vs. Competition
Computer Task Group is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 37.12 Billion. Computer Task adds roughly 164.52 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Computer Shares Outstanding vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Computer Task |
| = | 164.52 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Computer Task |
| = | 16.09 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.
Computer Shares Outstanding Comparison
Computer Task is currently under evaluation in shares outstanding category among related companies.
Computer Task Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Computer Task, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Computer Task will eventually generate negative long term returns. The profitability progress is the general direction of Computer Task's change in net profit over the period of time. It can combine multiple indicators of Computer Task, 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.
Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology services in North America, South America, Western Europe, and India. Computer Task Group, Incorporated was incorporated in 1966 and is headquartered in Amherst, New York. Computer Task operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 3200 people.
Computer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Computer Task. 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 Computer Task 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 Computer Task's important profitability drivers and their relationship over time.
Use Computer Task 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 Computer Task 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 Computer Task will appreciate offsetting losses from the drop in the long position's value.Computer Task Pair Trading
Computer Task Group Pair Trading Analysis
The ability to find closely correlated positions to Computer Task could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Computer Task 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 Computer Task - 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 Computer Task Group to buy it.
The correlation of Computer Task 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 Computer Task moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Computer Task Group 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 Computer Task 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 Computer Task position
In addition to having Computer Task 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 Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 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 Corporate Bonds Funds 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 estimate. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Computer Stock
If you are still planning to invest in Computer Task Group 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 Computer Task's history and understand the potential risks before investing.
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