DigitalTown Current Valuation vs. Net Income
Considering DigitalTown's profitability and operating efficiency indicators, DigitalTown may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess DigitalTown's ability to earn profits and add value for shareholders.
Check out Investing Opportunities.
For DigitalTown profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DigitalTown to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DigitalTown utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DigitalTown's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DigitalTown over time as well as its relative position and ranking within its peers.
DigitalTown |
DigitalTown Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DigitalTown's current stock value. Our valuation model uses many indicators to compare DigitalTown value to that of its competitors to determine the firm's financial worth. DigitalTown is rated as one of the top companies in current valuation category among related companies. It is one of the top stocks in net income category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value DigitalTown by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DigitalTown's Pink Sheet. 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 DigitalTown's earnings, one of the primary drivers of an investment's value.DigitalTown Current Valuation vs. Competition
DigitalTown is rated as one of the top companies in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Software—Application industry is currently estimated at about 349.54 Million. DigitalTown adds roughly 513,345 in current valuation claiming only tiny portion of equities listed under Software—Application industry.
DigitalTown Net Income 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.
DigitalTown |
| = | 513.35 K |
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.
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.
DigitalTown |
| = | (7.4 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.
DigitalTown Net Income Comparison
DigitalTown is currently under evaluation in net income category among related companies.
DigitalTown Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DigitalTown, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DigitalTown will eventually generate negative long term returns. The profitability progress is the general direction of DigitalTown's change in net profit over the period of time. It can combine multiple indicators of DigitalTown, 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.
DigitalTown, Inc. provides integrated search, community, and commerce platform for Web and mobile devices. On December 13, 2021, the voluntary petition of DigitalTown, Inc. for reorganization under Chapter 11 was converted to Chapter 7. Digitaltown is traded on OTC Exchange in the United States.
DigitalTown Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DigitalTown. 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 DigitalTown 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 DigitalTown's important profitability drivers and their relationship over time.
Use DigitalTown 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 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.DigitalTown Pair Trading
DigitalTown Pair Trading Analysis
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.Use Investing Themes to Complement your DigitalTown position
In addition to having DigitalTown 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| CEOs Directory Screen CEOs from public companies around the world |
To fully project DigitalTown's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DigitalTown 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 DigitalTown's income statement, its balance sheet, and the statement of cash flows.