Cbtx Inc Stock Net Asset
CBTX Inc fundamentals help investors to digest information that contributes to CBTX's financial success or failures. It also enables traders to predict the movement of CBTX Stock. The fundamental analysis module provides a way to measure CBTX'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 CBTX stock.
CBTX |
CBTX Inc Company Net Asset Analysis
CBTX's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current CBTX Net Asset | 4.49 B |
Most of CBTX's fundamental indicators, such as Net Asset, 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, CBTX Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, CBTX Inc has a Net Asset of 4.49 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net asset for all United States stocks is notably lower than that of the firm.
CBTX Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CBTX's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CBTX could also be used in its relative valuation, which is a method of valuing CBTX by comparing valuation metrics of similar companies.CBTX is currently under evaluation in net asset category among related companies.
CBTX Fundamentals
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0086 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | (45.66 M) | |||
| Shares Outstanding | 24.52 M | |||
| Shares Owned By Insiders | 25.33 % | |||
| Shares Owned By Institutions | 47.40 % | |||
| Number Of Shares Shorted | 921.73 K | |||
| Price To Earning | 25.02 X | |||
| Price To Book | 2.80 X | |||
| Price To Sales | 4.77 X | |||
| Revenue | 142.43 M | |||
| Gross Profit | 151.3 M | |||
| EBITDA | 56.39 M | |||
| Net Income | 35.6 M | |||
| Cash And Equivalents | 490.09 M | |||
| Cash Per Share | 19.99 X | |||
| Total Debt | 50 M | |||
| Debt To Equity | 6.26 % | |||
| Book Value Per Share | 21.56 X | |||
| Cash Flow From Operations | 34.81 M | |||
| Short Ratio | 7.64 X | |||
| Earnings Per Share | 1.46 X | |||
| Target Price | 34.67 | |||
| Number Of Employees | 506 | |||
| Beta | 0.96 | |||
| Market Capitalization | 717.24 M | |||
| Total Asset | 4.49 B | |||
| Retained Earnings | 180.84 M | |||
| Z Score | 8.4 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 4.49 B | |||
| Last Dividend Paid | 0.52 |
About CBTX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CBTX Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CBTX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CBTX Inc 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 CBTX 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, CBTX's short interest history, or implied volatility extrapolated from CBTX options trading.
Pair Trading with CBTX
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 CBTX 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 CBTX will appreciate offsetting losses from the drop in the long position's value.Moving against CBTX Stock
| 0.41 | KO | Coca Cola Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to CBTX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CBTX 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 CBTX - 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 CBTX Inc to buy it.
The correlation of CBTX 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 CBTX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CBTX Inc 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 CBTX 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. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in CBTX Stock
If you are still planning to invest in CBTX Inc 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 CBTX's history and understand the potential risks before investing.
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