Discovery Stock Gross Profit
Discovery fundamentals help investors to digest information that contributes to Discovery's financial success or failures. It also enables traders to predict the movement of Discovery Stock. The fundamental analysis module provides a way to measure Discovery'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 Discovery stock.
Discovery |
Discovery Company Gross Profit Analysis
Discovery's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Discovery Gross Profit | 7.58 B |
Most of Discovery's fundamental indicators, such as Gross Profit, 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, Discovery is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Discovery reported 7.58 B of gross profit. This is 90.26% lower than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The gross profit for all United States stocks is 72.31% higher than that of the company.
Discovery Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Discovery's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Discovery could also be used in its relative valuation, which is a method of valuing Discovery by comparing valuation metrics of similar companies.Discovery is currently under evaluation in gross profit category among related companies.
Discovery Fundamentals
| Return On Equity | 9.29 | |||
| Return On Asset | 3.78 | |||
| Profit Margin | 8.25 % | |||
| Operating Margin | 17.00 % | |||
| Current Valuation | 32.28 B | |||
| Shares Outstanding | 6.51 M | |||
| Shares Owned By Insiders | 96.50 % | |||
| Shares Owned By Institutions | 7.13 % | |||
| Number Of Shares Shorted | 638 | |||
| Price To Earning | 16.35 X | |||
| Price To Book | 1.38 X | |||
| Price To Sales | 0.82 X | |||
| Revenue | 12.19 B | |||
| Gross Profit | 7.58 B | |||
| EBITDA | 3.66 B | |||
| Net Income | 912 M | |||
| Cash And Equivalents | 4.12 B | |||
| Cash Per Share | 6.41 X | |||
| Total Debt | 15.65 B | |||
| Debt To Equity | 1.17 % | |||
| Current Ratio | 2.10 X | |||
| Book Value Per Share | 17.71 X | |||
| Cash Flow From Operations | 2.8 B | |||
| Short Ratio | 0.15 X | |||
| Earnings Per Share | 1.50 X | |||
| Price To Earnings To Growth | 0.07 X | |||
| Number Of Employees | 11 K | |||
| Beta | 1.15 | |||
| Market Capitalization | 10.04 B |
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 Discovery 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, Discovery's short interest history, or implied volatility extrapolated from Discovery options trading.
Pair Trading with Discovery
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 Discovery 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 Discovery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Becton Dickinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becton Dickinson 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 Becton Dickinson - 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 Becton Dickinson and to buy it.
The correlation of Becton Dickinson 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 Becton Dickinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Becton Dickinson 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 Becton Dickinson 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Discovery information on this page should be used as a complementary analysis to other Discovery'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Discovery Stock
If you are still planning to invest in Discovery 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 Discovery's history and understand the potential risks before investing.
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