Supreme Cannabis Debt to Equity vs. Revenue
Based on Supreme Cannabis' profitability indicators, The Supreme Cannabis may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in May. Profitability indicators assess Supreme Cannabis' ability to earn profits and add value for shareholders.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Please note, there is a significant difference between Supreme Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Supreme Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Supreme Cannabis' 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.
For Supreme Cannabis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Supreme Cannabis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Supreme Cannabis utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Supreme Cannabis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Supreme Cannabis over time as well as its relative position and ranking within its peers.
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Supreme Cannabis Revenue vs. Debt to Equity Fundamental Analysis
Supreme Revenue vs. Debt to Equity
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Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 53.29 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Supreme Revenue vs Competition
The Supreme Cannabis is currently regarded number one company in revenue category among related companies. Market size based on revenue of Drug Manufacturers—Specialty & Generic industry is at this time estimated at about 217.15 Billion. Supreme Cannabis adds roughly 53.29 Million in revenue claiming only tiny portion of equities under Drug Manufacturers—Specialty & Generic industry.
Use Supreme Cannabis 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 Supreme Cannabis 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 Supreme Cannabis will appreciate offsetting losses from the drop in the long position's value.Supreme Cannabis Pair Trading
The Supreme Cannabis Pair Trading Analysis
The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America 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 Bank of America - 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 Bank of America to buy it.
The correlation of Bank of America 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 Bank of America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of America 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 Bank of America 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 Supreme Cannabis position
In addition to having Supreme Cannabis 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 Shipping Containers Thematic Idea Now
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 15 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 Shipping Containers Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Supreme OTC Stock
If you are still planning to invest in Supreme Cannabis 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 Supreme Cannabis' history and understand the potential risks before investing.
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