Etrion Revenue vs. Beta

ETRXF Stock  USD 0  0.00  0.00%   
Considering Etrion's profitability and operating efficiency indicators, Etrion may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Etrion's ability to earn profits and add value for shareholders.
For Etrion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Etrion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Etrion utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Etrion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Etrion over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Etrion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etrion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etrion's 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.

Etrion Beta vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Etrion's current stock value. Our valuation model uses many indicators to compare Etrion value to that of its competitors to determine the firm's financial worth.
Etrion is rated as one of the top companies in revenue category among related companies. It is one of the top stocks in beta category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Etrion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Etrion'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 Etrion's earnings, one of the primary drivers of an investment's value.

Etrion Revenue vs. Competition

Etrion is rated as one of the top companies in revenue category among related companies. Market size based on revenue of Utilities industry is currently estimated at about 161.69 Billion. Etrion adds roughly 0.0 in revenue claiming only tiny portion of Utilities industry.

Etrion Beta vs. Revenue

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.

Etrion

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
null
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Etrion

Beta

 = 

Covariance

Variance

 = 
1.86
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Etrion Beta Comparison

Etrion is currently under evaluation in beta category among related companies.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Etrion will likely underperform.

Etrion Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Etrion, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Etrion will eventually generate negative long term returns. The profitability progress is the general direction of Etrion's change in net profit over the period of time. It can combine multiple indicators of Etrion, 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.
Etrion Corporation does not have significant business operations. Etrion Corporation was incorporated in 1993 and is based in Geneva, Switzerland. Etrion Corp is traded on OTC Exchange in the United States.

Etrion Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Etrion. 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 Etrion 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 Etrion's important profitability drivers and their relationship over time.

Use Etrion 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 Etrion 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 Etrion will appreciate offsetting losses from the drop in the long position's value.

Etrion Pair Trading

Etrion Pair Trading Analysis

The ability to find closely correlated positions to Etrion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etrion 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 Etrion - 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 Etrion to buy it.
The correlation of Etrion 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 Etrion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etrion 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 Etrion 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Etrion position

In addition to having Etrion 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 Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 34 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 Healthcare Funds Theme or any other thematic opportunities.
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You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Etrion's price analysis, check to measure Etrion'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 Etrion is operating at the current time. Most of Etrion's value examination focuses on studying past and present price action to predict the probability of Etrion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etrion's price. Additionally, you may evaluate how the addition of Etrion to your portfolios can decrease your overall portfolio volatility.
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To fully project Etrion's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Etrion 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 Etrion's income statement, its balance sheet, and the statement of cash flows.
Potential Etrion investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Etrion investors may work on each financial statement separately, they are all related. The changes in Etrion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Etrion's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.