Gitennes Exploration Cash and Equivalents vs. Net Income
Considering Gitennes Exploration's profitability and operating efficiency indicators, Gitennes Exploration 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 Gitennes Exploration's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis 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 interest.
Please note, there is a significant difference between Gitennes Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gitennes Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitennes Exploration'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.
For Gitennes Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gitennes Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gitennes Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gitennes Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gitennes Exploration over time as well as its relative position and ranking within its peers.
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Gitennes Exploration Net Income vs. Cash and Equivalents Fundamental Analysis
Gitennes Net Income vs. Cash and Equivalents
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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.
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| = | (1.73 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.
Gitennes Net Income Comparison
Gitennes Exploration is currently under evaluation in net income category among related companies.
Use Gitennes Exploration 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 Gitennes Exploration 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 Gitennes Exploration will appreciate offsetting losses from the drop in the long position's value.Gitennes Exploration Pair Trading
Gitennes Exploration Pair Trading Analysis
The ability to find closely correlated positions to Gitennes Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gitennes Exploration 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 Gitennes Exploration - 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 Gitennes Exploration to buy it.
The correlation of Gitennes Exploration 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 Gitennes Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gitennes Exploration 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 Gitennes Exploration 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 Gitennes Exploration position
In addition to having Gitennes Exploration 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 ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 48 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 ISP Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Gitennes Pink Sheet analysis
When running Gitennes Exploration's price analysis, check to measure Gitennes Exploration'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 Gitennes Exploration is operating at the current time. Most of Gitennes Exploration's value examination focuses on studying past and present price action to predict the probability of Gitennes Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gitennes Exploration's price. Additionally, you may evaluate how the addition of Gitennes Exploration to your portfolios can decrease your overall portfolio volatility.
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To fully project Gitennes Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gitennes Exploration 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 Gitennes Exploration's income statement, its balance sheet, and the statement of cash flows.