Tenet Fintech Revenue vs. Price to Book
| PKKFF Stock | USD 0.08 0.01 9.72% |
For Tenet Fintech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tenet Fintech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tenet Fintech Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tenet Fintech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tenet Fintech Group over time as well as its relative position and ranking within its peers.
Tenet |
Tenet Fintech Group Price to Book vs. Revenue Fundamental Analysis
Tenet Revenue vs. Competition
Tenet Fintech Group is regarded second in revenue category among related companies. Market size based on revenue of Information Technology industry is at this time estimated at about 3.91 Billion. Tenet Fintech holds roughly 103.63 Million in revenue claiming about 2.65% of equities under Information Technology industry.
Tenet Price to Book 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.
Tenet Fintech |
| = | 103.63 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.
Tenet Fintech | = | null |
Use Tenet Fintech 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 Tenet Fintech 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 Tenet Fintech will appreciate offsetting losses from the drop in the long position's value.Tenet Fintech Pair Trading
Tenet Fintech Group Pair Trading Analysis
The ability to find closely correlated positions to Tenet Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tenet Fintech 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 Tenet Fintech - 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 Tenet Fintech Group to buy it.
The correlation of Tenet Fintech 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 Tenet Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tenet Fintech Group 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 Tenet Fintech 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 Tenet Fintech position
In addition to having Tenet Fintech 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 Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 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 Electrical Equipment Theme or any other thematic opportunities.
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Check out Your Equity Center. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Tenet Pink Sheet analysis
When running Tenet Fintech's price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
To fully project Tenet Fintech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tenet Fintech Group 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 Tenet Fintech's income statement, its balance sheet, and the statement of cash flows.