Discovery Stock Net Income
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 Net Income Analysis
Discovery's 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.
Current Discovery Net Income | 912 M |
Most of Discovery's fundamental indicators, such as Net Income, 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.
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.
CompetitionBased on the recorded statements, Discovery reported net income of 912 M. This is 42.83% lower than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The net income for all United States stocks is 59.73% lower than that of the firm.
Discovery Net Income 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 Net Income 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 net income 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 |
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 Interpublic Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interpublic Group 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 Interpublic Group - 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 Interpublic Group of to buy it.
The correlation of Interpublic Group 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 Interpublic Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interpublic 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 Interpublic Group 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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