Play2chill Sa Stock Gross Profit
| P2C Stock | 4.41 0.36 8.89% |
Play2Chill SA fundamentals help investors to digest information that contributes to Play2Chill's financial success or failures. It also enables traders to predict the movement of Play2Chill Stock. The fundamental analysis module provides a way to measure Play2Chill'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 Play2Chill stock.
Play2Chill |
Play2Chill SA Company Gross Profit Analysis
Play2Chill's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Play2Chill SA reported 0.0 of gross profit. This is 100.0% lower than that of the Technology sector and about the same as Software & IT Services (which currently averages 0.0) industry. The gross profit for all Poland stocks is 100.0% higher than that of the company.
Play2Chill Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Play2Chill's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Play2Chill could also be used in its relative valuation, which is a method of valuing Play2Chill by comparing valuation metrics of similar companies.Play2Chill is currently under evaluation in gross profit category among its peers.
About Play2Chill Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Play2Chill SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Play2Chill using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Play2Chill SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Play2Chill
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 Play2Chill 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 Play2Chill will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Play2Chill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Play2Chill 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 Play2Chill - 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 Play2Chill SA to buy it.
The correlation of Play2Chill 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 Play2Chill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Play2Chill SA 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 Play2Chill 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.Additional Tools for Play2Chill Stock Analysis
When running Play2Chill's price analysis, check to measure Play2Chill'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 Play2Chill is operating at the current time. Most of Play2Chill's value examination focuses on studying past and present price action to predict the probability of Play2Chill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Play2Chill's price. Additionally, you may evaluate how the addition of Play2Chill to your portfolios can decrease your overall portfolio volatility.