DTF Tax Shares Outstanding vs. Price To Book
| DTF Stock | USD 11.27 0.03 0.27% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.65 | 0.68 |
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| Operating Profit Margin | 0.71 | 0.77 |
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For DTF Tax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DTF Tax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DTF Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DTF Tax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DTF Tax Free over time as well as its relative position and ranking within its peers.
DTF |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTF Tax. If investors know DTF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTF Tax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.39 | Earnings Share 0.04 | Revenue Per Share 0.453 | Quarterly Revenue Growth (0.33) |
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.
DTF Tax Free Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DTF Tax's current stock value. Our valuation model uses many indicators to compare DTF Tax value to that of its competitors to determine the firm's financial worth. DTF Tax Free is rated # 2 in shares outstanding category among its peers. It also is rated # 2 in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for DTF Tax Free is about 7,607,760 . The current Price To Book Ratio is estimated to decrease to 0.70. Comparative valuation analysis is a catch-all technique that is used if you cannot value DTF Tax by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.DTF Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
DTF Tax |
| = | 7.03 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
DTF Tax |
| = | 0.92 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
DTF Price To Book Comparison
DTF Tax is currently under evaluation in price to book category among its peers.
DTF Tax Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DTF Tax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DTF Tax will eventually generate negative long term returns. The profitability progress is the general direction of DTF Tax's change in net profit over the period of time. It can combine multiple indicators of DTF Tax, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | 2.8 M | 3.1 M | |
| Net Income From Continuing Ops | 2.8 M | 1.8 M | |
| Income Before Tax | 2.8 M | 3.1 M | |
| Total Other Income Expense Net | -1.5 M | -1.6 M | |
| Net Loss | -20.5 M | -19.4 M | |
| Net Income | 2.8 M | 2.2 M | |
| Income Tax Expense | 1.8 M | 1.3 M | |
| Net Interest Income | 2.4 M | 3.8 M | |
| Interest Income | 3.5 M | 5 M | |
| Change To Netincome | 54.3 M | 57 M | |
| Net Income Per Share | 0.50 | 0.35 | |
| Income Quality | 12.69 | 13.33 | |
| Net Income Per E B T | 0.91 | 0.80 |
DTF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DTF Tax. 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 DTF Tax 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 DTF Tax's important profitability drivers and their relationship over time.
Use DTF Tax 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 DTF Tax 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 DTF Tax will appreciate offsetting losses from the drop in the long position's value.DTF Tax Pair Trading
DTF Tax Free Pair Trading Analysis
The ability to find closely correlated positions to DTF Tax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTF Tax 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 DTF Tax - 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 DTF Tax Free to buy it.
The correlation of DTF Tax 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 DTF Tax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTF Tax Free 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 DTF Tax 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 DTF Tax position
In addition to having DTF Tax 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 Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in DTF Stock
When determining whether DTF Tax Free is a strong investment it is important to analyze DTF Tax's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTF Tax's future performance. For an informed investment choice regarding DTF Stock, refer to the following important reports:Check out Investing Opportunities. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
To fully project DTF Tax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DTF Tax Free 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 DTF Tax's income statement, its balance sheet, and the statement of cash flows.