Trident Digital Revenue vs. Short Ratio
| TDTH Stock | 2.32 0.12 5.45% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 1.5 M | Current Value 1.2 M | Quarterly Volatility 283.5 K |
For Trident Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Trident Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Trident Digital Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Trident Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Trident Digital Tech over time as well as its relative position and ranking within its peers.
Trident |
Is IT Consulting & Other Services 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 Trident Digital. If investors know Trident 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 Trident Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.026 | Quarterly Revenue Growth 0.272 | Return On Assets (0.67) | Return On Equity (8.62) |
The market value of Trident Digital Tech is measured differently than its book value, which is the value of Trident that is recorded on the company's balance sheet. Investors also form their own opinion of Trident Digital's value that differs from its market value or its book value, called intrinsic value, which is Trident Digital'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 Trident Digital's market value can be influenced by many factors that don't directly affect Trident Digital'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 Trident Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trident Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trident Digital'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.
Trident Digital Tech Short Ratio vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Trident Digital's current stock value. Our valuation model uses many indicators to compare Trident Digital value to that of its competitors to determine the firm's financial worth. Trident Digital Tech is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in short ratio category among its peers . The ratio of Revenue to Short Ratio for Trident Digital Tech is about 938,677 . As of now, Trident Digital's Total Revenue is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Trident Digital's earnings, one of the primary drivers of an investment's value.Trident Revenue vs. Competition
Trident Digital Tech is currently regarded number one company in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 1.29 Billion. Trident Digital adds roughly 1.48 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Trident Short Ratio 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.
Trident Digital |
| = | 1.48 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Trident Digital |
| = | 1.58 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Trident Short Ratio Comparison
Trident Digital is currently under evaluation in short ratio category among its peers.
Trident Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Trident Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Trident Digital will eventually generate negative long term returns. The profitability progress is the general direction of Trident Digital's change in net profit over the period of time. It can combine multiple indicators of Trident Digital, 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 | ||
| Net Interest Income | -46.6 K | -44.3 K | |
| Operating Income | -4.7 M | -4.5 M | |
| Net Loss | -4.8 M | -4.5 M | |
| Income Before Tax | -4.8 M | -4.5 M | |
| Total Other Income Expense Net | 11.6 K | 11 K | |
| Net Loss | -4.8 M | -4.5 M |
Trident Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Trident Digital. 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 Trident Digital 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 Trident Digital's important profitability drivers and their relationship over time.
Use Trident Digital 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 Trident Digital 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 Trident Digital will appreciate offsetting losses from the drop in the long position's value.Trident Digital Pair Trading
Trident Digital Tech Pair Trading Analysis
The ability to find closely correlated positions to Trident Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trident Digital 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 Trident Digital - 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 Trident Digital Tech to buy it.
The correlation of Trident Digital 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 Trident Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trident Digital Tech 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 Trident Digital 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 Trident Digital position
In addition to having Trident Digital 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?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products 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 Food Products Theme or any other thematic opportunities.
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To fully project Trident Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Trident Digital Tech 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 Trident Digital's income statement, its balance sheet, and the statement of cash flows.