CbdMD Profitability Analysis
| YCBD-PA Preferred Stock | USD 0.73 0.04 5.80% |
For CbdMD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CbdMD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well cbdMD Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CbdMD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of cbdMD Inc over time as well as its relative position and ranking within its peers.
CbdMD |
YCBD-PA fundamentals not found
We are unable to locate cbdMD Inc indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | YCBD-PA |
| Name | cbdMD Inc |
| Type | Preferred Stock |
| Country | United States |
| Exchange | NYSE |
Indicator Description
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| YCBD-PA | cbdMD Inc | Company |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
CbdMD Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CbdMD, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CbdMD will eventually generate negative long term returns. The profitability progress is the general direction of CbdMD's change in net profit over the period of time. It can combine multiple indicators of CbdMD, 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.
cbdMD, Inc. produces and distributes various cannabidiol products. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina. CbdMD Inc is traded on ASE Exchange in the United States.
CbdMD Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CbdMD. 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 CbdMD 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 CbdMD's important profitability drivers and their relationship over time.
CbdMD Profitability Trends
CbdMD profitability trend refers to the progression of profit or loss within a business. An upward trend means that CbdMD's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is CbdMD's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Use CbdMD 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 CbdMD 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 CbdMD will appreciate offsetting losses from the drop in the long position's value.CbdMD Pair Trading
cbdMD Inc Pair Trading Analysis
The ability to find closely correlated positions to CbdMD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CbdMD 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 CbdMD - 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 cbdMD Inc to buy it.
The correlation of CbdMD 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 CbdMD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if cbdMD Inc 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 CbdMD 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 CbdMD position
In addition to having CbdMD 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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Materials ETFs
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Other Information on Investing in CbdMD Preferred Stock
To fully project CbdMD's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of cbdMD Inc 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 CbdMD's income statement, its balance sheet, and the statement of cash flows.