Ben Thanh Rubber Stock Cash Per Share
| BRC Stock | 13,950 50.00 0.36% |
Ben Thanh Rubber fundamentals help investors to digest information that contributes to Ben Thanh's financial success or failures. It also enables traders to predict the movement of Ben Stock. The fundamental analysis module provides a way to measure Ben Thanh'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 Ben Thanh stock.
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Ben Thanh Rubber Company Cash Per Share Analysis
Ben Thanh's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Ben Thanh Rubber has a Cash Per Share of 0.0 times. This indicator is about the same for the Consumer Cyclicals average (which is currently at 0.0) sector and about the same as Automobiles & Auto Parts (which currently averages 0.0) industry. This indicator is about the same for all Vietnam stocks average (which is currently at 0.0).
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About Ben Thanh Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ben Thanh Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ben Thanh using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ben Thanh Rubber 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 Ben Thanh
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 Ben Thanh 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 Ben Thanh will appreciate offsetting losses from the drop in the long position's value.Moving against Ben Stock
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| 0.79 | AAM | Mekong Fisheries JSC | PairCorr |
The ability to find closely correlated positions to Ben Thanh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ben Thanh 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 Ben Thanh - 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 Ben Thanh Rubber to buy it.
The correlation of Ben Thanh 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 Ben Thanh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ben Thanh Rubber 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 Ben Thanh 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.Other Information on Investing in Ben Stock
Ben Thanh financial ratios help investors to determine whether Ben Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ben with respect to the benefits of owning Ben Thanh security.