Etao International Co, Stock Operating Margin
Etao International Co, fundamentals help investors to digest information that contributes to Etao International's financial success or failures. It also enables traders to predict the movement of Etao Stock. The fundamental analysis module provides a way to measure Etao International'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 Etao International stock.
Etao |
Etao International Co, Company Operating Margin Analysis
Etao International's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Etao International Operating Margin | (0.79) % |
Most of Etao International's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Etao International Co, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Etao International Co, has an Operating Margin of -0.7886%. This is 97.75% lower than that of the Health Care Equipment & Supplies sector and significantly lower than that of the Health Care industry. The operating margin for all United States stocks is 85.69% lower than that of the firm.
Etao Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Etao International's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Etao International could also be used in its relative valuation, which is a method of valuing Etao International by comparing valuation metrics of similar companies.Etao International is currently under evaluation in operating margin category among its peers.
Etao Fundamentals
| Return On Equity | -11.61 | |||
| Return On Asset | -4.15 | |||
| Operating Margin | (0.79) % | |||
| Current Valuation | 10.86 M | |||
| Shares Outstanding | 5.12 M | |||
| Shares Owned By Insiders | 55.09 % | |||
| Shares Owned By Institutions | 0.30 % | |||
| Number Of Shares Shorted | 52.04 K | |||
| Price To Sales | 0.35 X | |||
| Revenue | 58.06 M | |||
| Gross Profit | 19 M | |||
| EBITDA | (734.58 M) | |||
| Net Income | (897 M) | |||
| Total Debt | 15.41 M | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | 10.82 M | |||
| Short Ratio | 0.05 X | |||
| Earnings Per Share | (175.64) X | |||
| Number Of Employees | 3.6 K | |||
| Beta | 1.92 | |||
| Market Capitalization | 9.78 M | |||
| Total Asset | 52.99 M | |||
| Retained Earnings | (907.54 M) | |||
| Working Capital | (8.01 M) | |||
| Net Asset | 52.99 M |
Pair Trading with Etao International
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 Etao International 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 Etao International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dominion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominion Energy 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 Dominion Energy - 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 Dominion Energy to buy it.
The correlation of Dominion Energy 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 Dominion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominion Energy 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 Dominion Energy 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Etao Stock
If you are still planning to invest in Etao International Co, check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Etao International's history and understand the potential risks before investing.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Stocks Directory Find actively traded stocks across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |