Generation Asia I Stock Price To Book
Generation Asia I fundamentals help investors to digest information that contributes to Generation Asia's financial success or failures. It also enables traders to predict the movement of Generation Stock. The fundamental analysis module provides a way to measure Generation Asia'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 Generation Asia stock.
Generation |
Generation Asia I Company Price To Book Analysis
Generation Asia's 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.
Current Generation Asia Price To Book | 4.47 X |
Most of Generation Asia's fundamental indicators, such as Price To Book, 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, Generation Asia I is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Generation Asia I has a Price To Book of 4.4749 times. This is 2.29% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The price to book for all United States stocks is 52.95% higher than that of the company.
Generation Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Generation Asia's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Generation Asia could also be used in its relative valuation, which is a method of valuing Generation Asia by comparing valuation metrics of similar companies.Generation Asia is currently under evaluation in price to book category among its peers.
Generation Fundamentals
| Return On Equity | 0.0646 | |||
| Return On Asset | -0.006 | |||
| Current Valuation | 91.74 M | |||
| Shares Outstanding | 4.79 M | |||
| Shares Owned By Institutions | 63.82 % | |||
| Number Of Shares Shorted | 2.99 K | |||
| Price To Book | 4.47 X | |||
| EBITDA | (1.19 M) | |||
| Net Income | 6.97 M | |||
| Cash And Equivalents | 372.62 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.5 M | |||
| Current Ratio | 1.85 X | |||
| Book Value Per Share | (0.84) X | |||
| Cash Flow From Operations | (717.94 K) | |||
| Short Ratio | 37.80 X | |||
| Earnings Per Share | 0.21 X | |||
| Beta | 0.08 | |||
| Market Capitalization | 89.37 M | |||
| Total Asset | 84.2 M | |||
| Retained Earnings | (5.28 M) | |||
| Working Capital | 185.84 K | |||
| Net Asset | 84.2 M |
Pair Trading with Generation Asia
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 Generation Asia 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 Generation Asia will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Oracle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oracle 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 Oracle - 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 Oracle to buy it.
The correlation of Oracle 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 Oracle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oracle 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 Oracle 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 Risk vs Return Analysis 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Generation Stock
If you are still planning to invest in Generation Asia I 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 Generation Asia's history and understand the potential risks before investing.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |