Saigon Machinery Spare Stock Current Valuation
| SMA Stock | 11,400 500.00 4.59% |
Valuation analysis of Saigon Machinery Spare helps investors to measure Saigon Machinery's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Saigon Machinery's price fluctuation is very steady at this time. Calculation of the real value of Saigon Machinery Spare is based on 3 months time horizon. Increasing Saigon Machinery's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Saigon Machinery is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Saigon Stock. However, Saigon Machinery's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11400.0 | Real 9010.47 | Hype 11400.0 |
The intrinsic value of Saigon Machinery's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Saigon Machinery's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Saigon Machinery Spare helps investors to forecast how Saigon stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Saigon Machinery more accurately as focusing exclusively on Saigon Machinery's fundamentals will not take into account other important factors: Saigon Machinery Spare Company Current Valuation Analysis
Saigon Machinery's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Saigon Machinery Spare has a Current Valuation of 0.0. This is 100.0% lower than that of the Utilities sector and about the same as Electrical Utilities & IPPs (which currently averages 0.0) industry. The current valuation for all Vietnam stocks is 100.0% higher than that of the company.
Saigon Machinery Spare is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electrical Utilities & IPPs industry is at this time estimated at about 0.0. Saigon Machinery adds roughly 0.0 in current valuation claiming only tiny portion of equities under Electrical Utilities & IPPs industry.
About Saigon Machinery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Saigon Machinery Spare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Saigon Machinery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Saigon Machinery Spare 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 Saigon Machinery
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 Saigon Machinery 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 Saigon Machinery will appreciate offsetting losses from the drop in the long position's value.Moving against Saigon Stock
| 0.75 | ABT | Bentre Aquaproduct Import | PairCorr |
| 0.73 | AME | Alphanam ME | PairCorr |
| 0.66 | AAA | An Phat Plastic | PairCorr |
| 0.62 | ADS | Damsan JSC | PairCorr |
| 0.58 | AAM | Mekong Fisheries JSC | PairCorr |
The ability to find closely correlated positions to Saigon Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saigon Machinery 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 Saigon Machinery - 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 Saigon Machinery Spare to buy it.
The correlation of Saigon Machinery 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 Saigon Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saigon Machinery Spare 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 Saigon Machinery 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 Saigon Stock
Saigon Machinery financial ratios help investors to determine whether Saigon 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 Saigon with respect to the benefits of owning Saigon Machinery security.