Holitech Technology Book Value Per Share vs. Market Capitalization
| 002217 Stock | 2.06 0.04 1.90% |
For Holitech Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Holitech Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Holitech Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Holitech Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Holitech Technology Co over time as well as its relative position and ranking within its peers.
Holitech |
Holitech Technology Market Capitalization vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Holitech Technology's current stock value. Our valuation model uses many indicators to compare Holitech Technology value to that of its competitors to determine the firm's financial worth. Holitech Technology Co is rated fourth in book value per share category among its peers. It is number one stock in market capitalization category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Holitech Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Holitech Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Holitech Market Capitalization vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Holitech Technology |
| = | (2.48) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Holitech Technology |
| = | 15.26 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Holitech Market Capitalization vs Competition
Holitech Technology Co is number one stock in market capitalization category among its peers. Market capitalization of Information Technology industry is presently estimated at about 84.61 Billion. Holitech Technology retains roughly 15.26 Billion in market capitalization claiming about 18% of equities under Information Technology industry.
Holitech Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Holitech Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Holitech Technology will eventually generate negative long term returns. The profitability progress is the general direction of Holitech Technology's change in net profit over the period of time. It can combine multiple indicators of Holitech Technology, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 7.4 M | 7 M | |
| Net Loss | -3.1 B | -3 B | |
| Net Loss | -10.8 B | -10.3 B | |
| Operating Income | -987.5 M | -938.2 M | |
| Income Before Tax | -10 B | -9.5 B | |
| Income Tax Expense | -517 M | -491.2 M | |
| Net Loss | -11.3 B | -10.7 B | |
| Total Other Income Expense Net | 26.7 M | 28 M | |
| Net Interest Income | -631.6 M | -663.2 M | |
| Interest Income | 28.7 M | 31.8 M | |
| Change To Netincome | 3.1 B | 3.2 B |
Holitech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Holitech Technology. 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 Holitech Technology 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 Holitech Technology's important profitability drivers and their relationship over time.
Use Holitech Technology 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 Holitech Technology 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 Holitech Technology will appreciate offsetting losses from the drop in the long position's value.Holitech Technology Pair Trading
Holitech Technology Co Pair Trading Analysis
The ability to find closely correlated positions to Holitech Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Holitech Technology 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 Holitech Technology - 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 Holitech Technology Co to buy it.
The correlation of Holitech Technology 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 Holitech Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Holitech Technology 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 Holitech Technology 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 Holitech Technology position
In addition to having Holitech Technology 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?
Run Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
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Other Information on Investing in Holitech Stock
To fully project Holitech Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Holitech Technology 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 Holitech Technology's income statement, its balance sheet, and the statement of cash flows.