Tcc Steel Shares Owned By Insiders vs. Price To Book

002710 Stock   29,700  500.00  1.71%   
Taking into consideration Tcc Steel's profitability measurements, Tcc Steel may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess Tcc Steel's ability to earn profits and add value for shareholders.
For Tcc Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tcc Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tcc Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tcc Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tcc Steel over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tcc Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tcc Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tcc Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tcc Steel Price To Book vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tcc Steel's current stock value. Our valuation model uses many indicators to compare Tcc Steel value to that of its competitors to determine the firm's financial worth.
Tcc Steel is number one stock in shares owned by insiders category among its peers. It also is number one stock in price to book category among its peers fabricating about  0.03  of Price To Book per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Book for Tcc Steel is roughly  29.86 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tcc Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tcc Steel'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.

Tcc Price To Book vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Tcc Steel

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
40.64 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.

Tcc Steel

P/B

 = 

MV Per Share

BV Per Share

 = 
1.36 X
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.

Tcc Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tcc Steel. 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 Tcc Steel 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 Tcc Steel's important profitability drivers and their relationship over time.

Use Tcc Steel 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 Tcc Steel 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 Tcc Steel will appreciate offsetting losses from the drop in the long position's value.

Tcc Steel Pair Trading

Tcc Steel Pair Trading Analysis

The ability to find closely correlated positions to Tcc Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tcc Steel 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 Tcc Steel - 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 Tcc Steel to buy it.
The correlation of Tcc Steel 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 Tcc Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tcc Steel 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 Tcc Steel 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tcc Steel position

In addition to having Tcc Steel 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.

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Medical Equipment
Medical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment 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 Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Tcc Stock

To fully project Tcc Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tcc Steel 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 Tcc Steel's income statement, its balance sheet, and the statement of cash flows.
Potential Tcc Steel investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Tcc Steel investors may work on each financial statement separately, they are all related. The changes in Tcc Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tcc Steel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.