Hong Yi Revenue vs. Current Valuation
| 1452 Stock | TWD 15.75 0.15 0.94% |
For Hong Yi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hong Yi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hong Yi Fiber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hong Yi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hong Yi Fiber over time as well as its relative position and ranking within its peers.
Hong |
Hong Yi Fiber Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hong Yi's current stock value. Our valuation model uses many indicators to compare Hong Yi value to that of its competitors to determine the firm's financial worth. Hong Yi Fiber is rated below average in revenue category among its peers. It also is rated below average in current valuation category among its peers reporting about 0.43 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Hong Yi Fiber is roughly 2.32 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hong Yi's earnings, one of the primary drivers of an investment's value.Hong Revenue vs. Competition
Hong Yi Fiber is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 50.13 Billion. Hong Yi holds roughly 2.1 Billion in revenue claiming about 4% of stocks in Consumer Discretionary industry.
Hong Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hong Yi |
| = | 2.1 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Hong Yi |
| = | 903.44 M |
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.
Hong Current Valuation vs Competition
Hong Yi Fiber is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is presently estimated at about 71.87 Billion. Hong Yi claims roughly 903.44 Million in current valuation contributing just under 2% to stocks in Consumer Discretionary industry.
Hong Yi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hong Yi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hong Yi will eventually generate negative long term returns. The profitability progress is the general direction of Hong Yi's change in net profit over the period of time. It can combine multiple indicators of Hong Yi, 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.
Co., Ltd. manufactures and sells polyester textured yarns in Taiwan. The company was founded in 1968 and is based in Taipei City, Taiwan. HONG YI operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Hong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hong Yi. 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 Hong Yi 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 Hong Yi's important profitability drivers and their relationship over time.
Use Hong Yi 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 Hong Yi 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 Hong Yi will appreciate offsetting losses from the drop in the long position's value.Hong Yi Pair Trading
Hong Yi Fiber Pair Trading Analysis
The ability to find closely correlated positions to Hong Yi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hong Yi 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 Hong Yi - 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 Hong Yi Fiber to buy it.
The correlation of Hong Yi 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 Hong Yi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hong Yi Fiber 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 Hong Yi 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 Hong Yi position
In addition to having Hong Yi 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 Defense Thematic Idea Now
Defense
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 16 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 Defense Theme or any other thematic opportunities.
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Additional Tools for Hong Stock Analysis
When running Hong Yi's price analysis, check to measure Hong Yi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hong Yi is operating at the current time. Most of Hong Yi's value examination focuses on studying past and present price action to predict the probability of Hong Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Yi's price. Additionally, you may evaluate how the addition of Hong Yi to your portfolios can decrease your overall portfolio volatility.