Chung Hsin Price To Book vs. Revenue
| 1513 Stock | TWD 153.00 3.00 1.92% |
For Chung Hsin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chung Hsin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chung Hsin Electric Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chung Hsin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chung Hsin Electric Machinery over time as well as its relative position and ranking within its peers.
Chung |
Chung Hsin Electric Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chung Hsin's current stock value. Our valuation model uses many indicators to compare Chung Hsin value to that of its competitors to determine the firm's financial worth. Chung Hsin Electric Machinery is number one stock in price to book category among its peers. It is rated third in revenue category among its peers totaling about 7,331,310,909 of Revenue per Price To Book. 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 Chung Hsin's earnings, one of the primary drivers of an investment's value.Chung Revenue vs. Price To Book
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.
Chung Hsin |
| = | 2.46 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.
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.
Chung Hsin |
| = | 18.02 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.
Chung Revenue vs Competition
Chung Hsin Electric Machinery is rated third in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 398.88 Billion. Chung Hsin holds roughly 18.02 Billion in revenue claiming about 5% of equities under Industrials industry.
Chung Hsin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chung Hsin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chung Hsin will eventually generate negative long term returns. The profitability progress is the general direction of Chung Hsin's change in net profit over the period of time. It can combine multiple indicators of Chung Hsin, 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.
Corp., together with its subsidiaries, manufactures and sells electric motors and generators in Taiwan and internationally. Corp. was founded in 1956 and is headquartered in New Taipei City, Taiwan. CHUNG HSIN is traded on Taiwan Stock Exchange in Taiwan.
Chung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chung Hsin. 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 Chung Hsin 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 Chung Hsin's important profitability drivers and their relationship over time.
Use Chung Hsin 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 Chung Hsin 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 Chung Hsin will appreciate offsetting losses from the drop in the long position's value.Chung Hsin Pair Trading
Chung Hsin Electric Machinery Pair Trading Analysis
The ability to find closely correlated positions to Chung Hsin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chung Hsin 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 Chung Hsin - 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 Chung Hsin Electric Machinery to buy it.
The correlation of Chung Hsin 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 Chung Hsin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chung Hsin Electric 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 Chung Hsin 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 Chung Hsin position
In addition to having Chung Hsin 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?
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Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Additional Tools for Chung Stock Analysis
When running Chung Hsin's price analysis, check to measure Chung Hsin'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 Chung Hsin is operating at the current time. Most of Chung Hsin's value examination focuses on studying past and present price action to predict the probability of Chung Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Hsin's price. Additionally, you may evaluate how the addition of Chung Hsin to your portfolios can decrease your overall portfolio volatility.