ALTEOGEN Revenue vs. Target Price

196170 Stock  KRW 318,000  7,000  2.15%   
Considering ALTEOGEN's profitability and operating efficiency indicators, ALTEOGEN may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess ALTEOGEN's ability to earn profits and add value for shareholders.
For ALTEOGEN profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ALTEOGEN to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ALTEOGEN utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ALTEOGEN's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ALTEOGEN over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between ALTEOGEN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALTEOGEN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALTEOGEN'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.

ALTEOGEN Target Price vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ALTEOGEN's current stock value. Our valuation model uses many indicators to compare ALTEOGEN value to that of its competitors to determine the firm's financial worth.
ALTEOGEN is rated third in revenue category among its peers. It is number one stock in target price category among its peers . The ratio of Revenue to Target Price for ALTEOGEN is about  632,663 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ALTEOGEN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ALTEOGEN'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.

ALTEOGEN Revenue vs. Competition

ALTEOGEN is rated third in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 1.45 Trillion. ALTEOGEN holds roughly 41.12 Billion in revenue claiming about 2.83% of equities under Health Care industry.

ALTEOGEN Target Price 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.

ALTEOGEN

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
41.12 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.

ALTEOGEN

 = 
65000.0

ALTEOGEN Profitability Driver Comparison

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

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

ALTEOGEN Pair Trading

ALTEOGEN Pair Trading Analysis

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

In addition to having ALTEOGEN 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 Cleaning Thematic Idea Now

Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 38 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 Cleaning Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in ALTEOGEN Stock

To fully project ALTEOGEN's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ALTEOGEN 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 ALTEOGEN's income statement, its balance sheet, and the statement of cash flows.
Potential ALTEOGEN investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ALTEOGEN investors may work on each financial statement separately, they are all related. The changes in ALTEOGEN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ALTEOGEN'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.