Hafnia Net Income vs. Price To Sales
| 1OQ Stock | EUR 4.98 0.28 5.96% |
For Hafnia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hafnia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hafnia Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hafnia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hafnia Limited over time as well as its relative position and ranking within its peers.
Hafnia |
Hafnia Limited Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hafnia's current stock value. Our valuation model uses many indicators to compare Hafnia value to that of its competitors to determine the firm's financial worth. Hafnia Limited is number one stock in net income category among its peers. It is rated second in price to sales category among its peers . The ratio of Net Income to Price To Sales for Hafnia Limited is about 32,645,567 . 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 Hafnia's earnings, one of the primary drivers of an investment's value.Hafnia Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Hafnia |
| = | 56.01 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hafnia |
| = | 1.72 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Hafnia Price To Sales Comparison
Hafnia is currently under evaluation in price to sales category among its peers.
Hafnia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hafnia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hafnia will eventually generate negative long term returns. The profitability progress is the general direction of Hafnia's change in net profit over the period of time. It can combine multiple indicators of Hafnia, 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.
The company operates through four segments Long Range II , Long Range I , Medium Range , and Handy size . As of January 8, 2021, it operated a fleet of 178 vessels in pools, including newbuilds, of which 103 are owned or chartered-in including six owned LR2s, 35 owned and chartered-in LR1s, 48 owned and chartered-in MRs, and 14 owned and chartered-in Handy vessels. HAFNIA is traded on Frankfurt Stock Exchange in Germany.
Hafnia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hafnia. 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 Hafnia 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 Hafnia's important profitability drivers and their relationship over time.
Use Hafnia 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 Hafnia 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 Hafnia will appreciate offsetting losses from the drop in the long position's value.Hafnia Pair Trading
Hafnia Limited Pair Trading Analysis
The ability to find closely correlated positions to Hafnia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hafnia 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 Hafnia - 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 Hafnia Limited to buy it.
The correlation of Hafnia 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 Hafnia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hafnia Limited 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 Hafnia 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 Hafnia position
In addition to having Hafnia 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 Music and Video Thematic Idea Now
Music and Video
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 36 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 Music and Video Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Hafnia Stock
When determining whether Hafnia Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hafnia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hafnia Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hafnia Limited Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project Hafnia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hafnia Limited 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 Hafnia's income statement, its balance sheet, and the statement of cash flows.