First Copper Current Valuation vs. Profit Margin
| 2009 Stock | TWD 38.30 0.90 2.30% |
For First Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Copper Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Copper Technology over time as well as its relative position and ranking within its peers.
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First Copper Technology Profit Margin vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Copper's current stock value. Our valuation model uses many indicators to compare First Copper value to that of its competitors to determine the firm's financial worth. First Copper Technology is rated below average in current valuation category among its peers. It is rated third in profit margin category among its peers . The ratio of Current Valuation to Profit Margin for First Copper Technology is about 198,376,199,096 . 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 First Copper's earnings, one of the primary drivers of an investment's value.First Current Valuation vs. Competition
First Copper Technology is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 336.34 Billion. First Copper holds roughly 13.17 Billion in current valuation claiming about 4% of all equities under Materials industry.
First Profit Margin vs. Current Valuation
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.
First Copper |
| = | 13.17 B |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
First Copper |
| = | 0.07 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
First Profit Margin Comparison
First Copper is currently under evaluation in profit margin category among its peers.
First Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Copper will eventually generate negative long term returns. The profitability progress is the general direction of First Copper's change in net profit over the period of time. It can combine multiple indicators of First Copper, 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.
First Copper Technology Co., Ltd. produces and sells copper and copper alloy strips worldwide. First Copper Technology Co., Ltd. was founded in 1969 and is headquartered in Kaohsiung City, Taiwan. FIRST COPPER operates under Copper classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 274 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Copper. 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 First Copper 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 First Copper's important profitability drivers and their relationship over time.
Use First Copper 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 First Copper 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 First Copper will appreciate offsetting losses from the drop in the long position's value.First Copper Pair Trading
First Copper Technology Pair Trading Analysis
The ability to find closely correlated positions to First Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Copper 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 First Copper - 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 First Copper Technology to buy it.
The correlation of First Copper 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 First Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Copper Technology 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 First Copper 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 First Copper position
In addition to having First Copper 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small & Mid Caps ETFs theme has 19 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 Small & Mid Caps ETFs Theme or any other thematic opportunities.
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Additional Tools for First Stock Analysis
When running First Copper's price analysis, check to measure First Copper'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 First Copper is operating at the current time. Most of First Copper's value examination focuses on studying past and present price action to predict the probability of First Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Copper's price. Additionally, you may evaluate how the addition of First Copper to your portfolios can decrease your overall portfolio volatility.