HTC Corp Current Valuation vs. Price To Book
| 2498 Stock | TWD 41.25 0.35 0.84% |
For HTC Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HTC Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HTC Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HTC Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HTC Corp over time as well as its relative position and ranking within its peers.
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HTC Corp Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HTC Corp's current stock value. Our valuation model uses many indicators to compare HTC Corp value to that of its competitors to determine the firm's financial worth. HTC Corp is rated below average in current valuation category among its peers. It is rated second in price to book category among its peers . The ratio of Current Valuation to Price To Book for HTC Corp is about 17,629,515,507 . 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 HTC Corp's earnings, one of the primary drivers of an investment's value.HTC Current Valuation vs. Competition
HTC Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 2.76 Trillion. HTC Corp claims roughly 32.34 Billion in current valuation contributing just under 2% to equities under Information Technology industry.
HTC Price To Book 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.
HTC Corp |
| = | 32.34 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.
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.
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| = | 1.83 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.
HTC Price To Book Comparison
HTC Corp is currently under evaluation in price to book category among its peers.
HTC Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HTC Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HTC Corp will eventually generate negative long term returns. The profitability progress is the general direction of HTC Corp's change in net profit over the period of time. It can combine multiple indicators of HTC Corp, 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.
HTC Corporation, together with its subsidiaries, designs, manufactures, assembles, processes, and sells smart mobile and virtual reality devices in Taiwan and internationally. HTC Corporation was founded in 1997 and is headquartered in Taoyuan, Taiwan. HTC CORPORATION operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
HTC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HTC Corp. 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 HTC Corp 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 HTC Corp's important profitability drivers and their relationship over time.
Use HTC Corp 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 HTC Corp 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 HTC Corp will appreciate offsetting losses from the drop in the long position's value.HTC Corp Pair Trading
HTC Corp Pair Trading Analysis
The ability to find closely correlated positions to HTC Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HTC Corp 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 HTC Corp - 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 HTC Corp to buy it.
The correlation of HTC Corp 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 HTC Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HTC Corp 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 HTC Corp 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 HTC Corp position
In addition to having HTC Corp 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 Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 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 Single Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for HTC Stock Analysis
When running HTC Corp's price analysis, check to measure HTC Corp'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 HTC Corp is operating at the current time. Most of HTC Corp's value examination focuses on studying past and present price action to predict the probability of HTC Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HTC Corp's price. Additionally, you may evaluate how the addition of HTC Corp to your portfolios can decrease your overall portfolio volatility.