Hua Nan Price To Book vs. Total Debt
| 2880 Stock | TWD 27.05 0.15 0.55% |
For Hua Nan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hua Nan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hua Nan Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hua Nan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hua Nan Financial over time as well as its relative position and ranking within its peers.
Hua |
Hua Nan Financial Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hua Nan's current stock value. Our valuation model uses many indicators to compare Hua Nan value to that of its competitors to determine the firm's financial worth. Hua Nan Financial is rated second in price to book category among its peers. It is rated fourth in total debt category among its peers making up about 226,469,912,724 of Total Debt 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 Hua Nan's earnings, one of the primary drivers of an investment's value.Hua Total Debt 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.
Hua Nan |
| = | 1.74 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Hua Nan |
| = | 394.42 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Hua Total Debt vs Competition
Hua Nan Financial is rated fourth in total debt category among its peers. Total debt of Financials industry is presently estimated at about 2.79 Trillion. Hua Nan retains roughly 394.42 Billion in total debt claiming about 14% of equities under Financials industry.
Hua Nan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hua Nan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hua Nan will eventually generate negative long term returns. The profitability progress is the general direction of Hua Nan's change in net profit over the period of time. It can combine multiple indicators of Hua Nan, 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.
Hua Nan Financial Holdings Co., Ltd., together with its subsidiaries, provides financial services in Taiwan and internationally. The company was founded in 1919 and is headquartered in Taipei, Taiwan. HUA NAN operates under BanksRegional classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 10808 people.
Hua Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hua Nan. 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 Hua Nan 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 Hua Nan's important profitability drivers and their relationship over time.
Use Hua Nan 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 Hua Nan 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 Hua Nan will appreciate offsetting losses from the drop in the long position's value.Hua Nan Pair Trading
Hua Nan Financial Pair Trading Analysis
The ability to find closely correlated positions to Hua Nan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hua Nan 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 Hua Nan - 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 Hua Nan Financial to buy it.
The correlation of Hua Nan 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 Hua Nan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hua Nan Financial 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 Hua Nan 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 Hua Nan position
In addition to having Hua Nan 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Additional Tools for Hua Stock Analysis
When running Hua Nan's price analysis, check to measure Hua Nan'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 Hua Nan is operating at the current time. Most of Hua Nan's value examination focuses on studying past and present price action to predict the probability of Hua Nan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Nan's price. Additionally, you may evaluate how the addition of Hua Nan to your portfolios can decrease your overall portfolio volatility.