SK Bioscience Shares Outstanding vs. Revenue
| 302440 Stock | 57,300 200.00 0.35% |
For SK Bioscience profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SK Bioscience to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SK Bioscience Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SK Bioscience's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SK Bioscience Co over time as well as its relative position and ranking within its peers.
302440 |
SK Bioscience Revenue vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SK Bioscience's current stock value. Our valuation model uses many indicators to compare SK Bioscience value to that of its competitors to determine the firm's financial worth. SK Bioscience Co is number one stock in shares outstanding category among its peers. It also is the top company in revenue category among its peers totaling about 12,099 of Revenue per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value SK Bioscience by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SK Bioscience'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.302440 Revenue vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
SK Bioscience |
| = | 76.78 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
SK Bioscience |
| = | 929 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.
302440 Revenue vs Competition
SK Bioscience Co is the top company in revenue category among its peers. Market size based on revenue of Biotechnology industry is presently estimated at about 2.33 Trillion. SK Bioscience totals roughly 929 Billion in revenue claiming about 40% of stocks in Biotechnology industry.
302440 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SK Bioscience. 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 SK Bioscience 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 SK Bioscience's important profitability drivers and their relationship over time.
Use SK Bioscience 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 SK Bioscience 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 SK Bioscience will appreciate offsetting losses from the drop in the long position's value.SK Bioscience Pair Trading
SK Bioscience Co Pair Trading Analysis
The ability to find closely correlated positions to SK Bioscience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Bioscience 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 SK Bioscience - 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 SK Bioscience Co to buy it.
The correlation of SK Bioscience 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 SK Bioscience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Bioscience 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 SK Bioscience 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 SK Bioscience position
In addition to having SK Bioscience 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in 302440 Stock
To fully project SK Bioscience's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SK Bioscience 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 SK Bioscience's income statement, its balance sheet, and the statement of cash flows.