Higher Way Net Income vs. Earnings Per Share
| 3268 Stock | TWD 23.55 0.25 1.05% |
For Higher Way profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Higher Way to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Higher Way Electronic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Higher Way's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Higher Way Electronic over time as well as its relative position and ranking within its peers.
Higher |
Higher Way Electronic Earnings Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Higher Way's current stock value. Our valuation model uses many indicators to compare Higher Way value to that of its competitors to determine the firm's financial worth. Higher Way Electronic is number one stock in net income category among its peers. It also is number one stock in earnings per share category among its peers . The ratio of Net Income to Earnings Per Share for Higher Way Electronic is about 15,728,713 . 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 Higher Way's earnings, one of the primary drivers of an investment's value.Higher Earnings Per Share 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.
Higher Way |
| = | 31.77 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.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Higher Way |
| = | 2.02 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Higher Earnings Per Share Comparison
Higher Way is currently under evaluation in earnings per share category among its peers.
Higher Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Higher Way. 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 Higher Way 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 Higher Way's important profitability drivers and their relationship over time.
Use Higher Way 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 Higher Way 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 Higher Way will appreciate offsetting losses from the drop in the long position's value.Higher Way Pair Trading
Higher Way Electronic Pair Trading Analysis
The ability to find closely correlated positions to Higher Way could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Higher Way 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 Higher Way - 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 Higher Way Electronic to buy it.
The correlation of Higher Way 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 Higher Way moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Higher Way Electronic 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 Higher Way 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 Higher Way position
In addition to having Higher Way 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 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 World Allocation Funds Theme or any other thematic opportunities.
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Additional Tools for Higher Stock Analysis
When running Higher Way's price analysis, check to measure Higher Way'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 Higher Way is operating at the current time. Most of Higher Way's value examination focuses on studying past and present price action to predict the probability of Higher Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Higher Way's price. Additionally, you may evaluate how the addition of Higher Way to your portfolios can decrease your overall portfolio volatility.