Niching Industrial Price To Sales vs. Shares Outstanding
| 3444 Stock | TWD 80.00 2.70 3.26% |
For Niching Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Niching Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Niching Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Niching Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Niching Industrial over time as well as its relative position and ranking within its peers.
Niching |
Niching Industrial Shares Outstanding vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Niching Industrial's current stock value. Our valuation model uses many indicators to compare Niching Industrial value to that of its competitors to determine the firm's financial worth. Niching Industrial is number one stock in price to sales category among its peers. It also is number one stock in shares outstanding category among its peers creating about 16,383,230 of Shares Outstanding per Price To Sales. 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 Niching Industrial's earnings, one of the primary drivers of an investment's value.Niching Shares Outstanding vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Niching Industrial |
| = | 2.45 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Niching Industrial |
| = | 40.21 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.
Niching Shares Outstanding Comparison
Niching Industrial is currently under evaluation in shares outstanding category among its peers.
Niching Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Niching Industrial. 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 Niching Industrial 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 Niching Industrial's important profitability drivers and their relationship over time.
Use Niching Industrial 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 Niching Industrial 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 Niching Industrial will appreciate offsetting losses from the drop in the long position's value.Niching Industrial Pair Trading
Niching Industrial Pair Trading Analysis
The ability to find closely correlated positions to Niching Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Niching Industrial 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 Niching Industrial - 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 Niching Industrial to buy it.
The correlation of Niching Industrial 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 Niching Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Niching Industrial 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 Niching Industrial 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 Niching Industrial position
In addition to having Niching Industrial 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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Additional Tools for Niching Stock Analysis
When running Niching Industrial's price analysis, check to measure Niching Industrial'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 Niching Industrial is operating at the current time. Most of Niching Industrial's value examination focuses on studying past and present price action to predict the probability of Niching Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niching Industrial's price. Additionally, you may evaluate how the addition of Niching Industrial to your portfolios can decrease your overall portfolio volatility.