GPT Beta vs. Total Asset
| 46T Stock | EUR 2.65 0.01 0.38% |
For GPT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GPT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GPT Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GPT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GPT Group over time as well as its relative position and ranking within its peers.
GPT |
GPT Group Total Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GPT's current stock value. Our valuation model uses many indicators to compare GPT value to that of its competitors to determine the firm's financial worth. GPT Group is rated below average in beta category among its peers. It is rated below average in total asset category among its peers fabricating about 69,176,800,000 of Total Asset per Beta. 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 GPT's earnings, one of the primary drivers of an investment's value.GPT Total Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
GPT |
| = | 0.25 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
GPT |
| = | 17.29 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
GPT Total Asset Comparison
GPT is rated below average in total asset category among its peers.
Beta Analysis
As returns on the market increase, GPT's returns are expected to increase less than the market. However, during the bear market, the loss of holding GPT is expected to be smaller as well.
GPT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GPT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GPT will eventually generate negative long term returns. The profitability progress is the general direction of GPT's change in net profit over the period of time. It can combine multiple indicators of GPT, 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.
The GPT Group is one of Australias largest diversified property groups and a top 50 ASX listed company by market capitalisation. The Group has a substantial investor base with more than 32,000 shareholders. GPT operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange.
GPT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GPT. 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 GPT 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 GPT's important profitability drivers and their relationship over time.
Use GPT 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 GPT 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 GPT will appreciate offsetting losses from the drop in the long position's value.GPT Pair Trading
GPT Group Pair Trading Analysis
The ability to find closely correlated positions to GPT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GPT 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 GPT - 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 GPT Group to buy it.
The correlation of GPT 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 GPT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GPT Group 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 GPT 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 GPT position
In addition to having GPT 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 ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 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 ISP Theme or any other thematic opportunities.
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Other Information on Investing in GPT Stock
To fully project GPT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GPT Group 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 GPT's income statement, its balance sheet, and the statement of cash flows.