Parade Technologies Revenue vs. Book Value Per Share

4966 Stock  TWD 773.00  31.00  4.18%   
Based on Parade Technologies' profitability indicators, Parade Technologies may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Parade Technologies' ability to earn profits and add value for shareholders.
For Parade Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parade Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parade Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parade Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parade Technologies over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Parade Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Parade Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parade Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Parade Technologies Book Value Per Share vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Parade Technologies's current stock value. Our valuation model uses many indicators to compare Parade Technologies value to that of its competitors to determine the firm's financial worth.
Parade Technologies is the top company in revenue category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for Parade Technologies is about  90,393,343 . 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 Parade Technologies' earnings, one of the primary drivers of an investment's value.

Parade Revenue vs. Competition

Parade Technologies is the top company in revenue category among its peers. Market size based on revenue of Semiconductors industry is presently estimated at about 312.19 Billion. Parade Technologies holds roughly 19.99 Billion in revenue claiming about 6% of equities listed under Semiconductors industry.

Parade Book Value Per Share vs. Revenue

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.

Parade Technologies

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
19.99 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Parade Technologies

Book Value per Share

 = 

Common Equity

Average Shares

 = 
221.20 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Parade Book Value Per Share Comparison

Parade Technologies is currently under evaluation in book value per share category among its peers.

Parade Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Parade Technologies. 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 Parade Technologies 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 Parade Technologies' important profitability drivers and their relationship over time.

Use Parade Technologies 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 Parade Technologies 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 Parade Technologies will appreciate offsetting losses from the drop in the long position's value.

Parade Technologies Pair Trading

Parade Technologies Pair Trading Analysis

The ability to find closely correlated positions to Parade Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parade Technologies 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 Parade Technologies - 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 Parade Technologies to buy it.
The correlation of Parade Technologies 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 Parade Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parade Technologies 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 Parade Technologies 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Parade Technologies position

In addition to having Parade Technologies 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 Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Additional Tools for Parade Stock Analysis

When running Parade Technologies' price analysis, check to measure Parade Technologies' 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 Parade Technologies is operating at the current time. Most of Parade Technologies' value examination focuses on studying past and present price action to predict the probability of Parade Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parade Technologies' price. Additionally, you may evaluate how the addition of Parade Technologies to your portfolios can decrease your overall portfolio volatility.