InnoDisk Price To Sales vs. Return On Equity

5289 Stock  TWD 210.50  0.50  0.24%   
Taking into consideration InnoDisk's profitability measurements, InnoDisk 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 InnoDisk's ability to earn profits and add value for shareholders.
For InnoDisk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of InnoDisk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well InnoDisk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between InnoDisk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of InnoDisk 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 InnoDisk's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnoDisk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnoDisk's 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.

InnoDisk Return On Equity vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining InnoDisk's current stock value. Our valuation model uses many indicators to compare InnoDisk value to that of its competitors to determine the firm's financial worth.
InnoDisk is rated below average in price to sales category among its peers. It is rated below average in return on equity category among its peers reporting about  0.19  of Return On Equity per Price To Sales. The ratio of Price To Sales to Return On Equity for InnoDisk is roughly  5.38 . 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 InnoDisk's earnings, one of the primary drivers of an investment's value.

InnoDisk Return On Equity 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.

InnoDisk

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.54 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

InnoDisk

Return On Equity

 = 

Net Income

Total Equity

 = 
0.29
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

InnoDisk Return On Equity Comparison

InnoDisk is rated fifth in return on equity category among its peers.

InnoDisk Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in InnoDisk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, InnoDisk will eventually generate negative long term returns. The profitability progress is the general direction of InnoDisk's change in net profit over the period of time. It can combine multiple indicators of InnoDisk, 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.
Innodisk Corporation researchs, develops, manufactures, and sales industrial embedded storage devices in Taiwan. Innodisk Corporation was founded in 2005 and is headquartered in New Taipei City, Taiwan. INNODISK CORPORATION operates under Computer Hardware classification in Taiwan and is traded on Taiwan OTC Exchange.

InnoDisk Profitability Driver Comparison

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

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

InnoDisk Pair Trading

InnoDisk Pair Trading Analysis

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

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Additional Tools for InnoDisk Stock Analysis

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