Xinjiang Baodi Return On Equity vs. Price To Sales
| 601121 Stock | 7.09 0.11 1.58% |
For Xinjiang Baodi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xinjiang Baodi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xinjiang Baodi Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xinjiang Baodi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xinjiang Baodi Mining over time as well as its relative position and ranking within its peers.
Xinjiang |
Xinjiang Baodi Mining Price To Sales vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xinjiang Baodi's current stock value. Our valuation model uses many indicators to compare Xinjiang Baodi value to that of its competitors to determine the firm's financial worth. Xinjiang Baodi Mining is rated fifth in return on equity category among its peers. It is number one stock in price to sales category among its peers fabricating about 50.16 of Price To Sales per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Xinjiang Baodi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xinjiang Baodi's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Xinjiang Price To Sales vs. Return On Equity
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.
Xinjiang Baodi |
| = | 0.0873 |
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.
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.
Xinjiang Baodi |
| = | 4.38 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.
Xinjiang Price To Sales Comparison
Xinjiang Baodi is currently under evaluation in price to sales category among its peers.
Xinjiang Baodi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xinjiang Baodi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xinjiang Baodi will eventually generate negative long term returns. The profitability progress is the general direction of Xinjiang Baodi's change in net profit over the period of time. It can combine multiple indicators of Xinjiang Baodi, 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.
Xinjiang Baodi is entity of China. It is traded as Stock on SHG exchange.
Xinjiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xinjiang Baodi. 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 Xinjiang Baodi 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 Xinjiang Baodi's important profitability drivers and their relationship over time.
Use Xinjiang Baodi 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 Xinjiang Baodi 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 Xinjiang Baodi will appreciate offsetting losses from the drop in the long position's value.Xinjiang Baodi Pair Trading
Xinjiang Baodi Mining Pair Trading Analysis
The ability to find closely correlated positions to Xinjiang Baodi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xinjiang Baodi 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 Xinjiang Baodi - 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 Xinjiang Baodi Mining to buy it.
The correlation of Xinjiang Baodi 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 Xinjiang Baodi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xinjiang Baodi Mining 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 Xinjiang Baodi 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 Xinjiang Baodi position
In addition to having Xinjiang Baodi 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 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 Consumer Goods Theme or any other thematic opportunities.
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Other Information on Investing in Xinjiang Stock
To fully project Xinjiang Baodi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xinjiang Baodi Mining 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 Xinjiang Baodi's income statement, its balance sheet, and the statement of cash flows.