Jiangsu Jiangnan Current Valuation vs. Market Capitalization
| 601199 Stock | 5.44 0.04 0.74% |
For Jiangsu Jiangnan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangsu Jiangnan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangsu Jiangnan Water utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangsu Jiangnan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangsu Jiangnan Water over time as well as its relative position and ranking within its peers.
Jiangsu |
Jiangsu Jiangnan Water Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jiangsu Jiangnan's current stock value. Our valuation model uses many indicators to compare Jiangsu Jiangnan value to that of its competitors to determine the firm's financial worth. Jiangsu Jiangnan Water is the top company in current valuation category among its peers. It also is number one stock in market capitalization category among its peers creating about 1.01 of Market Capitalization per Current Valuation. Comparative valuation analysis is a catch-all model that can be used if you cannot value Jiangsu Jiangnan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jiangsu Jiangnan'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.Jiangsu Current Valuation vs. Competition
Jiangsu Jiangnan Water is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is presently estimated at about 399.61 Billion. Jiangsu Jiangnan claims roughly 4.98 Billion in current valuation contributing just under 2% to Utilities industry.
Jiangsu Market Capitalization vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Jiangsu Jiangnan |
| = | 4.98 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Jiangsu Jiangnan |
| = | 5.05 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Jiangsu Market Capitalization vs Competition
Jiangsu Jiangnan Water is number one stock in market capitalization category among its peers. Market capitalization of Utilities industry is presently estimated at about 312.93 Billion. Jiangsu Jiangnan claims roughly 5.05 Billion in market capitalization contributing just under 2% to Utilities industry.
Jiangsu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jiangsu Jiangnan. 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 Jiangsu Jiangnan 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 Jiangsu Jiangnan's important profitability drivers and their relationship over time.
Use Jiangsu Jiangnan 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 Jiangsu Jiangnan 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 Jiangsu Jiangnan will appreciate offsetting losses from the drop in the long position's value.Jiangsu Jiangnan Pair Trading
Jiangsu Jiangnan Water Pair Trading Analysis
The ability to find closely correlated positions to Jiangsu Jiangnan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangsu Jiangnan 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 Jiangsu Jiangnan - 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 Jiangsu Jiangnan Water to buy it.
The correlation of Jiangsu Jiangnan 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 Jiangsu Jiangnan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangsu Jiangnan Water 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 Jiangsu Jiangnan 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 Jiangsu Jiangnan position
In addition to having Jiangsu Jiangnan 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 Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 45 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 Wireless Theme or any other thematic opportunities.
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Other Information on Investing in Jiangsu Stock
To fully project Jiangsu Jiangnan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangsu Jiangnan Water 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 Jiangsu Jiangnan's income statement, its balance sheet, and the statement of cash flows.