Kuang Hong Return On Equity vs. EBITDA
| 6596 Stock | 75.20 0.40 0.53% |
For Kuang Hong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kuang Hong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kuang Hong Arts utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kuang Hong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kuang Hong Arts over time as well as its relative position and ranking within its peers.
Kuang |
Kuang Hong Arts EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kuang Hong's current stock value. Our valuation model uses many indicators to compare Kuang Hong value to that of its competitors to determine the firm's financial worth. Kuang Hong Arts is number one stock in return on equity category among its peers. It also is number one stock in ebitda category among its peers . 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 Kuang Hong's earnings, one of the primary drivers of an investment's value.Kuang EBITDA 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.
Kuang Hong |
| = | -0.0586 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Kuang Hong |
| = | (74.15 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Kuang EBITDA Comparison
Kuang Hong is currently under evaluation in ebitda category among its peers.
Kuang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kuang Hong. 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 Kuang Hong 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 Kuang Hong's important profitability drivers and their relationship over time.
Use Kuang Hong 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 Kuang Hong 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 Kuang Hong will appreciate offsetting losses from the drop in the long position's value.Kuang Hong Pair Trading
Kuang Hong Arts Pair Trading Analysis
The ability to find closely correlated positions to Kuang Hong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kuang Hong 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 Kuang Hong - 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 Kuang Hong Arts to buy it.
The correlation of Kuang Hong 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 Kuang Hong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kuang Hong Arts 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 Kuang Hong 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 Kuang Hong position
In addition to having Kuang Hong 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 Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 34 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Kuang Stock Analysis
When running Kuang Hong's price analysis, check to measure Kuang Hong'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 Kuang Hong is operating at the current time. Most of Kuang Hong's value examination focuses on studying past and present price action to predict the probability of Kuang Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kuang Hong's price. Additionally, you may evaluate how the addition of Kuang Hong to your portfolios can decrease your overall portfolio volatility.