Green World Revenue vs. Price To Earning
| 6763 Stock | TWD 65.00 3.00 4.41% |
For Green World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Green World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Green World Fintech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Green World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Green World Fintech over time as well as its relative position and ranking within its peers.
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Green World Fintech Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Green World's current stock value. Our valuation model uses many indicators to compare Green World value to that of its competitors to determine the firm's financial worth. Green World Fintech is the top company in revenue category among its peers. It also is number one stock in price to earning category among its peers . The ratio of Revenue to Price To Earning for Green World Fintech is about 52,273,541 . 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 Green World's earnings, one of the primary drivers of an investment's value.Green Revenue vs. Competition
Green World Fintech is the top company in revenue category among its peers. Market size based on revenue of Information Technology Services industry is presently estimated at about 56.31 Billion. Green World holds roughly 1.46 Billion in revenue claiming about 2.59% of equities under Information Technology Services industry.
Green Price To Earning 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.
Green World |
| = | 1.46 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Green World |
| = | 27.93 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Green Price To Earning Comparison
Green World is currently under evaluation in price to earning category among its peers.
Green World Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Green World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Green World will eventually generate negative long term returns. The profitability progress is the general direction of Green World's change in net profit over the period of time. It can combine multiple indicators of Green World, 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.
Green World Fintech Service Co., Ltd., a financial technology service company, provides third-party payment services. The company was founded in 1996 and is based in Taipei, Taiwan. GREEN WORLD operates under Information Technology Services classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 194 people.
Green Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Green World. 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 Green World 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 Green World's important profitability drivers and their relationship over time.
Use Green World 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 Green World 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 Green World will appreciate offsetting losses from the drop in the long position's value.Green World Pair Trading
Green World Fintech Pair Trading Analysis
The ability to find closely correlated positions to Green World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green World 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 Green World - 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 Green World Fintech to buy it.
The correlation of Green World 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 Green World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green World Fintech 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 Green World 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 Green World position
In addition to having Green World 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?
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Companies involved in production of aluminum. The Aluminum theme has 42 constituents at this time.
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Additional Tools for Green Stock Analysis
When running Green World's price analysis, check to measure Green World'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 Green World is operating at the current time. Most of Green World's value examination focuses on studying past and present price action to predict the probability of Green World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green World's price. Additionally, you may evaluate how the addition of Green World to your portfolios can decrease your overall portfolio volatility.