Thinkon Semiconductor Price To Sales vs. Revenue
| 688233 Stock | 21.40 0.21 0.97% |
For Thinkon Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thinkon Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thinkon Semiconductor Jinzhou utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thinkon Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thinkon Semiconductor Jinzhou over time as well as its relative position and ranking within its peers.
Thinkon |
Thinkon Semiconductor Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thinkon Semiconductor's current stock value. Our valuation model uses many indicators to compare Thinkon Semiconductor value to that of its competitors to determine the firm's financial worth. Thinkon Semiconductor Jinzhou is number one stock in price to sales category among its peers. It also is the top company in revenue category among its peers totaling about 8,516,325 of Revenue per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Thinkon Semiconductor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thinkon Semiconductor'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.Thinkon Revenue 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.
Thinkon Semiconductor |
| = | 15.86 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.
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.
Thinkon Semiconductor |
| = | 135.03 M |
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.
Thinkon Revenue vs Competition
Thinkon Semiconductor Jinzhou is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 27.89 Billion. Thinkon Semiconductor adds roughly 135.03 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Thinkon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thinkon Semiconductor. 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 Thinkon Semiconductor 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 Thinkon Semiconductor's important profitability drivers and their relationship over time.
Use Thinkon Semiconductor 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 Thinkon Semiconductor 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 Thinkon Semiconductor will appreciate offsetting losses from the drop in the long position's value.Thinkon Semiconductor Pair Trading
Thinkon Semiconductor Jinzhou Pair Trading Analysis
The ability to find closely correlated positions to Thinkon Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thinkon Semiconductor 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 Thinkon Semiconductor - 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 Thinkon Semiconductor Jinzhou to buy it.
The correlation of Thinkon Semiconductor 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 Thinkon Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thinkon Semiconductor 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 Thinkon Semiconductor 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 Thinkon Semiconductor position
In addition to having Thinkon Semiconductor 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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Other Information on Investing in Thinkon Stock
To fully project Thinkon Semiconductor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thinkon Semiconductor 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 Thinkon Semiconductor's income statement, its balance sheet, and the statement of cash flows.