Tycoons Worldwide Shares Outstanding vs. Revenue
| 911622 Stock | TWD 4.99 0.06 1.19% |
For Tycoons Worldwide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tycoons Worldwide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tycoons Worldwide Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tycoons Worldwide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tycoons Worldwide Group over time as well as its relative position and ranking within its peers.
Tycoons |
Tycoons Worldwide Revenue vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tycoons Worldwide's current stock value. Our valuation model uses many indicators to compare Tycoons Worldwide value to that of its competitors to determine the firm's financial worth. Tycoons Worldwide Group is number one stock in shares outstanding category among its peers. It also is the top company in revenue category among its peers totaling about 15.18 of Revenue per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tycoons Worldwide by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tycoons Worldwide'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.Tycoons Revenue vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Tycoons Worldwide |
| = | 596.75 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Tycoons Worldwide |
| = | 9.06 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.
Tycoons Revenue vs Competition
Tycoons Worldwide Group is the top company in revenue category among its peers. Market size based on revenue of Steel industry is presently estimated at about 31.33 Billion. Tycoons Worldwide totals roughly 9.06 Billion in revenue claiming about 29% of equities listed under Steel industry.
Tycoons Worldwide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tycoons Worldwide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tycoons Worldwide will eventually generate negative long term returns. The profitability progress is the general direction of Tycoons Worldwide's change in net profit over the period of time. It can combine multiple indicators of Tycoons Worldwide, 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.
Tycoons Worldwide Group Public Company Limited, together with its subsidiaries, manufactures, distributes, and exports steel wire rods, steel annealing wires, reinforced concrete bars, steel screws, and wire products in Thailand. Tycoons Worldwide Group Public Company Limited is a subsidiary of Tycoons Group International Co., Ltd. TYCOONS WORLDWIDE operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.
Tycoons Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tycoons Worldwide. 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 Tycoons Worldwide 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 Tycoons Worldwide's important profitability drivers and their relationship over time.
Use Tycoons Worldwide 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 Tycoons Worldwide 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 Tycoons Worldwide will appreciate offsetting losses from the drop in the long position's value.Tycoons Worldwide Pair Trading
Tycoons Worldwide Group Pair Trading Analysis
The ability to find closely correlated positions to Tycoons Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tycoons Worldwide 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 Tycoons Worldwide - 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 Tycoons Worldwide Group to buy it.
The correlation of Tycoons Worldwide 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 Tycoons Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tycoons Worldwide 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 Tycoons Worldwide 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 Tycoons Worldwide position
In addition to having Tycoons Worldwide 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 Tycoons Stock
To fully project Tycoons Worldwide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tycoons Worldwide 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 Tycoons Worldwide's income statement, its balance sheet, and the statement of cash flows.