SIM Technology Price To Earning vs. Net Income
| 912000 Stock | TWD 3.02 0.01 0.33% |
For SIM Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SIM Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SIM Technology Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SIM Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SIM Technology Group over time as well as its relative position and ranking within its peers.
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SIM Technology Group Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SIM Technology's current stock value. Our valuation model uses many indicators to compare SIM Technology value to that of its competitors to determine the firm's financial worth. SIM Technology Group is rated third in price to earning category among its peers. It also is rated third in net income category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value SIM Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SIM Technology'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.SIM Net Income vs. Price To Earning
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.
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| = | 0.58 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SIM Technology |
| = | (245.8 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
SIM Net Income Comparison
SIM Technology is currently under evaluation in net income category among its peers.
SIM Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SIM Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SIM Technology will eventually generate negative long term returns. The profitability progress is the general direction of SIM Technology's change in net profit over the period of time. It can combine multiple indicators of SIM Technology, 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.
SIM Technology Group Limited, an investment holding company, operates in the mobile communication and Internet of Things industry. SIM Technology Group Limited was founded in 1986 and is headquartered in Kwun Tong, Hong Kong. SIM TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1760 people.
SIM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SIM Technology. 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 SIM Technology 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 SIM Technology's important profitability drivers and their relationship over time.
Use SIM Technology 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 SIM Technology 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 SIM Technology will appreciate offsetting losses from the drop in the long position's value.SIM Technology Pair Trading
SIM Technology Group Pair Trading Analysis
The ability to find closely correlated positions to SIM Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SIM Technology 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 SIM Technology - 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 SIM Technology Group to buy it.
The correlation of SIM Technology 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 SIM Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIM Technology Group 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 SIM Technology 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 SIM Technology position
In addition to having SIM Technology 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 SIM Stock
To fully project SIM Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SIM Technology Group 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 SIM Technology's income statement, its balance sheet, and the statement of cash flows.