China Television Return On Asset vs. Net Income
| 9928 Stock | TWD 18.00 0.10 0.56% |
For China Television profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Television to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Television Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Television's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Television Co over time as well as its relative position and ranking within its peers.
China |
China Television Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Television's current stock value. Our valuation model uses many indicators to compare China Television value to that of its competitors to determine the firm's financial worth. China Television Co is number one stock in return on asset category among its peers. It also is number one stock in net income 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 China Television's earnings, one of the primary drivers of an investment's value.China Net Income vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
China Television |
| = | -0.0112 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
China Television |
| = | (27.96 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.
China Net Income Comparison
China Television is currently under evaluation in net income category among its peers.
China Television Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Television, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Television will eventually generate negative long term returns. The profitability progress is the general direction of China Television's change in net profit over the period of time. It can combine multiple indicators of China Television, 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.
China Television Company, Ltd. engages in the television broadcast business in Taiwan. The company was founded in 1968 and is based in Taipei, Taiwan. CHINA TELEVISION is traded on Taiwan Stock Exchange in Taiwan.
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Television. 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 China Television 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 China Television's important profitability drivers and their relationship over time.
Use China Television 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 China Television 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 China Television will appreciate offsetting losses from the drop in the long position's value.China Television Pair Trading
China Television Co Pair Trading Analysis
The ability to find closely correlated positions to China Television could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Television 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 China Television - 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 China Television Co to buy it.
The correlation of China Television 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 China Television moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Television 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 China Television 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 China Television position
In addition to having China Television 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 Tech Funds Thematic Idea Now
Tech Funds
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 44 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 Tech Funds Theme or any other thematic opportunities.
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Additional Tools for China Stock Analysis
When running China Television's price analysis, check to measure China Television'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 China Television is operating at the current time. Most of China Television's value examination focuses on studying past and present price action to predict the probability of China Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Television's price. Additionally, you may evaluate how the addition of China Television to your portfolios can decrease your overall portfolio volatility.