Accuride Corp Current Valuation vs. Gross Profit
Considering Accuride Corp's profitability and operating efficiency indicators, Accuride Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Accuride Corp's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Please note, there is a significant difference between Accuride Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accuride Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accuride Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Accuride Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Accuride Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Accuride Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Accuride Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Accuride Corp over time as well as its relative position and ranking within its peers.
Accuride |
Accuride Corp Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Accuride Corp's current stock value. Our valuation model uses many indicators to compare Accuride Corp value to that of its competitors to determine the firm's financial worth. Accuride Corp is rated below average in current valuation category among its peers. It also is rated below average in gross profit category among its peers fabricating about 0.22 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Accuride Corp is roughly 4.55 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Accuride Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Accuride Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Accuride Corp |
| = | 362.5 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Accuride Corp |
| = | 79.7 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Accuride Gross Profit Comparison
Accuride Corp is currently under evaluation in gross profit category among its peers.
Accuride Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Accuride Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Accuride Corp will eventually generate negative long term returns. The profitability progress is the general direction of Accuride Corp's change in net profit over the period of time. It can combine multiple indicators of Accuride Corp, 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.
Accuride Corporationration, together with its subsidiaries, designs, manufactures, and distributes commercial vehicle components in North America.
Accuride Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Accuride Corp. 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 Accuride Corp 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 Accuride Corp's important profitability drivers and their relationship over time.
Use Accuride Corp 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 Accuride Corp 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 Accuride Corp will appreciate offsetting losses from the drop in the long position's value.Accuride Corp Pair Trading
Accuride Corp Pair Trading Analysis
The ability to find closely correlated positions to Sysco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sysco 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 Sysco - 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 Sysco to buy it.
The correlation of Sysco 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 Sysco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sysco 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 Sysco 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 Accuride Corp position
In addition to having Accuride Corp 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Accuride Stock
If you are still planning to invest in Accuride Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Accuride Corp's history and understand the potential risks before investing.
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