Bio Works Price To Sales vs. Current Ratio
| BIOWKS Stock | SEK 0.88 0.03 3.30% |
For Bio Works profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bio Works to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bio Works Technologies AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bio Works's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bio Works Technologies AB over time as well as its relative position and ranking within its peers.
Bio |
Bio Works Technologies Current Ratio vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bio Works's current stock value. Our valuation model uses many indicators to compare Bio Works value to that of its competitors to determine the firm's financial worth. Bio Works Technologies AB is number one stock in price to sales category among its peers. It also is number one stock in current ratio category among its peers fabricating about 0.46 of Current Ratio per Price To Sales. The ratio of Price To Sales to Current Ratio for Bio Works Technologies AB is roughly 2.16 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bio Works by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bio Works' 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.Bio Current Ratio 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.
Bio Works |
| = | 19.71 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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Bio Works |
| = | 9.14 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Bio Current Ratio Comparison
Bio Works is currently under evaluation in current ratio category among its peers.
Bio Works Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bio Works, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bio Works will eventually generate negative long term returns. The profitability progress is the general direction of Bio Works' change in net profit over the period of time. It can combine multiple indicators of Bio Works, 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.
Bio-Works Technologies AB researches, develops, manufactures, and supplies agarose based resins used to separate proteins and other biomolecules. Bio-Works Technologies AB founded in 2006 and is based in Uppsala, Sweden. Bio Works is traded on Stockholm Stock Exchange in Sweden.
Bio Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bio Works. 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 Bio Works 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 Bio Works' important profitability drivers and their relationship over time.
Use Bio Works 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 Bio Works 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 Bio Works will appreciate offsetting losses from the drop in the long position's value.Bio Works Pair Trading
Bio Works Technologies AB Pair Trading Analysis
The ability to find closely correlated positions to Bio Works could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bio Works 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 Bio Works - 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 Bio Works Technologies AB to buy it.
The correlation of Bio Works 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 Bio Works moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bio Works Technologies 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 Bio Works 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 Bio Works position
In addition to having Bio Works 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 38 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 Railroads Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Bio Stock
To fully project Bio Works' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bio Works Technologies 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 Bio Works' income statement, its balance sheet, and the statement of cash flows.