Byggmax Group Shares Owned By Institutions vs. Price To Earning

BYY Stock  EUR 4.04  0.07  1.76%   
Considering Byggmax Group's profitability and operating efficiency indicators, Byggmax Group AB 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 Byggmax Group's ability to earn profits and add value for shareholders.
For Byggmax Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Byggmax Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Byggmax Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Byggmax Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Byggmax Group AB over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Byggmax Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Byggmax Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byggmax Group'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.

Byggmax Group AB Price To Earning vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Byggmax Group's current stock value. Our valuation model uses many indicators to compare Byggmax Group value to that of its competitors to determine the firm's financial worth.
Byggmax Group AB is number one stock in shares owned by institutions category among its peers. It also is number one stock in price to earning category among its peers reporting about  0.41  of Price To Earning per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Earning for Byggmax Group AB is roughly  2.42 . 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 Byggmax Group's earnings, one of the primary drivers of an investment's value.

Byggmax Price To Earning vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Byggmax Group

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
40.23 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.

Byggmax Group

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
16.62 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.

Byggmax Price To Earning Comparison

Byggmax Group is currently under evaluation in price to earning category among its peers.

Byggmax Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Byggmax Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Byggmax Group will eventually generate negative long term returns. The profitability progress is the general direction of Byggmax Group's change in net profit over the period of time. It can combine multiple indicators of Byggmax Group, 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.
Byggmax Group AB sells building materials for common maintenance and DIY projects. Byggmax Group AB was founded in 1993 and is headquartered in Solna, Sweden. BYGGMAX GROUP is traded on Frankfurt Stock Exchange in Germany.

Byggmax Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Byggmax Group. 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 Byggmax Group 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 Byggmax Group's important profitability drivers and their relationship over time.

Use Byggmax Group 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 Byggmax Group 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 Byggmax Group will appreciate offsetting losses from the drop in the long position's value.

Byggmax Group Pair Trading

Byggmax Group AB Pair Trading Analysis

The ability to find closely correlated positions to Byggmax Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byggmax Group 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 Byggmax Group - 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 Byggmax Group AB to buy it.
The correlation of Byggmax Group 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 Byggmax Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byggmax Group AB 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 Byggmax Group 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Byggmax Group position

In addition to having Byggmax Group 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.

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Other Information on Investing in Byggmax Stock

To fully project Byggmax Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Byggmax Group AB 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 Byggmax Group's income statement, its balance sheet, and the statement of cash flows.
Potential Byggmax Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Byggmax Group investors may work on each financial statement separately, they are all related. The changes in Byggmax Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Byggmax Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.