COSCO SHIPPING EBITDA vs. Price To Book
| CITAFDelisted Stock | USD 0.11 0.00 0.00% |
For COSCO SHIPPING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of COSCO SHIPPING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well COSCO SHIPPING Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between COSCO SHIPPING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of COSCO SHIPPING Development over time as well as its relative position and ranking within its peers.
COSCO |
COSCO SHIPPING Devel Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining COSCO SHIPPING's current stock value. Our valuation model uses many indicators to compare COSCO SHIPPING value to that of its competitors to determine the firm's financial worth. COSCO SHIPPING Development is rated below average in ebitda category among its peers. It is rated below average in price to book category among its peers . The ratio of EBITDA to Price To Book for COSCO SHIPPING Development is about 26,199,991,592 . 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 COSCO SHIPPING's earnings, one of the primary drivers of an investment's value.COSCO Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
COSCO SHIPPING |
| = | 11.75 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
COSCO SHIPPING |
| = | 0.45 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
COSCO Price To Book Comparison
COSCO SHIPPING is currently under evaluation in price to book category among its peers.
COSCO SHIPPING Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in COSCO SHIPPING, profitability is also one of the essential criteria for including it into their portfolios because, without profit, COSCO SHIPPING will eventually generate negative long term returns. The profitability progress is the general direction of COSCO SHIPPING's change in net profit over the period of time. It can combine multiple indicators of COSCO SHIPPING, 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.
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the Peoples Republic of China. Cosco Shipping operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 13338 people.
COSCO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on COSCO SHIPPING. 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 COSCO SHIPPING 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 COSCO SHIPPING's important profitability drivers and their relationship over time.
Use COSCO SHIPPING 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 COSCO SHIPPING 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 COSCO SHIPPING will appreciate offsetting losses from the drop in the long position's value.COSCO SHIPPING Pair Trading
COSCO SHIPPING Development Pair Trading Analysis
The ability to find closely correlated positions to COSCO SHIPPING could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COSCO SHIPPING 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 COSCO SHIPPING - 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 COSCO SHIPPING Development to buy it.
The correlation of COSCO SHIPPING 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 COSCO SHIPPING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COSCO SHIPPING Devel 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 COSCO SHIPPING 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 COSCO SHIPPING position
In addition to having COSCO SHIPPING 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional 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 nation. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in COSCO Pink Sheet
If you are still planning to invest in COSCO SHIPPING Devel 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 COSCO SHIPPING's history and understand the potential risks before investing.
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