Chordate Medical Number Of Employees vs. Price To Book
| CMH Stock | 12.55 0.25 1.95% |
For Chordate Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chordate Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chordate Medical Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chordate Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chordate Medical Holding over time as well as its relative position and ranking within its peers.
Chordate |
Chordate Medical Holding Price To Book vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chordate Medical's current stock value. Our valuation model uses many indicators to compare Chordate Medical value to that of its competitors to determine the firm's financial worth. Chordate Medical Holding is rated fourth in number of employees category among its peers. It is number one stock in price to book category among its peers fabricating about 1.93 of Price To Book per Number Of Employees. 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 Chordate Medical's earnings, one of the primary drivers of an investment's value.Chordate Number Of Employees vs. Competition
Chordate Medical Holding is rated fourth in number of employees category among its peers. The total workforce of Medical Devices industry is currently estimated at about 85.0. Chordate Medical holds roughly 3.0 in number of employees claiming about 4% of all equities under Medical Devices industry.
Chordate Price To Book vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Chordate Medical |
| = | 3 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
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.
Chordate Medical |
| = | 5.80 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.
Chordate Price To Book Comparison
Chordate Medical is currently under evaluation in price to book category among its peers.
Chordate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chordate Medical. 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 Chordate Medical 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 Chordate Medical's important profitability drivers and their relationship over time.
Use Chordate Medical 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 Chordate Medical 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 Chordate Medical will appreciate offsetting losses from the drop in the long position's value.Chordate Medical Pair Trading
Chordate Medical Holding Pair Trading Analysis
The ability to find closely correlated positions to Chordate Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chordate Medical 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 Chordate Medical - 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 Chordate Medical Holding to buy it.
The correlation of Chordate Medical 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 Chordate Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chordate Medical Holding 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 Chordate Medical 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 Chordate Medical position
In addition to having Chordate Medical 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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Additional Tools for Chordate Stock Analysis
When running Chordate Medical's price analysis, check to measure Chordate Medical'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 Chordate Medical is operating at the current time. Most of Chordate Medical's value examination focuses on studying past and present price action to predict the probability of Chordate Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chordate Medical's price. Additionally, you may evaluate how the addition of Chordate Medical to your portfolios can decrease your overall portfolio volatility.