Plastic Omnium Total Debt vs. Current Valuation
| EZM Stock | 8.28 0.27 3.16% |
For Plastic Omnium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plastic Omnium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plastic Omnium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plastic Omnium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plastic Omnium over time as well as its relative position and ranking within its peers.
Plastic |
Plastic Omnium Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plastic Omnium's current stock value. Our valuation model uses many indicators to compare Plastic Omnium value to that of its competitors to determine the firm's financial worth. Plastic Omnium is rated below average in total debt category among its peers. It also is rated below average in current valuation category among its peers reporting about 2.50 of Current Valuation per Total Debt. 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 Plastic Omnium's earnings, one of the primary drivers of an investment's value.Plastic Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Plastic Omnium |
| = | 1.16 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Plastic Omnium |
| = | 2.9 B |
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.
Plastic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plastic Omnium. 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 Plastic Omnium 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 Plastic Omnium's important profitability drivers and their relationship over time.
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Use Plastic Omnium 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 Plastic Omnium 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 Plastic Omnium will appreciate offsetting losses from the drop in the long position's value.Plastic Omnium Pair Trading
Plastic Omnium Pair Trading Analysis
The ability to find closely correlated positions to Plastic Omnium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plastic Omnium 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 Plastic Omnium - 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 Plastic Omnium to buy it.
The correlation of Plastic Omnium 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 Plastic Omnium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plastic Omnium 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 Plastic Omnium 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 Plastic Omnium position
In addition to having Plastic Omnium 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 Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Additional Tools for Plastic Stock Analysis
When running Plastic Omnium's price analysis, check to measure Plastic Omnium'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 Plastic Omnium is operating at the current time. Most of Plastic Omnium's value examination focuses on studying past and present price action to predict the probability of Plastic Omnium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plastic Omnium's price. Additionally, you may evaluate how the addition of Plastic Omnium to your portfolios can decrease your overall portfolio volatility.