Fragbite Group Current Valuation vs. Book Value Per Share
| FRAG Stock | 7.50 0.05 0.66% |
For Fragbite Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fragbite Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fragbite Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fragbite Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fragbite Group AB over time as well as its relative position and ranking within its peers.
Fragbite |
Fragbite Group AB Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fragbite Group's current stock value. Our valuation model uses many indicators to compare Fragbite Group value to that of its competitors to determine the firm's financial worth. Fragbite Group AB is rated below average in current valuation category among its peers. It also is rated below average in book value per share category among its peers . The ratio of Current Valuation to Book Value Per Share for Fragbite Group AB is about 193,174,581 . 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 Fragbite Group's earnings, one of the primary drivers of an investment's value.Fragbite Book Value Per Share vs. Current Valuation
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.
Fragbite Group |
| = | 392.14 M |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Fragbite Group |
| = | 2.03 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Fragbite Book Value Per Share Comparison
Fragbite Group is currently under evaluation in book value per share category among its peers.
Fragbite Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fragbite 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 Fragbite 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 Fragbite Group's important profitability drivers and their relationship over time.
Use Fragbite 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 Fragbite 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 Fragbite Group will appreciate offsetting losses from the drop in the long position's value.Fragbite Group Pair Trading
Fragbite Group AB Pair Trading Analysis
The ability to find closely correlated positions to Fragbite 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 Fragbite 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 Fragbite 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 Fragbite Group AB to buy it.
The correlation of Fragbite 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 Fragbite Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fragbite 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 Fragbite 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.Use Investing Themes to Complement your Fragbite Group position
In addition to having Fragbite 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.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Additional Tools for Fragbite Stock Analysis
When running Fragbite Group's price analysis, check to measure Fragbite Group'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 Fragbite Group is operating at the current time. Most of Fragbite Group's value examination focuses on studying past and present price action to predict the probability of Fragbite Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fragbite Group's price. Additionally, you may evaluate how the addition of Fragbite Group to your portfolios can decrease your overall portfolio volatility.