Garware Hi Shares Owned By Institutions vs. Price To Book
| GRWRHITECH | 5,105 35.85 0.70% |
For Garware Hi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Garware Hi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Garware Hi Tech Films utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Garware Hi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Garware Hi Tech Films over time as well as its relative position and ranking within its peers.
Garware |
Garware Hi Tech Price To Book vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Garware Hi's current stock value. Our valuation model uses many indicators to compare Garware Hi value to that of its competitors to determine the firm's financial worth. Garware Hi Tech Films is one of the top stocks in shares owned by institutions category among its peers. It also is one of the top stocks in price to book category among its peers fabricating about 0.60 of Price To Book per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Book for Garware Hi Tech Films is roughly 1.67 . 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 Garware Hi's earnings, one of the primary drivers of an investment's value.Garware Price To Book 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.
Garware Hi |
| = | 8.93 % |
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 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.
Garware Hi |
| = | 5.36 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.
Garware Price To Book Comparison
Garware Hi is currently under evaluation in price to book category among its peers.
Garware Hi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Garware Hi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Garware Hi will eventually generate negative long term returns. The profitability progress is the general direction of Garware Hi's change in net profit over the period of time. It can combine multiple indicators of Garware Hi, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 20.2 B | 21.2 B | |
| Operating Income | 7.1 B | 7.4 B | |
| Income Before Tax | 2.7 B | 2.8 B | |
| Total Other Income Expense Net | -4.4 B | -4.2 B | |
| Net Income | 2 B | 1.1 B | |
| Income Tax Expense | 669.6 M | 703.1 M | |
| Net Interest Income | -117.8 M | -123.7 M | |
| Interest Income | 16.6 M | 9.4 M | |
| Net Income From Continuing Ops | 2 B | 1.5 B | |
| Net Income Applicable To Common Shares | 1.9 B | 1.5 B | |
| Change To Netincome | 65.5 M | 62.2 M |
Garware Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Garware Hi. 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 Garware Hi 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 Garware Hi's important profitability drivers and their relationship over time.
Use Garware Hi 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 Garware Hi 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 Garware Hi will appreciate offsetting losses from the drop in the long position's value.Garware Hi Pair Trading
Garware Hi Tech Films Pair Trading Analysis
The ability to find closely correlated positions to Garware Hi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garware Hi 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 Garware Hi - 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 Garware Hi Tech Films to buy it.
The correlation of Garware Hi 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 Garware Hi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garware Hi Tech 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 Garware Hi 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 Garware Hi position
In addition to having Garware Hi 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs Theme or any other thematic opportunities.
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Additional Tools for Garware Stock Analysis
When running Garware Hi's price analysis, check to measure Garware Hi'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 Garware Hi is operating at the current time. Most of Garware Hi's value examination focuses on studying past and present price action to predict the probability of Garware Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garware Hi's price. Additionally, you may evaluate how the addition of Garware Hi to your portfolios can decrease your overall portfolio volatility.