Highlight Communications Revenue vs. Book Value Per Share
| HLG Stock | 1.21 0.09 8.04% |
For Highlight Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Highlight Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Highlight Communications AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Highlight Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Highlight Communications AG over time as well as its relative position and ranking within its peers.
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Highlight Communications Book Value Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Highlight Communications's current stock value. Our valuation model uses many indicators to compare Highlight Communications value to that of its competitors to determine the firm's financial worth. Highlight Communications AG is rated # 2 in revenue category among its peers. It is rated # 3 in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for Highlight Communications AG is about 163,395,820 . 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 Highlight Communications' earnings, one of the primary drivers of an investment's value.Highlight Revenue vs. Competition
Highlight Communications AG is rated # 2 in revenue category among its peers. Market size based on revenue of Entertainment industry is currently estimated at about 83.64 Billion. Highlight Communications maintains roughly 508.16 Million in revenue contributing less than 1% to equities under Entertainment industry.
Highlight Book Value Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Highlight Communications |
| = | 508.16 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Highlight Communications |
| = | 3.11 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.
Highlight Book Value Per Share Comparison
Highlight Communications is currently under evaluation in book value per share category among its peers.
Highlight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Highlight Communications. 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 Highlight Communications 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 Highlight Communications' important profitability drivers and their relationship over time.
Use Highlight Communications 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 Highlight Communications 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 Highlight Communications will appreciate offsetting losses from the drop in the long position's value.Highlight Communications Pair Trading
Highlight Communications AG Pair Trading Analysis
The ability to find closely correlated positions to Highlight Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Highlight Communications 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 Highlight Communications - 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 Highlight Communications AG to buy it.
The correlation of Highlight Communications 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 Highlight Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Highlight Communications 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 Highlight Communications 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 Highlight Communications position
In addition to having Highlight Communications 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?
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Additional Tools for Highlight Stock Analysis
When running Highlight Communications' price analysis, check to measure Highlight Communications' 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 Highlight Communications is operating at the current time. Most of Highlight Communications' value examination focuses on studying past and present price action to predict the probability of Highlight Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highlight Communications' price. Additionally, you may evaluate how the addition of Highlight Communications to your portfolios can decrease your overall portfolio volatility.