Konica Minolta Price To Book vs. Cash Per Share
| KNCAY Stock | USD 9.16 0.38 4.33% |
For Konica Minolta profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Konica Minolta to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Konica Minolta utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Konica Minolta's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Konica Minolta over time as well as its relative position and ranking within its peers.
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Konica Minolta Cash Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Konica Minolta's current stock value. Our valuation model uses many indicators to compare Konica Minolta value to that of its competitors to determine the firm's financial worth. Konica Minolta is currently regarded as number one stock in price to book category among its peers. It also is currently regarded as number one stock in cash per share category among its peers fabricating about 1,080 of Cash Per Share per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Konica Minolta by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Konica Minolta's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Konica Cash Per Share vs. Price To Book
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.
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| = | 0.46 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 500.27 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Konica Cash Per Share Comparison
Konica Minolta is currently under evaluation in cash per share category among its peers.
Konica Minolta Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Konica Minolta, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Konica Minolta will eventually generate negative long term returns. The profitability progress is the general direction of Konica Minolta's change in net profit over the period of time. It can combine multiple indicators of Konica Minolta, 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.
Konica Minolta, Inc. engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, the United States, Europe, China, other Asian countries, and internationally. Konica Minolta, Inc. was founded in 1873 and is headquartered in Tokyo, Japan. Konica Minolta operates under Business Equipment Supplies classification in the United States and is traded on OTC Exchange. It employs 647 people.
Konica Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Konica Minolta. 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 Konica Minolta 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 Konica Minolta's important profitability drivers and their relationship over time.
Use Konica Minolta 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 Konica Minolta 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 Konica Minolta will appreciate offsetting losses from the drop in the long position's value.Konica Minolta Pair Trading
Konica Minolta Pair Trading Analysis
The ability to find closely correlated positions to Konica Minolta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Konica Minolta 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 Konica Minolta - 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 Konica Minolta to buy it.
The correlation of Konica Minolta 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 Konica Minolta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Konica Minolta 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 Konica Minolta 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 Konica Minolta position
In addition to having Konica Minolta 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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Impulse
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
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Additional Tools for Konica Pink Sheet Analysis
When running Konica Minolta's price analysis, check to measure Konica Minolta'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 Konica Minolta is operating at the current time. Most of Konica Minolta's value examination focuses on studying past and present price action to predict the probability of Konica Minolta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Konica Minolta's price. Additionally, you may evaluate how the addition of Konica Minolta to your portfolios can decrease your overall portfolio volatility.