Stockland Price To Earning vs. Z Score
| LN1 Stock | EUR 2.80 0.02 0.71% |
For Stockland profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stockland to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stockland utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stockland's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stockland over time as well as its relative position and ranking within its peers.
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Stockland Z Score vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stockland's current stock value. Our valuation model uses many indicators to compare Stockland value to that of its competitors to determine the firm's financial worth. Stockland is rated below average in price to earning category among its peers. It is rated below average in z score category among its peers totaling about 0.08 of Z Score per Price To Earning. The ratio of Price To Earning to Z Score for Stockland is roughly 12.52 . 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 Stockland's earnings, one of the primary drivers of an investment's value.Stockland Z Score vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Stockland Z Score Comparison
Stockland is rated below average in z score category among its peers.
Stockland Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stockland, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stockland will eventually generate negative long term returns. The profitability progress is the general direction of Stockland's change in net profit over the period of time. It can combine multiple indicators of Stockland, 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.
Stockland was founded in 1952 and has grown to become Australias largest diversified property group owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency. Stockland operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange.
Stockland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stockland. 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 Stockland 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 Stockland's important profitability drivers and their relationship over time.
Use Stockland 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 Stockland 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 Stockland will appreciate offsetting losses from the drop in the long position's value.Stockland Pair Trading
Stockland Pair Trading Analysis
The ability to find closely correlated positions to Stockland could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stockland 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 Stockland - 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 Stockland to buy it.
The correlation of Stockland 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 Stockland moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stockland 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 Stockland 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 Stockland position
In addition to having Stockland 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 Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 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 Electrical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Stockland Stock
To fully project Stockland's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Stockland at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Stockland's income statement, its balance sheet, and the statement of cash flows.