Light Wonder Current Valuation vs. Shares Outstanding
| LNW Stock | 147.65 3.17 2.19% |
For Light Wonder profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Light Wonder to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Light Wonder utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Light Wonder's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Light Wonder over time as well as its relative position and ranking within its peers.
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Light Wonder Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Light Wonder's current stock value. Our valuation model uses many indicators to compare Light Wonder value to that of its competitors to determine the firm's financial worth. Light Wonder is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in shares outstanding category among its peers . The ratio of Current Valuation to Shares Outstanding for Light Wonder is about 209.35 . 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 Light Wonder's earnings, one of the primary drivers of an investment's value.Light Current Valuation vs. Competition
Light Wonder is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gambling industry is now estimated at about 20.71 Billion. Light Wonder totals roughly 18.49 Billion in current valuation claiming about 89% of equities under Gambling industry.
Light Shares Outstanding 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.
Light Wonder |
| = | 18.49 B |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Light Wonder |
| = | 88.31 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Light Shares Outstanding Comparison
Light Wonder is currently under evaluation in shares outstanding category among its peers.
Light Wonder Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Light Wonder, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Light Wonder will eventually generate negative long term returns. The profitability progress is the general direction of Light Wonder's change in net profit over the period of time. It can combine multiple indicators of Light Wonder, 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.
Light Wonder is entity of Australia. It is traded as Stock on AU exchange.
Light Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Light Wonder. 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 Light Wonder 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 Light Wonder's important profitability drivers and their relationship over time.
Use Light Wonder 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 Light Wonder 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 Light Wonder will appreciate offsetting losses from the drop in the long position's value.Light Wonder Pair Trading
Light Wonder Pair Trading Analysis
The ability to find closely correlated positions to Light Wonder could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Light Wonder 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 Light Wonder - 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 Light Wonder to buy it.
The correlation of Light Wonder 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 Light Wonder moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Light Wonder 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 Light Wonder 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 Light Wonder position
In addition to having Light Wonder 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Additional Tools for Light Stock Analysis
When running Light Wonder's price analysis, check to measure Light Wonder'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 Light Wonder is operating at the current time. Most of Light Wonder's value examination focuses on studying past and present price action to predict the probability of Light Wonder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Wonder's price. Additionally, you may evaluate how the addition of Light Wonder to your portfolios can decrease your overall portfolio volatility.