Sony Group Total Asset vs. Revenue
| SON1 Stock | EUR 19.70 0.38 1.89% |
For Sony Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sony Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sony Group Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sony Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sony Group Corp over time as well as its relative position and ranking within its peers.
Sony |
Sony Group Corp Revenue vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sony Group's current stock value. Our valuation model uses many indicators to compare Sony Group value to that of its competitors to determine the firm's financial worth. Sony Group Corp is currently regarded as top stock in total asset category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 0.33 of Revenue per Total Asset. The ratio of Total Asset to Revenue for Sony Group Corp is roughly 3.07 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sony Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sony Group's Stock. 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.Sony Revenue vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Sony Group |
| = | 30.48 T |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
Sony Group |
| = | 9.92 T |
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.
Sony Revenue vs Competition
Sony Group Corp is currently regarded number one company in revenue category among its peers. Market size based on revenue of Other industry is at this time estimated at about 9.93 Trillion. Sony Group totals roughly 9.92 Trillion in revenue claiming about 100% of all equities under Other industry.
Sony Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sony Group. 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 Sony Group 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 Sony Group's important profitability drivers and their relationship over time.
Use Sony Group 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 Sony Group 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 Sony Group will appreciate offsetting losses from the drop in the long position's value.Sony Group Pair Trading
Sony Group Corp Pair Trading Analysis
The ability to find closely correlated positions to Sony Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sony Group 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 Sony Group - 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 Sony Group Corp to buy it.
The correlation of Sony Group 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 Sony Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sony Group Corp 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 Sony Group 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 Sony Group position
In addition to having Sony Group 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Sony Stock
When determining whether Sony Group Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sony Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sony Group Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sony Group Corp Stock:Check out World Market Map. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
To fully project Sony Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sony Group Corp 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 Sony Group's income statement, its balance sheet, and the statement of cash flows.