State Trading Beta vs. Shares Outstanding

STCINDIA   172.93  10.72  6.61%   
Considering the key profitability indicators obtained from State Trading's historical financial statements, The State Trading may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess State Trading's ability to earn profits and add value for shareholders.
For State Trading profitability analysis, we use financial ratios and fundamental drivers that measure the ability of State Trading to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The State Trading utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between State Trading's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The State Trading over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
Please note, there is a significant difference between State Trading's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Trading is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Trading's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

State Trading Shares Outstanding vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining State Trading's current stock value. Our valuation model uses many indicators to compare State Trading value to that of its competitors to determine the firm's financial worth.
The State Trading is currently regarded as top stock in beta category among its peers. It is rated third in shares outstanding category among its peers creating about  60,728,745  of Shares Outstanding per Beta. The State Trading's current Common Stock Shares Outstanding is estimated to increase to about 69.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value State Trading by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for State Trading'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.

State Shares Outstanding vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

State Trading

Beta

 = 

Covariance

Variance

 = 
0.99
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.

State Trading

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
60 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.

State Shares Outstanding Comparison

State Trading is currently under evaluation in shares outstanding category among its peers.

Beta Analysis

State Trading returns are very sensitive to returns on the market. As the market goes up or down, State Trading is expected to follow.

State Trading Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in State Trading, profitability is also one of the essential criteria for including it into their portfolios because, without profit, State Trading will eventually generate negative long term returns. The profitability progress is the general direction of State Trading's change in net profit over the period of time. It can combine multiple indicators of State Trading, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-46.9 B-44.6 B
Operating Income-339 M-355.9 M
Income Before Tax513.2 M538.9 M
Total Other Income Expense Net852.2 M894.8 M
Net Income510.7 M536.3 M
Income Tax Expense2.5 M2.4 M
Net Income From Continuing Ops510.7 M536.3 M
Net Income Applicable To Common Shares365.6 M383.8 M
Interest Income92.4 M87.8 M
Net Interest Income-19.4 M-20.3 M
Change To Netincome358.5 M340.5 M

State Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on State Trading. 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 State Trading 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 State Trading's important profitability drivers and their relationship over time.

Use State Trading 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 State Trading 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 State Trading will appreciate offsetting losses from the drop in the long position's value.

State Trading Pair Trading

The State Trading Pair Trading Analysis

The ability to find closely correlated positions to State Trading could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace State Trading 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 State Trading - 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 The State Trading to buy it.
The correlation of State Trading 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 State Trading moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if State Trading 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 State Trading 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your State Trading position

In addition to having State Trading 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 Hedge Favorites Thematic Idea Now

Hedge Favorites
Hedge Favorites Theme
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 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 Hedge Favorites Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in State Stock

To fully project State Trading's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of State Trading 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 State Trading's income statement, its balance sheet, and the statement of cash flows.
Potential State Trading investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although State Trading investors may work on each financial statement separately, they are all related. The changes in State Trading's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on State Trading's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.