ST Energy Book Value Per Share vs. Cash And Equivalents
| STETDelisted Stock | USD 10.49 0.02 0.19% |
For ST Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ST Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ST Energy Transition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ST Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ST Energy Transition over time as well as its relative position and ranking within its peers.
STET |
ST Energy Transition Cash And Equivalents vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ST Energy's current stock value. Our valuation model uses many indicators to compare ST Energy value to that of its competitors to determine the firm's financial worth. ST Energy Transition is currently regarded as top stock in book value per share category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value ST Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.STET Cash And Equivalents vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
ST Energy |
| = | (0.57) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
ST Energy |
| = | 912.64 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
STET Cash And Equivalents Comparison
ST Energy is currently under evaluation in cash and equivalents category among its peers.
ST Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ST Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ST Energy will eventually generate negative long term returns. The profitability progress is the general direction of ST Energy's change in net profit over the period of time. It can combine multiple indicators of ST Energy, 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.
ST Energy Transition I Ltd. does not have significant operations. The company was incorporated in 2021 and is based in Hamilton, Bermuda. ST Energy is traded on New York Stock Exchange in the United States.
STET Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ST Energy. 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 ST Energy 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 ST Energy's important profitability drivers and their relationship over time.
Use ST Energy 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 ST Energy 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 ST Energy will appreciate offsetting losses from the drop in the long position's value.ST Energy Pair Trading
ST Energy Transition Pair Trading Analysis
The ability to find closely correlated positions to ST Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ST Energy 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 ST Energy - 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 ST Energy Transition to buy it.
The correlation of ST Energy 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 ST Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ST Energy Transition 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 ST Energy 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 ST Energy position
In addition to having ST Energy 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 Information Technology ETFs Thematic Idea Now
Information Technology ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Information Technology ETFs theme has 50 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 Information Technology ETFs Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in STET Stock
If you are still planning to invest in ST Energy Transition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ST Energy's history and understand the potential risks before investing.
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