Univa Foods Beta vs. Shares Outstanding
UNIVAFOODS | 9.22 0.00 0.00% |
For Univa Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Univa Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Univa Foods Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Univa Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Univa Foods Limited over time as well as its relative position and ranking within its peers.
Univa |
Univa Foods Limited Shares Outstanding vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Univa Foods's current stock value. Our valuation model uses many indicators to compare Univa Foods value to that of its competitors to determine the firm's financial worth. Univa Foods Limited is rated below average in beta category among its peers. It also is rated below average in shares outstanding category among its peers creating about 96,775,676 of Shares Outstanding per Beta. As of the 7th of December 2024, Common Stock Shares Outstanding is likely to drop to about 11.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Univa Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Univa Foods' 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.Univa 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.
Univa Foods |
| = | 0.15 |
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.
Univa Foods |
| = | 14.32 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.
Univa Shares Outstanding Comparison
Univa Foods is currently under evaluation in shares outstanding category among its peers.
Beta Analysis
As returns on the market increase, Univa Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Univa Foods is expected to be smaller as well.
Univa Foods Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Univa Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Univa Foods will eventually generate negative long term returns. The profitability progress is the general direction of Univa Foods' change in net profit over the period of time. It can combine multiple indicators of Univa Foods, 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 Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | -148.7 M | -141.3 M | |
Operating Income | -741 K | -778 K | |
Income Before Tax | -7.1 M | -6.8 M | |
Total Other Income Expense Net | -6.4 M | -6 M | |
Net Loss | -7.1 M | -6.8 M | |
Income Tax Expense | -154.9 K | -147.2 K | |
Net Interest Income | 648.9 K | 819.6 K | |
Interest Income | 648.9 K | 819.8 K | |
Net Loss | -48.5 M | -46 M | |
Net Loss | -48.5 M | -46 M | |
Change To Netincome | 61.9 M | 65 M |
Univa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Univa Foods. 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 Univa Foods 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 Univa Foods' important profitability drivers and their relationship over time.
Use Univa Foods 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 Univa Foods 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 Univa Foods will appreciate offsetting losses from the drop in the long position's value.Univa Foods Pair Trading
Univa Foods Limited Pair Trading Analysis
The ability to find closely correlated positions to Univa Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Univa Foods 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 Univa Foods - 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 Univa Foods Limited to buy it.
The correlation of Univa Foods 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 Univa Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Univa Foods Limited 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 Univa Foods 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 Univa Foods position
In addition to having Univa Foods 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 Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Univa Stock
To fully project Univa Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Univa Foods Limited 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 Univa Foods' income statement, its balance sheet, and the statement of cash flows.