Wyncoast Industrial Cash And Equivalents vs. Price To Earning
| WIN Stock | THB 0.43 0.02 4.88% |
For Wyncoast Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wyncoast Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wyncoast Industrial Park utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wyncoast Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wyncoast Industrial Park over time as well as its relative position and ranking within its peers.
Wyncoast |
Wyncoast Industrial Park Price To Earning vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wyncoast Industrial's current stock value. Our valuation model uses many indicators to compare Wyncoast Industrial value to that of its competitors to determine the firm's financial worth. Wyncoast Industrial Park is rated third in cash and equivalents category among its peers. It is rated first in price to earning category among its peers . The ratio of Cash And Equivalents to Price To Earning for Wyncoast Industrial Park is about 527,553 . 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 Wyncoast Industrial's earnings, one of the primary drivers of an investment's value.Wyncoast Price To Earning vs. Cash And Equivalents
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.
Wyncoast Industrial |
| = | 28.72 M |
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).
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Wyncoast Industrial |
| = | 54.44 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Wyncoast Price To Earning Comparison
Wyncoast Industrial is currently under evaluation in price to earning category among its peers.
Wyncoast Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wyncoast Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wyncoast Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Wyncoast Industrial's change in net profit over the period of time. It can combine multiple indicators of Wyncoast Industrial, 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.
Wyncoast Industrial Park Public Company Limited sells and rents custom duty free zone areas for the commercial and industrial activities worldwide. Wyncoast Industrial Park Public Company Limited was founded in 1985 and is headquartered in Bangpakong, Thailand. WYNCOAST INDUSTRIAL operates under Real Estate Services classification in Thailand and is traded on Stock Exchange of Thailand.
Wyncoast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wyncoast Industrial. 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 Wyncoast Industrial 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 Wyncoast Industrial's important profitability drivers and their relationship over time.
Use Wyncoast Industrial 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 Wyncoast Industrial 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 Wyncoast Industrial will appreciate offsetting losses from the drop in the long position's value.Wyncoast Industrial Pair Trading
Wyncoast Industrial Park Pair Trading Analysis
The ability to find closely correlated positions to Wyncoast Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wyncoast Industrial 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 Wyncoast Industrial - 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 Wyncoast Industrial Park to buy it.
The correlation of Wyncoast Industrial 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 Wyncoast Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wyncoast Industrial Park 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 Wyncoast Industrial 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 Wyncoast Industrial position
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Other Information on Investing in Wyncoast Stock
To fully project Wyncoast Industrial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wyncoast Industrial Park 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 Wyncoast Industrial's income statement, its balance sheet, and the statement of cash flows.