Cayenne Entertainment Technology Stock Current Valuation
| 4946 Stock | TWD 38.00 0.80 2.15% |
Valuation analysis of Cayenne Entertainment helps investors to measure Cayenne Entertainment's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Cayenne Entertainment's price fluctuation is not too volatile at this time. Calculation of the real value of Cayenne Entertainment is based on 3 months time horizon. Increasing Cayenne Entertainment's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Cayenne stock is determined by what a typical buyer is willing to pay for full or partial control of Cayenne Entertainment Technology. Since Cayenne Entertainment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cayenne Stock. However, Cayenne Entertainment's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 38.0 | Real 33.81 | Hype 38.0 | Naive 37.81 |
The intrinsic value of Cayenne Entertainment's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Cayenne Entertainment's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Cayenne Entertainment Technology helps investors to forecast how Cayenne stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cayenne Entertainment more accurately as focusing exclusively on Cayenne Entertainment's fundamentals will not take into account other important factors: Cayenne Entertainment Technology Company Current Valuation Analysis
Cayenne Entertainment's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Cayenne Entertainment Technology has a Current Valuation of 0.0. This is 100.0% lower than that of the Communication Services sector and about the same as Electronic Gaming & Multimedia (which currently averages 0.0) industry. The current valuation for all Taiwan stocks is 100.0% higher than that of the company.
Cayenne Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cayenne Entertainment's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cayenne Entertainment could also be used in its relative valuation, which is a method of valuing Cayenne Entertainment by comparing valuation metrics of similar companies.Cayenne Entertainment is currently under evaluation in current valuation category among its peers.
Cayenne Fundamentals
| EBITDA | (64.16 M) | |||
| Net Income | (38.69 M) | |||
| Cash And Equivalents | 97.77 M | |||
| Cash Per Share | 7.16 X | |||
| Total Debt | 55.41 M | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 1.05 X | |||
| Book Value Per Share | 8.69 X | |||
| Cash Flow From Operations | 10.38 M | |||
| Earnings Per Share | (1.89) X | |||
| Number Of Employees | 28 | |||
| Beta | 1.44 | |||
| Market Capitalization | 418.68 M | |||
| Z Score | 4.2 | |||
| Last Dividend Paid | 0.5 |
About Cayenne Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cayenne Entertainment Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cayenne Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cayenne Entertainment Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cayenne Entertainment
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 Cayenne Entertainment 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 Cayenne Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Cayenne Stock
Moving against Cayenne Stock
| 0.75 | 6763 | Green World Fintech | PairCorr |
| 0.71 | 2454 | MediaTek | PairCorr |
| 0.69 | 3231 | Wistron Corp | PairCorr |
| 0.67 | 2891B | CTBC Financial Holding | PairCorr |
| 0.66 | 2881B | Fubon Financial Holding | PairCorr |
The ability to find closely correlated positions to Cayenne Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cayenne Entertainment 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 Cayenne Entertainment - 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 Cayenne Entertainment Technology to buy it.
The correlation of Cayenne Entertainment 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 Cayenne Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cayenne Entertainment 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 Cayenne Entertainment 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.Additional Tools for Cayenne Stock Analysis
When running Cayenne Entertainment's price analysis, check to measure Cayenne Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cayenne Entertainment is operating at the current time. Most of Cayenne Entertainment's value examination focuses on studying past and present price action to predict the probability of Cayenne Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayenne Entertainment's price. Additionally, you may evaluate how the addition of Cayenne Entertainment to your portfolios can decrease your overall portfolio volatility.