Song Hong Construction Stock Current Valuation
| ICG Stock | 7,400 300.00 3.90% |
Valuation analysis of Song Hong Construction helps investors to measure Song Hong'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 Song Hong's price fluctuation is very steady at this time. Calculation of the real value of Song Hong Construction is based on 3 months time horizon. Increasing Song Hong's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Song Hong is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Song Stock. However, Song Hong'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 7400.0 | Real 6069.0 | Hype 7400.0 | Naive 6997.91 |
The intrinsic value of Song Hong'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 Song Hong'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 Song Hong Construction helps investors to forecast how Song 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 Song Hong more accurately as focusing exclusively on Song Hong's fundamentals will not take into account other important factors: Song Hong Construction Company Current Valuation Analysis
Song Hong'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, Song Hong Construction has a Current Valuation of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Construction & Engineering (which currently averages 0.0) industry. The current valuation for all Vietnam stocks is 100.0% higher than that of the company.
Song Hong Construction is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Construction & Engineering industry is currently estimated at about 0.0. Song Hong adds roughly 0.0 in current valuation claiming only tiny portion of stocks in Construction & Engineering industry.
About Song Hong Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Song Hong Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Song Hong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Song Hong Construction 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 Song Hong
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 Song Hong 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 Song Hong will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Song Hong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Song Hong 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 Song Hong - 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 Song Hong Construction to buy it.
The correlation of Song Hong 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 Song Hong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Song Hong Construction 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 Song Hong 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.Other Information on Investing in Song Stock
Song Hong financial ratios help investors to determine whether Song Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Song with respect to the benefits of owning Song Hong security.