577 Investment Corp Stock Price To Sales
| NBB Stock | 23,000 1,400 6.48% |
577 Investment Corp fundamentals help investors to digest information that contributes to 577 Investment's financial success or failures. It also enables traders to predict the movement of 577 Stock. The fundamental analysis module provides a way to measure 577 Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 577 Investment stock.
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577 Investment Corp Company Price To Sales Analysis
577 Investment's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, 577 Investment Corp has a Price To Sales of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Real Estate Operations (which currently averages 0.0) industry. This indicator is about the same for all Vietnam stocks average (which is currently at 0.0).
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About 577 Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 577 Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 577 Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 577 Investment Corp 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 577 Investment
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 577 Investment 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 577 Investment will appreciate offsetting losses from the drop in the long position's value.Moving against 577 Stock
| 0.85 | AAA | An Phat Plastic | PairCorr |
| 0.73 | AAM | Mekong Fisheries JSC | PairCorr |
| 0.72 | ADS | Damsan JSC | PairCorr |
| 0.69 | ABS | Binhthuan Agriculture | PairCorr |
| 0.69 | ABT | Bentre Aquaproduct Import | PairCorr |
The ability to find closely correlated positions to 577 Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 577 Investment 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 577 Investment - 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 577 Investment Corp to buy it.
The correlation of 577 Investment 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 577 Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 577 Investment Corp 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 577 Investment 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 577 Stock
577 Investment financial ratios help investors to determine whether 577 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 577 with respect to the benefits of owning 577 Investment security.