GRG Banking Net Income vs. Current Valuation
| 002152 Stock | 12.24 0.02 0.16% |
For GRG Banking profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GRG Banking to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GRG Banking Equipment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GRG Banking's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GRG Banking Equipment over time as well as its relative position and ranking within its peers.
GRG |
GRG Banking Equipment Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GRG Banking's current stock value. Our valuation model uses many indicators to compare GRG Banking value to that of its competitors to determine the firm's financial worth. GRG Banking Equipment is rated second in net income category among its peers. It also is rated second in current valuation category among its peers reporting about 23.07 of Current Valuation per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value GRG Banking by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GRG Banking's 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.GRG Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
GRG Banking |
| = | 976.92 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
GRG Banking |
| = | 22.54 B |
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.
GRG Current Valuation vs Competition
GRG Banking Equipment is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 1.16 Trillion. GRG Banking claims roughly 22.54 Billion in current valuation contributing just under 2% to equities under Information Technology industry.
GRG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GRG Banking. 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 GRG Banking 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 GRG Banking's important profitability drivers and their relationship over time.
Use GRG Banking 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 GRG Banking 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 GRG Banking will appreciate offsetting losses from the drop in the long position's value.GRG Banking Pair Trading
GRG Banking Equipment Pair Trading Analysis
The ability to find closely correlated positions to GRG Banking could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GRG Banking 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 GRG Banking - 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 GRG Banking Equipment to buy it.
The correlation of GRG Banking 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 GRG Banking moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GRG Banking Equipment 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 GRG Banking 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 GRG Banking position
In addition to having GRG Banking 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Other Information on Investing in GRG Stock
To fully project GRG Banking's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GRG Banking Equipment 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 GRG Banking's income statement, its balance sheet, and the statement of cash flows.