GRG Banking Net Income vs. Price To Book
Considering the key profitability indicators obtained from GRG Banking's historical financial statements, GRG Banking Equipment may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess GRG Banking's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Please note, there is a significant difference between GRG Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if GRG Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GRG Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 Price To Book 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 number one stock in net income category among its peers. It also is number one stock in price to book category among its peers . The ratio of Net Income to Price To Book for GRG Banking Equipment is about 395,226,142 . 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 Price To Book 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
GRG Banking |
| = | 2.47 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
GRG Price To Book Comparison
GRG Banking is currently under evaluation in price to book category among its peers.
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 Cars Thematic Idea Now
Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 42 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 Cars Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Tools for GRG Stock
When running GRG Banking's price analysis, check to measure GRG Banking'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 GRG Banking is operating at the current time. Most of GRG Banking's value examination focuses on studying past and present price action to predict the probability of GRG Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRG Banking's price. Additionally, you may evaluate how the addition of GRG Banking to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |