Ni Steel Revenue vs. Gross Profit
| 008260 Stock | 3,650 40.00 1.08% |
For Ni Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ni Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ni Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ni Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ni Steel over time as well as its relative position and ranking within its peers.
008260 |
Ni Steel Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ni Steel's current stock value. Our valuation model uses many indicators to compare Ni Steel value to that of its competitors to determine the firm's financial worth. Ni Steel is the top company in revenue category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.18 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Ni Steel is roughly 5.54 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ni Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ni Steel'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.008260 Revenue vs. Competition
Ni Steel is the top company in revenue category among its peers. Market size based on revenue of Steel industry is presently estimated at about 19.6 Trillion. Ni Steel claims roughly 248.21 Billion in revenue contributing just under 2% to equities listed under Steel industry.
008260 Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ni Steel |
| = | 248.21 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Ni Steel |
| = | 44.78 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
008260 Gross Profit Comparison
Ni Steel is currently under evaluation in gross profit category among its peers.
008260 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ni Steel. 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 Ni Steel 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 Ni Steel's important profitability drivers and their relationship over time.
Use Ni Steel 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 Ni Steel 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 Ni Steel will appreciate offsetting losses from the drop in the long position's value.Ni Steel Pair Trading
Ni Steel Pair Trading Analysis
The ability to find closely correlated positions to Ni Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ni Steel 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 Ni Steel - 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 Ni Steel to buy it.
The correlation of Ni Steel 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 Ni Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ni Steel 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 Ni Steel 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 Ni Steel position
In addition to having Ni Steel 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?
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Other Information on Investing in 008260 Stock
To fully project Ni Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ni Steel 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 Ni Steel's income statement, its balance sheet, and the statement of cash flows.