MTouche Technology Market Capitalization vs. Net Income
| 0092 Stock | 0.04 0.01 14.29% |
For MTouche Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MTouche Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well mTouche Technology Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MTouche Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of mTouche Technology Bhd over time as well as its relative position and ranking within its peers.
MTouche |
mTouche Technology Bhd Net Income vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MTouche Technology's current stock value. Our valuation model uses many indicators to compare MTouche Technology value to that of its competitors to determine the firm's financial worth. mTouche Technology Bhd is rated below average in market capitalization category among its peers. It is rated below average in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MTouche Technology's earnings, one of the primary drivers of an investment's value.MTouche Market Capitalization vs. Competition
mTouche Technology Bhd is rated below average in market capitalization category among its peers. Market capitalization of Software & IT Services industry is presently estimated at about 2.39 Billion. MTouche Technology holds roughly 50.97 Million in market capitalization claiming about 2.13% of equities listed under Software & IT Services industry.
MTouche Net Income vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
MTouche Technology |
| = | 50.97 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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.
MTouche Technology |
| = | (11.04 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.
MTouche Net Income Comparison
MTouche Technology is rated below average in net income category among its peers.
MTouche Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MTouche Technology. 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 MTouche Technology 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 MTouche Technology's important profitability drivers and their relationship over time.
Use MTouche Technology 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 MTouche Technology 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 MTouche Technology will appreciate offsetting losses from the drop in the long position's value.MTouche Technology Pair Trading
mTouche Technology Bhd Pair Trading Analysis
The ability to find closely correlated positions to MTouche Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTouche Technology 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 MTouche Technology - 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 mTouche Technology Bhd to buy it.
The correlation of MTouche Technology 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 MTouche Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if mTouche Technology Bhd 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 MTouche Technology 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 MTouche Technology position
In addition to having MTouche Technology 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment 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 Medical Equipment Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in MTouche Stock
To fully project MTouche Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of mTouche Technology Bhd 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 MTouche Technology's income statement, its balance sheet, and the statement of cash flows.