UPC Technology Price To Earning vs. Shares Outstanding
| 1313 Stock | TWD 9.91 0.34 3.32% |
For UPC Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of UPC Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well UPC Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between UPC Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of UPC Technology Corp over time as well as its relative position and ranking within its peers.
UPC |
UPC Technology Corp Shares Outstanding vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining UPC Technology's current stock value. Our valuation model uses many indicators to compare UPC Technology value to that of its competitors to determine the firm's financial worth. UPC Technology Corp is rated third in price to earning category among its peers. It is rated second in shares outstanding category among its peers creating about 86,939,695 of Shares Outstanding per Price To Earning. 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 UPC Technology's earnings, one of the primary drivers of an investment's value.UPC Shares Outstanding vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
UPC Technology |
| = | 15.09 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
UPC Technology |
| = | 1.31 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
UPC Shares Outstanding Comparison
UPC Technology is currently under evaluation in shares outstanding category among its peers.
UPC Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in UPC Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, UPC Technology will eventually generate negative long term returns. The profitability progress is the general direction of UPC Technology's change in net profit over the period of time. It can combine multiple indicators of UPC Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
UPC Technology Corporation, together with its subsidiaries, manufactures and sells petrochemical products in Taiwan, China, Southeast Asia, Japan, the Middle East, New Zealand, Australia, the United States, and Canada. UPC Technology Corporation was founded in 1976 and is headquartered in Taipei, Taiwan. UPC TECHNOLOGY operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
UPC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on UPC 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 UPC 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 UPC Technology's important profitability drivers and their relationship over time.
Use UPC 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 UPC 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 UPC Technology will appreciate offsetting losses from the drop in the long position's value.UPC Technology Pair Trading
UPC Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to UPC 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 UPC 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 UPC 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 UPC Technology Corp to buy it.
The correlation of UPC 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 UPC Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UPC Technology 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 UPC 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 UPC Technology position
In addition to having UPC 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Additional Tools for UPC Stock Analysis
When running UPC Technology's price analysis, check to measure UPC Technology'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 UPC Technology is operating at the current time. Most of UPC Technology's value examination focuses on studying past and present price action to predict the probability of UPC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UPC Technology's price. Additionally, you may evaluate how the addition of UPC Technology to your portfolios can decrease your overall portfolio volatility.