Hiwin Technologies Price To Sales vs. Shares Outstanding
| 2049 Stock | TWD 248.00 1.00 0.40% |
For Hiwin Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hiwin Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hiwin Technologies Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hiwin Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hiwin Technologies Corp over time as well as its relative position and ranking within its peers.
Hiwin |
Hiwin Technologies Corp Shares Outstanding vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hiwin Technologies's current stock value. Our valuation model uses many indicators to compare Hiwin Technologies value to that of its competitors to determine the firm's financial worth. Hiwin Technologies Corp is number one stock in price to sales category among its peers. It also is number one stock in shares outstanding category among its peers creating about 159,675,046 of Shares Outstanding per Price To Sales. 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 Hiwin Technologies' earnings, one of the primary drivers of an investment's value.Hiwin Shares Outstanding vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hiwin Technologies |
| = | 2.22 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Hiwin Technologies |
| = | 353.79 M |
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.
Hiwin Shares Outstanding Comparison
Hiwin Technologies is currently under evaluation in shares outstanding category among its peers.
Hiwin Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hiwin Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hiwin Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Hiwin Technologies' change in net profit over the period of time. It can combine multiple indicators of Hiwin Technologies, 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.
Hiwin Technologies Corp. manufactures and sells motion control and systematic technology products worldwide. Hiwin Technologies Corp. was founded in 1989 and is headquartered in Taichung, Taiwan. HIWIN TECHNOLOGIES operates under Tools Accessories classification in Taiwan and is traded on Taiwan Stock Exchange.
Hiwin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hiwin Technologies. 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 Hiwin Technologies 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 Hiwin Technologies' important profitability drivers and their relationship over time.
Use Hiwin Technologies 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 Hiwin Technologies 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 Hiwin Technologies will appreciate offsetting losses from the drop in the long position's value.Hiwin Technologies Pair Trading
Hiwin Technologies Corp Pair Trading Analysis
The ability to find closely correlated positions to Hiwin Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hiwin Technologies 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 Hiwin Technologies - 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 Hiwin Technologies Corp to buy it.
The correlation of Hiwin Technologies 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 Hiwin Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hiwin Technologies 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 Hiwin Technologies 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 Hiwin Technologies position
In addition to having Hiwin Technologies 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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Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
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Additional Tools for Hiwin Stock Analysis
When running Hiwin Technologies' price analysis, check to measure Hiwin Technologies' 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 Hiwin Technologies is operating at the current time. Most of Hiwin Technologies' value examination focuses on studying past and present price action to predict the probability of Hiwin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiwin Technologies' price. Additionally, you may evaluate how the addition of Hiwin Technologies to your portfolios can decrease your overall portfolio volatility.