Wowprime Corp Price To Book vs. Return On Asset
| 2727 Stock | TWD 230.00 2.00 0.86% |
For Wowprime Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wowprime Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wowprime Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wowprime Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wowprime Corp over time as well as its relative position and ranking within its peers.
Wowprime |
Wowprime Corp Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wowprime Corp's current stock value. Our valuation model uses many indicators to compare Wowprime Corp value to that of its competitors to determine the firm's financial worth. Wowprime Corp is number one stock in price to book category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Price To Book to Return On Asset for Wowprime Corp is about 224.70 . 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 Wowprime Corp's earnings, one of the primary drivers of an investment's value.Wowprime Return On Asset vs. Price To Book
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.
Wowprime Corp |
| = | 4.09 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Wowprime Corp |
| = | 0.0182 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Wowprime Return On Asset Comparison
Wowprime Corp is currently under evaluation in return on asset category among its peers.
Wowprime Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wowprime Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wowprime Corp will eventually generate negative long term returns. The profitability progress is the general direction of Wowprime Corp's change in net profit over the period of time. It can combine multiple indicators of Wowprime Corp, 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.
The company offers Western steak, Japanese style cuisine, original grilled, Hokkaido kelp hotpot, teppanyaki, Japanese pork chop, hot pot, and Italian veggie cuisines. The company was founded in 1993 and is based in Taichung, Taiwan. WOWPRIME CORP operates under Restaurants classification in Taiwan and is traded on Taiwan Stock Exchange.
Wowprime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wowprime Corp. 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 Wowprime Corp 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 Wowprime Corp's important profitability drivers and their relationship over time.
Use Wowprime Corp 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 Wowprime Corp 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 Wowprime Corp will appreciate offsetting losses from the drop in the long position's value.Wowprime Corp Pair Trading
Wowprime Corp Pair Trading Analysis
The ability to find closely correlated positions to Wowprime Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wowprime Corp 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 Wowprime Corp - 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 Wowprime Corp to buy it.
The correlation of Wowprime Corp 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 Wowprime Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wowprime 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 Wowprime Corp 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 Wowprime Corp position
In addition to having Wowprime Corp 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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Additional Tools for Wowprime Stock Analysis
When running Wowprime Corp's price analysis, check to measure Wowprime Corp'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 Wowprime Corp is operating at the current time. Most of Wowprime Corp's value examination focuses on studying past and present price action to predict the probability of Wowprime Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wowprime Corp's price. Additionally, you may evaluate how the addition of Wowprime Corp to your portfolios can decrease your overall portfolio volatility.