Union Bank Price To Sales vs. Revenue

2838 Stock  TWD 15.60  0.05  0.32%   
Taking into consideration Union Bank's profitability measurements, Union Bank of may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Union Bank's ability to earn profits and add value for shareholders.
For Union Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Union Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Union Bank of utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Union Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Union Bank of over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Union Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Union Bank Revenue vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Union Bank's current stock value. Our valuation model uses many indicators to compare Union Bank value to that of its competitors to determine the firm's financial worth.
Union Bank of is rated below average in price to sales category among its peers. It is rated fourth in revenue category among its peers totaling about  4,437,303,945  of Revenue 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 Union Bank's earnings, one of the primary drivers of an investment's value.

Union Revenue 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.

Union Bank

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3.80 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.
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.

Union Bank

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
16.85 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.

Union Revenue vs Competition

Union Bank of is rated fourth in revenue category among its peers. Market size based on revenue of Financials industry is presently estimated at about 142.24 Billion. Union Bank retains roughly 16.85 Billion in revenue claiming about 12% of equities under Financials industry.

Union Bank Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Union Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Union Bank will eventually generate negative long term returns. The profitability progress is the general direction of Union Bank's change in net profit over the period of time. It can combine multiple indicators of Union Bank, 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.
Union Bank of Taiwan provides various banking products and services. Union Bank of Taiwan was founded in 1989 and is headquartered in Taipei, Taiwan. UNION BANK is traded on Taiwan Stock Exchange in Taiwan.

Union Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Union Bank. 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 Union Bank 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 Union Bank's important profitability drivers and their relationship over time.

Use Union Bank 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 Union Bank 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 Union Bank will appreciate offsetting losses from the drop in the long position's value.

Union Bank Pair Trading

Union Bank of Pair Trading Analysis

The ability to find closely correlated positions to Union Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Bank 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 Union Bank - 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 Union Bank of to buy it.
The correlation of Union Bank 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 Union Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Bank 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 Union Bank 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Union Bank position

In addition to having Union Bank 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.

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Medical Equipment Theme
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.
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Additional Tools for Union Stock Analysis

When running Union Bank's price analysis, check to measure Union Bank'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 Union Bank is operating at the current time. Most of Union Bank's value examination focuses on studying past and present price action to predict the probability of Union Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Bank's price. Additionally, you may evaluate how the addition of Union Bank to your portfolios can decrease your overall portfolio volatility.