Chenming Mold Net Income vs. Cash Per Share
| 3013 Stock | TWD 145.00 3.50 2.36% |
For Chenming Mold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chenming Mold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chenming Mold Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chenming Mold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chenming Mold Industrial over time as well as its relative position and ranking within its peers.
Chenming |
Chenming Mold Industrial Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chenming Mold's current stock value. Our valuation model uses many indicators to compare Chenming Mold value to that of its competitors to determine the firm's financial worth. Chenming Mold Industrial is rated fourth in net income category among its peers. It is rated below average in cash per share 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 Chenming Mold's earnings, one of the primary drivers of an investment's value.Chenming Cash Per Share vs. Net Income
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.
Chenming Mold |
| = | (114.94 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Chenming Mold |
| = | 1.83 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Chenming Cash Per Share Comparison
Chenming Mold is currently under evaluation in cash per share category among its peers.
Chenming Mold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chenming Mold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chenming Mold will eventually generate negative long term returns. The profitability progress is the general direction of Chenming Mold's change in net profit over the period of time. It can combine multiple indicators of Chenming Mold, 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.
Chenming Mold Ind. Corporation manufactures and sells various mechanical parts in Asia and North America.
Chenming Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chenming Mold. 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 Chenming Mold 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 Chenming Mold's important profitability drivers and their relationship over time.
Use Chenming Mold 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 Chenming Mold 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 Chenming Mold will appreciate offsetting losses from the drop in the long position's value.Chenming Mold Pair Trading
Chenming Mold Industrial Pair Trading Analysis
The ability to find closely correlated positions to Chenming Mold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chenming Mold 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 Chenming Mold - 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 Chenming Mold Industrial to buy it.
The correlation of Chenming Mold 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 Chenming Mold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chenming Mold Industrial 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 Chenming Mold 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 Chenming Mold position
In addition to having Chenming Mold 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 Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 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 Utilities ETFs Theme or any other thematic opportunities.
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Additional Tools for Chenming Stock Analysis
When running Chenming Mold's price analysis, check to measure Chenming Mold'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 Chenming Mold is operating at the current time. Most of Chenming Mold's value examination focuses on studying past and present price action to predict the probability of Chenming Mold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chenming Mold's price. Additionally, you may evaluate how the addition of Chenming Mold to your portfolios can decrease your overall portfolio volatility.