Hyundai Heavy Gross Profit vs. Price To Sales
| 329180 Stock | 233,000 1,000.00 0.43% |
For Hyundai Heavy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hyundai Heavy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hyundai Heavy Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hyundai Heavy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hyundai Heavy Industries over time as well as its relative position and ranking within its peers.
Hyundai |
Hyundai Heavy Industries Price To Sales vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hyundai Heavy's current stock value. Our valuation model uses many indicators to compare Hyundai Heavy value to that of its competitors to determine the firm's financial worth. Hyundai Heavy Industries is number one stock in gross profit category among its peers. It also is number one stock in price to sales category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hyundai Heavy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hyundai Heavy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hyundai Price To Sales vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Hyundai Heavy |
| = | (212.25 B) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Hyundai Heavy |
| = | 1.19 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.
Hyundai Price To Sales Comparison
Hyundai Heavy is currently under evaluation in price to sales category among its peers.
Hyundai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hyundai Heavy. 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 Hyundai Heavy 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 Hyundai Heavy's important profitability drivers and their relationship over time.
Use Hyundai Heavy 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 Hyundai Heavy 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 Hyundai Heavy will appreciate offsetting losses from the drop in the long position's value.Hyundai Heavy Pair Trading
Hyundai Heavy Industries Pair Trading Analysis
The ability to find closely correlated positions to Hyundai Heavy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyundai Heavy 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 Hyundai Heavy - 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 Hyundai Heavy Industries to buy it.
The correlation of Hyundai Heavy 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 Hyundai Heavy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyundai Heavy Industries 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 Hyundai Heavy 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 Hyundai Heavy position
In addition to having Hyundai Heavy 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 Corporate ETFs Thematic Idea Now
Corporate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 223 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 Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Hyundai Stock
To fully project Hyundai Heavy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hyundai Heavy Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hyundai Heavy's income statement, its balance sheet, and the statement of cash flows.