Asia Electronic Net Income vs. Price To Book
| 4939 Stock | TWD 20.35 0.20 0.99% |
For Asia Electronic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asia Electronic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asia Electronic Material utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asia Electronic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asia Electronic Material over time as well as its relative position and ranking within its peers.
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Asia Electronic Material Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asia Electronic's current stock value. Our valuation model uses many indicators to compare Asia Electronic value to that of its competitors to determine the firm's financial worth. Asia Electronic Material is rated second in net income category among its peers. It is rated fourth in price to book category among its peers . The ratio of Net Income to Price To Book for Asia Electronic Material is about 174,715,857 . 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 Asia Electronic's earnings, one of the primary drivers of an investment's value.Asia Price To Book 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.
Asia Electronic |
| = | 173.09 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.
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.
Asia Electronic |
| = | 0.99 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.
Asia Price To Book Comparison
Asia Electronic is currently under evaluation in price to book category among its peers.
Asia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asia Electronic. 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 Asia Electronic 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 Asia Electronic's important profitability drivers and their relationship over time.
Use Asia Electronic 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 Asia Electronic 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 Asia Electronic will appreciate offsetting losses from the drop in the long position's value.Asia Electronic Pair Trading
Asia Electronic Material Pair Trading Analysis
The ability to find closely correlated positions to Asia Electronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asia Electronic 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 Asia Electronic - 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 Asia Electronic Material to buy it.
The correlation of Asia Electronic 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 Asia Electronic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asia Electronic Material 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 Asia Electronic 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 Asia Electronic position
In addition to having Asia Electronic 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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Additional Tools for Asia Stock Analysis
When running Asia Electronic's price analysis, check to measure Asia Electronic'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 Asia Electronic is operating at the current time. Most of Asia Electronic's value examination focuses on studying past and present price action to predict the probability of Asia Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Electronic's price. Additionally, you may evaluate how the addition of Asia Electronic to your portfolios can decrease your overall portfolio volatility.