Motorcar Parts Net Income vs. Price To Book
| 54M Stock | EUR 7.50 0.10 1.35% |
For Motorcar Parts profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Motorcar Parts to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Motorcar Parts of utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Motorcar Parts's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Motorcar Parts of over time as well as its relative position and ranking within its peers.
Motorcar |
Motorcar Parts Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Motorcar Parts's current stock value. Our valuation model uses many indicators to compare Motorcar Parts value to that of its competitors to determine the firm's financial worth. Motorcar Parts of is rated second in net income category among its peers. It also is rated second in price to book category among its peers . The ratio of Net Income to Price To Book for Motorcar Parts of is about 10,155,905 . 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 Motorcar Parts' earnings, one of the primary drivers of an investment's value.Motorcar 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.
Motorcar Parts |
| = | 7.36 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.
Motorcar Parts |
| = | 0.72 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.
Motorcar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Motorcar Parts. 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 Motorcar Parts 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 Motorcar Parts' important profitability drivers and their relationship over time.
Use Motorcar Parts 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 Motorcar Parts 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 Motorcar Parts will appreciate offsetting losses from the drop in the long position's value.Motorcar Parts Pair Trading
Motorcar Parts of Pair Trading Analysis
The ability to find closely correlated positions to Motorcar Parts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Motorcar Parts 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 Motorcar Parts - 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 Motorcar Parts of to buy it.
The correlation of Motorcar Parts 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 Motorcar Parts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Motorcar Parts 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 Motorcar Parts 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 Motorcar Parts position
In addition to having Motorcar Parts 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Motorcar Stock
When determining whether Motorcar Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Motorcar Parts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Motorcar Parts Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Motorcar Parts Of Stock:Check out Trending Equities. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
To fully project Motorcar Parts' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Motorcar Parts 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 Motorcar Parts' income statement, its balance sheet, and the statement of cash flows.