Liton Technology Book Value Per Share vs. Return On Asset
| 6175 Stock | TWD 40.25 1.05 2.54% |
For Liton Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Liton Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Liton Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Liton Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Liton Technology over time as well as its relative position and ranking within its peers.
Liton |
Liton Technology Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Liton Technology's current stock value. Our valuation model uses many indicators to compare Liton Technology value to that of its competitors to determine the firm's financial worth. Liton Technology is number one stock in book value per share category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Book Value Per Share to Return On Asset for Liton Technology is about 280.67 . 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 Liton Technology's earnings, one of the primary drivers of an investment's value.Liton Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Liton Technology |
| = | 21.70 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Liton Technology |
| = | 0.0773 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Liton Return On Asset Comparison
Liton Technology is currently under evaluation in return on asset category among its peers.
Liton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Liton Technology. 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 Liton Technology 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 Liton Technology's important profitability drivers and their relationship over time.
Use Liton Technology 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 Liton Technology 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 Liton Technology will appreciate offsetting losses from the drop in the long position's value.Liton Technology Pair Trading
Liton Technology Pair Trading Analysis
The ability to find closely correlated positions to Liton Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liton Technology 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 Liton Technology - 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 Liton Technology to buy it.
The correlation of Liton Technology 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 Liton Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liton Technology 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 Liton Technology 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 Liton Technology position
In addition to having Liton Technology 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?
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Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
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Additional Tools for Liton Stock Analysis
When running Liton Technology's price analysis, check to measure Liton Technology'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 Liton Technology is operating at the current time. Most of Liton Technology's value examination focuses on studying past and present price action to predict the probability of Liton Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liton Technology's price. Additionally, you may evaluate how the addition of Liton Technology to your portfolios can decrease your overall portfolio volatility.