Aten International Cash And Equivalents vs. Current Valuation
| 6277 Stock | TWD 77.80 0.10 0.13% |
For Aten International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aten International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aten International Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aten International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aten International Co over time as well as its relative position and ranking within its peers.
Aten |
Aten International Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aten International's current stock value. Our valuation model uses many indicators to compare Aten International value to that of its competitors to determine the firm's financial worth. Aten International Co is rated fourth in cash and equivalents category among its peers. It also is rated fourth in current valuation category among its peers reporting about 2.88 of Current Valuation per Cash And Equivalents. 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 Aten International's earnings, one of the primary drivers of an investment's value.Aten Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aten International |
| = | 2.84 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Aten International |
| = | 8.19 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Aten Current Valuation vs Competition
Aten International Co is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 355.06 Billion. Aten International holds roughly 8.19 Billion in current valuation claiming about 2.31% of equities under Information Technology industry.
Aten International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aten International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aten International will eventually generate negative long term returns. The profitability progress is the general direction of Aten International's change in net profit over the period of time. It can combine multiple indicators of Aten International, 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.
Aten International Co., Ltd engages in the development, manufacture, and sale of IT infrastructure access management solution, professional audiovideo, green energy, and related products. The company was founded in 1979 and is headquartered in New Taipei City, Taiwan. ATEN INTERNATIONAL operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.
Aten Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aten International. 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 Aten International 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 Aten International's important profitability drivers and their relationship over time.
Use Aten International 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 Aten International 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 Aten International will appreciate offsetting losses from the drop in the long position's value.Aten International Pair Trading
Aten International Co Pair Trading Analysis
The ability to find closely correlated positions to Aten International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aten International 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 Aten International - 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 Aten International Co to buy it.
The correlation of Aten International 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 Aten International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aten International 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 Aten International 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 Aten International position
In addition to having Aten International 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 Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 37 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 Investing Theme or any other thematic opportunities.
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Additional Tools for Aten Stock Analysis
When running Aten International's price analysis, check to measure Aten International'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 Aten International is operating at the current time. Most of Aten International's value examination focuses on studying past and present price action to predict the probability of Aten International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aten International's price. Additionally, you may evaluate how the addition of Aten International to your portfolios can decrease your overall portfolio volatility.