Aten International Price To Sales vs. Price To Book
| 6277 Stock | TWD 76.60 0.20 0.26% |
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 Price To Book vs. Price To Sales 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 third in price to sales category among its peers. It also is rated third in price to book category among its peers fabricating about 1.17 of Price To Book per Price To Sales. 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 Price To Book vs. Price To Sales
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.
Aten International |
| = | 1.73 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.
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.
Aten International |
| = | 2.02 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.
Aten Price To Book Comparison
Aten International is currently under evaluation in price to book category among its peers.
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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
| View All Next | Launch |
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.