Andes Technology Revenue vs. Current Valuation
| 6533 Stock | 416.50 9.00 2.21% |
For Andes Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Andes Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Andes Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Andes Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Andes Technology Corp over time as well as its relative position and ranking within its peers.
Andes |
Andes Technology Corp Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Andes Technology's current stock value. Our valuation model uses many indicators to compare Andes Technology value to that of its competitors to determine the firm's financial worth. Andes Technology Corp is the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 28.33 of Current Valuation per Revenue. 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 Andes Technology's earnings, one of the primary drivers of an investment's value.Andes Revenue vs. Competition
Andes Technology Corp is the top company in revenue category among its peers. Market size based on revenue of Semiconductors industry is presently estimated at about 214.12 Billion. Andes Technology adds roughly 819.78 Million in revenue claiming only tiny portion of equities listed under Semiconductors industry.
Andes Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Andes Technology |
| = | 819.78 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Andes Technology |
| = | 23.22 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.
Andes Current Valuation vs Competition
Andes Technology Corp is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Semiconductors industry is presently estimated at about 71.35 Billion. Andes Technology totals roughly 23.22 Billion in current valuation claiming about 33% of equities listed under Semiconductors industry.
Andes Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Andes 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 Andes 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 Andes Technology's important profitability drivers and their relationship over time.
Use Andes 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 Andes 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 Andes Technology will appreciate offsetting losses from the drop in the long position's value.Andes Technology Pair Trading
Andes Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Andes 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 Andes 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 Andes 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 Andes Technology Corp to buy it.
The correlation of Andes 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 Andes Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andes Technology Corp 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 Andes 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 Andes Technology position
In addition to having Andes 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?
Run Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Tools for Andes Stock Analysis
When running Andes Technology's price analysis, check to measure Andes 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 Andes Technology is operating at the current time. Most of Andes Technology's value examination focuses on studying past and present price action to predict the probability of Andes 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 Andes Technology's price. Additionally, you may evaluate how the addition of Andes Technology to your portfolios can decrease your overall portfolio volatility.