ECloudvalley Digital Book Value Per Share vs. Current Valuation
| 6689 Stock | 91.80 0.80 0.88% |
For ECloudvalley Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ECloudvalley Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well eCloudvalley Digital Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ECloudvalley Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of eCloudvalley Digital Technology over time as well as its relative position and ranking within its peers.
ECloudvalley |
eCloudvalley Digital Current Valuation vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ECloudvalley Digital's current stock value. Our valuation model uses many indicators to compare ECloudvalley Digital value to that of its competitors to determine the firm's financial worth. eCloudvalley Digital Technology is number one stock in book value per share category among its peers. It also is the top company in current valuation category among its peers reporting about 59,344,780 of Current Valuation per Book Value Per Share. 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 ECloudvalley Digital's earnings, one of the primary drivers of an investment's value.ECloudvalley Current Valuation 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.
ECloudvalley Digital |
| = | 41.79 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.
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.
ECloudvalley Digital |
| = | 2.48 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.
ECloudvalley Current Valuation vs Competition
eCloudvalley Digital Technology is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software-Infrastructure industry is presently estimated at about 85.82 Billion. ECloudvalley Digital holds roughly 2.48 Billion in current valuation claiming about 2.89% of equities listed under Software-Infrastructure industry.
ECloudvalley Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ECloudvalley Digital. 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 ECloudvalley Digital 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 ECloudvalley Digital's important profitability drivers and their relationship over time.
Use ECloudvalley Digital 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 ECloudvalley Digital 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 ECloudvalley Digital will appreciate offsetting losses from the drop in the long position's value.ECloudvalley Digital Pair Trading
eCloudvalley Digital Technology Pair Trading Analysis
The ability to find closely correlated positions to ECloudvalley Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECloudvalley Digital 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 ECloudvalley Digital - 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 eCloudvalley Digital Technology to buy it.
The correlation of ECloudvalley Digital 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 ECloudvalley Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eCloudvalley Digital 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 ECloudvalley Digital 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 ECloudvalley Digital position
In addition to having ECloudvalley Digital 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for ECloudvalley Stock Analysis
When running ECloudvalley Digital's price analysis, check to measure ECloudvalley Digital'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 ECloudvalley Digital is operating at the current time. Most of ECloudvalley Digital's value examination focuses on studying past and present price action to predict the probability of ECloudvalley Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECloudvalley Digital's price. Additionally, you may evaluate how the addition of ECloudvalley Digital to your portfolios can decrease your overall portfolio volatility.