Wing Yip Current Valuation vs. Total Debt
| 900340 Stock | 1,679 17.00 1.00% |
For Wing Yip profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wing Yip to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wing Yip Food utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wing Yip's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wing Yip Food over time as well as its relative position and ranking within its peers.
Wing |
Wing Yip Food Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wing Yip's current stock value. Our valuation model uses many indicators to compare Wing Yip value to that of its competitors to determine the firm's financial worth. Wing Yip Food is rated below average in current valuation category among its peers. It also is rated below average in total debt category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wing Yip by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wing Yip's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Wing Current Valuation vs. Competition
Wing Yip Food is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Food Products industry is presently estimated at about 873.16 Billion. Wing Yip has negative current valuation of (6.57 Billion) contributing less than 1% to the industry.
Wing Total Debt vs. Current Valuation
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.
Wing Yip |
| = | (6.57 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Wing Yip |
| = | 15.1 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Wing Total Debt vs Competition
Wing Yip Food is rated below average in total debt category among its peers. Total debt of Food Products industry is presently estimated at about 340.43 Billion. Wing Yip adds roughly 15.1 Million in total debt claiming only tiny portion of equities under Food Products industry.
Wing Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wing Yip. 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 Wing Yip 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 Wing Yip's important profitability drivers and their relationship over time.
Use Wing Yip 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 Wing Yip 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 Wing Yip will appreciate offsetting losses from the drop in the long position's value.Wing Yip Pair Trading
Wing Yip Food Pair Trading Analysis
The ability to find closely correlated positions to Wing Yip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wing Yip 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 Wing Yip - 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 Wing Yip Food to buy it.
The correlation of Wing Yip 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 Wing Yip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wing Yip Food 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 Wing Yip 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 Wing Yip position
In addition to having Wing Yip 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Wing Stock
When determining whether Wing Yip Food is a strong investment it is important to analyze Wing Yip's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wing Yip's future performance. For an informed investment choice regarding Wing Stock, refer to the following important reports:Check out Trending Equities. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project Wing Yip's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wing Yip Food at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Wing Yip's income statement, its balance sheet, and the statement of cash flows.