ELECOM CO Shares Owned By Institutions vs. Cash Per Share
| 9EL Stock | EUR 8.90 0.10 1.14% |
For ELECOM CO profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ELECOM CO to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ELECOM LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ELECOM CO's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ELECOM LTD over time as well as its relative position and ranking within its peers.
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ELECOM LTD Cash Per Share vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ELECOM CO's current stock value. Our valuation model uses many indicators to compare ELECOM CO value to that of its competitors to determine the firm's financial worth. ELECOM LTD is rated below average in shares owned by institutions category among its peers. It is rated second in cash per share category among its peers fabricating about 35.89 of Cash Per Share per Shares Owned By Institutions. 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 ELECOM CO's earnings, one of the primary drivers of an investment's value.ELECOM Cash Per Share vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
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| = | 18.79 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 674.34 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
ELECOM Cash Per Share Comparison
ELECOM is number one stock in cash per share category among its peers.
ELECOM CO Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ELECOM CO, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ELECOM CO will eventually generate negative long term returns. The profitability progress is the general direction of ELECOM CO's change in net profit over the period of time. It can combine multiple indicators of ELECOM CO, 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.
Elecom Co., Ltd. manufactures and sells personal computer and digital device related products worldwide. The company was incorporated in 1986 and is headquartered in Osaka, Japan. ELECOM operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1452 people.
ELECOM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ELECOM CO. 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 ELECOM CO 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 ELECOM CO's important profitability drivers and their relationship over time.
Use ELECOM CO 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 ELECOM CO 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 ELECOM CO will appreciate offsetting losses from the drop in the long position's value.ELECOM CO Pair Trading
ELECOM LTD Pair Trading Analysis
The ability to find closely correlated positions to ELECOM CO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ELECOM CO 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 ELECOM CO - 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 ELECOM LTD to buy it.
The correlation of ELECOM CO 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 ELECOM CO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ELECOM LTD 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 ELECOM CO 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 ELECOM CO position
In addition to having ELECOM CO 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?
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Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 constituents at this time.
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Other Information on Investing in ELECOM Stock
To fully project ELECOM CO's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ELECOM LTD 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 ELECOM CO's income statement, its balance sheet, and the statement of cash flows.