NIPPON PROLOGIS Z Score vs. Beta
| 9NPA Stock | EUR 1,340 10.00 0.74% |
For NIPPON PROLOGIS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NIPPON PROLOGIS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NIPPON PROLOGIS REIT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NIPPON PROLOGIS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NIPPON PROLOGIS REIT over time as well as its relative position and ranking within its peers.
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NIPPON PROLOGIS REIT Beta vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NIPPON PROLOGIS's current stock value. Our valuation model uses many indicators to compare NIPPON PROLOGIS value to that of its competitors to determine the firm's financial worth. NIPPON PROLOGIS REIT is rated third in z score category among its peers. It is number one stock in beta category among its peers . 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 NIPPON PROLOGIS's earnings, one of the primary drivers of an investment's value.NIPPON Beta vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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| = | 1.2 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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| = | -0.15 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
NIPPON Beta Comparison
NIPPON PROLOGIS is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning NIPPON PROLOGIS are expected to decrease at a much lower rate. During the bear market, NIPPON PROLOGIS is likely to outperform the market.
NIPPON PROLOGIS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NIPPON PROLOGIS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NIPPON PROLOGIS will eventually generate negative long term returns. The profitability progress is the general direction of NIPPON PROLOGIS's change in net profit over the period of time. It can combine multiple indicators of NIPPON PROLOGIS, 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.
NPR was established on Nov. 7, 2012, based on the Act on Investment Trust and Investment Corporation and was listed on the REIT Securities Market of the Tokyo Stock Exchange on Feb. 14, 2013 . NPR aims to maximize its unit holder value through stability in rental revenues and steady growth of its portfolio and by optimizing the value of its portfolio. Nippon Prologis is traded on Frankfurt Stock Exchange in Germany.
NIPPON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NIPPON PROLOGIS. 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 NIPPON PROLOGIS 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 NIPPON PROLOGIS's important profitability drivers and their relationship over time.
Use NIPPON PROLOGIS 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 NIPPON PROLOGIS 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 NIPPON PROLOGIS will appreciate offsetting losses from the drop in the long position's value.NIPPON PROLOGIS Pair Trading
NIPPON PROLOGIS REIT Pair Trading Analysis
The ability to find closely correlated positions to NIPPON PROLOGIS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NIPPON PROLOGIS 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 NIPPON PROLOGIS - 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 NIPPON PROLOGIS REIT to buy it.
The correlation of NIPPON PROLOGIS 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 NIPPON PROLOGIS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NIPPON PROLOGIS REIT 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 NIPPON PROLOGIS 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 NIPPON PROLOGIS position
In addition to having NIPPON PROLOGIS 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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Other Information on Investing in NIPPON Stock
To fully project NIPPON PROLOGIS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NIPPON PROLOGIS REIT 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 NIPPON PROLOGIS's income statement, its balance sheet, and the statement of cash flows.