Advenica Net Income vs. Current Valuation
| ADVE Stock | SEK 9.88 0.06 0.60% |
For Advenica profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Advenica to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Advenica AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Advenica's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Advenica AB over time as well as its relative position and ranking within its peers.
Advenica |
Advenica AB Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Advenica's current stock value. Our valuation model uses many indicators to compare Advenica value to that of its competitors to determine the firm's financial worth. Advenica AB is number one stock in net income category among its peers. It also is the top company in current valuation 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 Advenica's earnings, one of the primary drivers of an investment's value.Advenica Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Advenica |
| = | (45.65 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Advenica |
| = | 101.94 M |
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.
Advenica Current Valuation vs Competition
Advenica AB 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 5.52 Billion. Advenica claims roughly 101.94 Million in current valuation contributing just under 2% to equities listed under Software - Infrastructure industry.
Advenica Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Advenica, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Advenica will eventually generate negative long term returns. The profitability progress is the general direction of Advenica's change in net profit over the period of time. It can combine multiple indicators of Advenica, 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.
Advenica AB develops, manufactures, and sells cybersecurity solutions and services worldwide. Advenica AB was founded in 1993 and is headquartered in Malm, Sweden. Advenica operates under Security Products And Services classification in Sweden and is traded on Stockholm Stock Exchange.
Advenica Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Advenica. 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 Advenica 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 Advenica's important profitability drivers and their relationship over time.
Use Advenica 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 Advenica 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 Advenica will appreciate offsetting losses from the drop in the long position's value.Advenica Pair Trading
Advenica AB Pair Trading Analysis
The ability to find closely correlated positions to Advenica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advenica 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 Advenica - 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 Advenica AB to buy it.
The correlation of Advenica 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 Advenica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advenica AB 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 Advenica 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 Advenica position
In addition to having Advenica 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 Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 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 Toys Theme or any other thematic opportunities.
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Additional Tools for Advenica Stock Analysis
When running Advenica's price analysis, check to measure Advenica'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 Advenica is operating at the current time. Most of Advenica's value examination focuses on studying past and present price action to predict the probability of Advenica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advenica's price. Additionally, you may evaluate how the addition of Advenica to your portfolios can decrease your overall portfolio volatility.