AIR PRODCHEMICALS Current Valuation vs. Price To Book
| AP3 Stock | EUR 316.30 0.20 0.06% |
For AIR PRODCHEMICALS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AIR PRODCHEMICALS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AIR PRODCHEMICALS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AIR PRODCHEMICALS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AIR PRODCHEMICALS over time as well as its relative position and ranking within its peers.
AIR |
AIR PRODCHEMICALS Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AIR PRODCHEMICALS's current stock value. Our valuation model uses many indicators to compare AIR PRODCHEMICALS value to that of its competitors to determine the firm's financial worth. AIR PRODCHEMICALS is the top company in current valuation category among its peers. It is rated second in price to book category among its peers . The ratio of Current Valuation to Price To Book for AIR PRODCHEMICALS is about 13,450,639,302 . 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 AIR PRODCHEMICALS's earnings, one of the primary drivers of an investment's value.AIR Current Valuation vs. Competition
AIR PRODCHEMICALS is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is presently estimated at about 112.69 Billion. AIR PRODCHEMICALS totals roughly 73.24 Billion in current valuation claiming about 65% of all equities under Other industry.
AIR Price To Book 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.
AIR PRODCHEMICALS |
| = | 73.24 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
AIR PRODCHEMICALS |
| = | 5.45 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
AIR Price To Book Comparison
AIR PRODCHEMICALS is currently under evaluation in price to book category among its peers.
AIR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AIR PRODCHEMICALS. 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 AIR PRODCHEMICALS 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 AIR PRODCHEMICALS's important profitability drivers and their relationship over time.
Use AIR PRODCHEMICALS 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 AIR PRODCHEMICALS 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 AIR PRODCHEMICALS will appreciate offsetting losses from the drop in the long position's value.AIR PRODCHEMICALS Pair Trading
AIR PRODCHEMICALS Pair Trading Analysis
The ability to find closely correlated positions to AIR PRODCHEMICALS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AIR PRODCHEMICALS 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 AIR PRODCHEMICALS - 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 AIR PRODCHEMICALS to buy it.
The correlation of AIR PRODCHEMICALS 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 AIR PRODCHEMICALS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AIR PRODCHEMICALS 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 AIR PRODCHEMICALS 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 AIR PRODCHEMICALS position
In addition to having AIR PRODCHEMICALS 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 Preferred Stock ETFs Thematic Idea Now
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 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 Preferred Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for AIR Stock Analysis
When running AIR PRODCHEMICALS's price analysis, check to measure AIR PRODCHEMICALS'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 AIR PRODCHEMICALS is operating at the current time. Most of AIR PRODCHEMICALS's value examination focuses on studying past and present price action to predict the probability of AIR PRODCHEMICALS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIR PRODCHEMICALS's price. Additionally, you may evaluate how the addition of AIR PRODCHEMICALS to your portfolios can decrease your overall portfolio volatility.