AudioCodes Current Valuation vs. Shares Owned By Institutions
| AUDC Stock | ILA 3,344 26.00 0.77% |
For AudioCodes profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AudioCodes to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AudioCodes utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AudioCodes's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AudioCodes over time as well as its relative position and ranking within its peers.
AudioCodes |
AudioCodes Shares Owned By Institutions vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AudioCodes's current stock value. Our valuation model uses many indicators to compare AudioCodes value to that of its competitors to determine the firm's financial worth. AudioCodes is rated third in current valuation category among its peers. It also is rated third in shares owned by institutions category among its peers . The ratio of Current Valuation to Shares Owned By Institutions for AudioCodes is about 43,004,962 . Comparative valuation analysis is a catch-all model that can be used if you cannot value AudioCodes by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AudioCodes' 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.AudioCodes Current Valuation vs. Competition
AudioCodes is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Equipment industry is presently estimated at about 70.46 Billion. AudioCodes holds roughly 1.87 Billion in current valuation claiming about 2.66% of stocks in Communication Equipment industry.
AudioCodes Shares Owned By Institutions 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.
AudioCodes |
| = | 1.87 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.
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.
AudioCodes |
| = | 43.54 % |
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.
AudioCodes Shares Owned By Institutions Comparison
AudioCodes is rated second in shares owned by institutions category among its peers.
AudioCodes Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AudioCodes, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AudioCodes will eventually generate negative long term returns. The profitability progress is the general direction of AudioCodes' change in net profit over the period of time. It can combine multiple indicators of AudioCodes, 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.
AudioCodes Ltd., together with its subsidiaries, provides advanced communications software, products, and productivity solutions for the digital workplace. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel. AUDIOCODES operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 773 people.
AudioCodes Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AudioCodes. 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 AudioCodes 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 AudioCodes' important profitability drivers and their relationship over time.
Use AudioCodes 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 AudioCodes 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 AudioCodes will appreciate offsetting losses from the drop in the long position's value.AudioCodes Pair Trading
AudioCodes Pair Trading Analysis
The ability to find closely correlated positions to AudioCodes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AudioCodes 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 AudioCodes - 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 AudioCodes to buy it.
The correlation of AudioCodes 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 AudioCodes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AudioCodes 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 AudioCodes 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 AudioCodes position
In addition to having AudioCodes 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in AudioCodes Stock
When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:Check out Trending Equities. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project AudioCodes' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AudioCodes 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 AudioCodes' income statement, its balance sheet, and the statement of cash flows.