BLUESCOPE STEEL Total Asset vs. Annual Yield
| BH5 Stock | 13.50 0.10 0.75% |
For BLUESCOPE STEEL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BLUESCOPE STEEL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BLUESCOPE STEEL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BLUESCOPE STEEL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BLUESCOPE STEEL over time as well as its relative position and ranking within its peers.
BLUESCOPE |
BLUESCOPE STEEL Annual Yield vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BLUESCOPE STEEL's current stock value. Our valuation model uses many indicators to compare BLUESCOPE STEEL value to that of its competitors to determine the firm's financial worth. BLUESCOPE STEEL is rated third in total asset category among its peers. It is rated below average in annual yield category among its peers . The ratio of Total Asset to Annual Yield for BLUESCOPE STEEL is about 1,195,000,000,000 . 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 BLUESCOPE STEEL's earnings, one of the primary drivers of an investment's value.BLUESCOPE Annual Yield vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
BLUESCOPE STEEL |
| = | 16.61 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
BLUESCOPE STEEL |
| = | 0.01 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
BLUESCOPE Annual Yield Comparison
BLUESCOPE STEEL is currently under evaluation in annual yield category among its peers.
BLUESCOPE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BLUESCOPE STEEL. 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 BLUESCOPE STEEL 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 BLUESCOPE STEEL's important profitability drivers and their relationship over time.
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Use BLUESCOPE STEEL 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 BLUESCOPE STEEL 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 BLUESCOPE STEEL will appreciate offsetting losses from the drop in the long position's value.BLUESCOPE STEEL Pair Trading
BLUESCOPE STEEL Pair Trading Analysis
The ability to find closely correlated positions to BLUESCOPE STEEL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BLUESCOPE STEEL 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 BLUESCOPE STEEL - 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 BLUESCOPE STEEL to buy it.
The correlation of BLUESCOPE STEEL 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 BLUESCOPE STEEL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BLUESCOPE STEEL 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 BLUESCOPE STEEL 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 BLUESCOPE STEEL position
In addition to having BLUESCOPE STEEL 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 Food Products Thematic Idea Now
Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 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 Food Products Theme or any other thematic opportunities.
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Additional Tools for BLUESCOPE Stock Analysis
When running BLUESCOPE STEEL's price analysis, check to measure BLUESCOPE STEEL'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 BLUESCOPE STEEL is operating at the current time. Most of BLUESCOPE STEEL's value examination focuses on studying past and present price action to predict the probability of BLUESCOPE STEEL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BLUESCOPE STEEL's price. Additionally, you may evaluate how the addition of BLUESCOPE STEEL to your portfolios can decrease your overall portfolio volatility.