COSCO SHIPPING Net Income vs. Current Valuation
| CITAY Stock | USD 5.19 0.00 0.00% |
For COSCO SHIPPING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of COSCO SHIPPING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well COSCO SHIPPING Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between COSCO SHIPPING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of COSCO SHIPPING Development over time as well as its relative position and ranking within its peers.
COSCO |
COSCO SHIPPING Devel Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining COSCO SHIPPING's current stock value. Our valuation model uses many indicators to compare COSCO SHIPPING value to that of its competitors to determine the firm's financial worth. COSCO SHIPPING Development is rated below average in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 2.41 of Current Valuation per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value COSCO SHIPPING by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for COSCO SHIPPING's Pink Sheet. 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.COSCO 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.
COSCO SHIPPING |
| = | 6.09 B |
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.
COSCO SHIPPING |
| = | 14.68 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.
COSCO Current Valuation vs Competition
COSCO SHIPPING Development is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Marine Shipping industry is currently estimated at about 182.55 Billion. COSCO SHIPPING holds roughly 14.68 Billion in current valuation claiming about 8% of all equities under Marine Shipping industry.
COSCO SHIPPING Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in COSCO SHIPPING, profitability is also one of the essential criteria for including it into their portfolios because, without profit, COSCO SHIPPING will eventually generate negative long term returns. The profitability progress is the general direction of COSCO SHIPPING's change in net profit over the period of time. It can combine multiple indicators of COSCO SHIPPING, 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.
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the Peoples Republic of China. Cosco Shipping operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 11748 people.
COSCO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on COSCO SHIPPING. 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 COSCO SHIPPING 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 COSCO SHIPPING's important profitability drivers and their relationship over time.
Use COSCO SHIPPING 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 COSCO SHIPPING 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 COSCO SHIPPING will appreciate offsetting losses from the drop in the long position's value.COSCO SHIPPING Pair Trading
COSCO SHIPPING Development Pair Trading Analysis
The ability to find closely correlated positions to COSCO SHIPPING could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COSCO SHIPPING 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 COSCO SHIPPING - 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 COSCO SHIPPING Development to buy it.
The correlation of COSCO SHIPPING 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 COSCO SHIPPING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COSCO SHIPPING Devel 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 COSCO SHIPPING 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 COSCO SHIPPING position
In addition to having COSCO SHIPPING 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for COSCO Pink Sheet Analysis
When running COSCO SHIPPING's price analysis, check to measure COSCO SHIPPING'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 COSCO SHIPPING is operating at the current time. Most of COSCO SHIPPING's value examination focuses on studying past and present price action to predict the probability of COSCO SHIPPING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COSCO SHIPPING's price. Additionally, you may evaluate how the addition of COSCO SHIPPING to your portfolios can decrease your overall portfolio volatility.