Diamond Food Shares Outstanding vs. Price To Book
| DMND Stock | IDR 805.00 5.00 0.62% |
For Diamond Food profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diamond Food to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diamond Food Indonesia utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diamond Food's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diamond Food Indonesia over time as well as its relative position and ranking within its peers.
Diamond |
Diamond Food Indonesia Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diamond Food's current stock value. Our valuation model uses many indicators to compare Diamond Food value to that of its competitors to determine the firm's financial worth. Diamond Food Indonesia is one of the top stocks in shares outstanding category among its peers. It is rated # 2 in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Diamond Food Indonesia is about 6,677,734,452 . 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 Diamond Food's earnings, one of the primary drivers of an investment's value.Diamond Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Diamond Food |
| = | 9.47 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Diamond Food |
| = | 1.42 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.
Diamond Price To Book Comparison
Diamond Food is currently under evaluation in price to book category among its peers.
Diamond Food Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diamond Food, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diamond Food will eventually generate negative long term returns. The profitability progress is the general direction of Diamond Food's change in net profit over the period of time. It can combine multiple indicators of Diamond Food, 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.
PT Diamond Food Indonesia Tbk manufactures and distributes consumer goods in Indonesia. PT Diamond Food Indonesia Tbk was founded in 1995 and is headquartered in Central Jakarta, Indonesia. Diamond Food operates under Packaged Foods classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 7010 people.
Diamond Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diamond Food. 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 Diamond Food 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 Diamond Food's important profitability drivers and their relationship over time.
Use Diamond Food 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 Diamond Food 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 Diamond Food will appreciate offsetting losses from the drop in the long position's value.Diamond Food Pair Trading
Diamond Food Indonesia Pair Trading Analysis
The ability to find closely correlated positions to Diamond Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Food 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 Diamond Food - 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 Diamond Food Indonesia to buy it.
The correlation of Diamond Food 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 Diamond Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Food Indonesia 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 Diamond Food 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 Diamond Food position
In addition to having Diamond Food 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 145 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 Asset Allocation ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Diamond Stock
To fully project Diamond Food's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Diamond Food Indonesia 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 Diamond Food's income statement, its balance sheet, and the statement of cash flows.