Ganfeng Lithium Cash And Equivalents vs. Price To Sales
| GNENY Stock | USD 2.95 0.05 1.67% |
For Ganfeng Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ganfeng Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ganfeng Lithium Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ganfeng Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ganfeng Lithium Co over time as well as its relative position and ranking within its peers.
Ganfeng |
Ganfeng Lithium Price To Sales vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ganfeng Lithium's current stock value. Our valuation model uses many indicators to compare Ganfeng Lithium value to that of its competitors to determine the firm's financial worth. Ganfeng Lithium Co is one of the top stocks in cash and equivalents category among its peers. It also is one of the top stocks in price to sales category among its peers . The ratio of Cash And Equivalents to Price To Sales for Ganfeng Lithium Co is about 11,618,318,363 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ganfeng Lithium by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ganfeng Lithium'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.Ganfeng Price To Sales vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Ganfeng Lithium |
| = | 7.89 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Ganfeng Lithium |
| = | 0.68 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Ganfeng Price To Sales Comparison
Ganfeng Lithium is currently under evaluation in price to sales category among its peers.
Ganfeng Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ganfeng Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ganfeng Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Ganfeng Lithium's change in net profit over the period of time. It can combine multiple indicators of Ganfeng Lithium, 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.
Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. Ganfeng Lithium Group Co., Ltd. was founded in 2000 and is based in Xinyu, China. Ganfeng Lithium operates under Chemicals classification in the United States and is traded on OTC Exchange.
Ganfeng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ganfeng Lithium. 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 Ganfeng Lithium 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 Ganfeng Lithium's important profitability drivers and their relationship over time.
Use Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium will appreciate offsetting losses from the drop in the long position's value.Ganfeng Lithium Pair Trading
Ganfeng Lithium Co Pair Trading Analysis
The ability to find closely correlated positions to Ganfeng Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ganfeng Lithium 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 Ganfeng Lithium - 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 Ganfeng Lithium Co to buy it.
The correlation of Ganfeng Lithium 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 Ganfeng Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ganfeng Lithium 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 Ganfeng Lithium 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 Ganfeng Lithium position
In addition to having Ganfeng Lithium 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 Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals 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 Chemicals Theme or any other thematic opportunities.
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Additional Tools for Ganfeng Pink Sheet Analysis
When running Ganfeng Lithium's price analysis, check to measure Ganfeng Lithium'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 Ganfeng Lithium is operating at the current time. Most of Ganfeng Lithium's value examination focuses on studying past and present price action to predict the probability of Ganfeng Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ganfeng Lithium's price. Additionally, you may evaluate how the addition of Ganfeng Lithium to your portfolios can decrease your overall portfolio volatility.