Hyundai Total Asset vs. Current Valuation
| HYU Stock | EUR 48.40 0.40 0.83% |
For Hyundai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hyundai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hyundai Motor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hyundai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hyundai Motor over time as well as its relative position and ranking within its peers.
Hyundai |
Hyundai Motor Current Valuation vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hyundai's current stock value. Our valuation model uses many indicators to compare Hyundai value to that of its competitors to determine the firm's financial worth. Hyundai Motor is one of the top stocks in total asset category among its peers. It also is rated as one of the top companies in current valuation category among its peers . The ratio of Total Asset to Current Valuation for Hyundai Motor is about 2,547 . 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 Hyundai's earnings, one of the primary drivers of an investment's value.Hyundai Current Valuation 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.
Hyundai |
| = | 233.95 T |
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.
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.
Hyundai |
| = | 91.85 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.
Hyundai Current Valuation vs Competition
Hyundai Motor is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is currently estimated at about 123.78 Billion. Hyundai totals roughly 91.85 Billion in current valuation claiming about 74% of all equities under Other industry.
Hyundai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hyundai. 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 Hyundai 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 Hyundai's important profitability drivers and their relationship over time.
Use Hyundai 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 Hyundai 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 Hyundai will appreciate offsetting losses from the drop in the long position's value.Hyundai Pair Trading
Hyundai Motor Pair Trading Analysis
The ability to find closely correlated positions to Hyundai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyundai 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 Hyundai - 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 Hyundai Motor to buy it.
The correlation of Hyundai 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 Hyundai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyundai Motor 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 Hyundai 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 Hyundai position
In addition to having Hyundai 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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Additional Tools for Hyundai Stock Analysis
When running Hyundai's price analysis, check to measure Hyundai'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 Hyundai is operating at the current time. Most of Hyundai's value examination focuses on studying past and present price action to predict the probability of Hyundai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyundai's price. Additionally, you may evaluate how the addition of Hyundai to your portfolios can decrease your overall portfolio volatility.