Nissan Current Valuation vs. Price To Book
| NISA Stock | ILS 1,292 82.00 5.97% |
For Nissan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nissan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nissan utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nissan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nissan over time as well as its relative position and ranking within its peers.
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Nissan Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nissan's current stock value. Our valuation model uses many indicators to compare Nissan value to that of its competitors to determine the firm's financial worth. Nissan is rated top company in current valuation category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Nissan is about 915,516,678 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nissan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nissan's Stock. 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.Nissan Current Valuation vs. Competition
Nissan is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is now estimated at about 151.23 Billion. Nissan adds roughly 304.23 Million in current valuation claiming only tiny portion of equities under Health Care industry.
Nissan Price To Book vs. Current Valuation
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.
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| = | 304.23 M |
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.
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.
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| = | 0.33 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.
Nissan Price To Book Comparison
Nissan is currently under evaluation in price to book category among its peers.
Nissan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nissan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nissan will eventually generate negative long term returns. The profitability progress is the general direction of Nissan's change in net profit over the period of time. It can combine multiple indicators of Nissan, 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.
Nissan Medical Industries Ltd., through its subsidiary, produces and sells spun lace non-woven fabrics in the United States, Canada, Europe, and Israel. Nissan Medical Industries Ltd. was founded in 1984 and is based in Tel Aviv, Israel. NISSAN is traded on Tel Aviv Stock Exchange in Israel.
Nissan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nissan. 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 Nissan 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 Nissan's important profitability drivers and their relationship over time.
Use Nissan 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 Nissan 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 Nissan will appreciate offsetting losses from the drop in the long position's value.Nissan Pair Trading
Nissan Pair Trading Analysis
The ability to find closely correlated positions to Nissan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nissan 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 Nissan - 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 Nissan to buy it.
The correlation of Nissan 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 Nissan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nissan 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 Nissan 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 Nissan position
In addition to having Nissan 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 Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale 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 Wholesale Theme or any other thematic opportunities.
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Other Information on Investing in Nissan Stock
To fully project Nissan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nissan 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 Nissan's income statement, its balance sheet, and the statement of cash flows.