Nissan Chemical Revenue vs. Current Valuation
| NSC Stock | 32.00 0.40 1.27% |
For Nissan Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nissan Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nissan Chemical Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nissan Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nissan Chemical Corp over time as well as its relative position and ranking within its peers.
Nissan |
Nissan Chemical Corp Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nissan Chemical's current stock value. Our valuation model uses many indicators to compare Nissan Chemical value to that of its competitors to determine the firm's financial worth. Nissan Chemical Corp is rated below average in revenue category among its peers. It is rated below average in current valuation category among its peers reporting about 0.03 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Nissan Chemical Corp is roughly 33.50 . 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 Nissan Chemical's earnings, one of the primary drivers of an investment's value.Nissan Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nissan Chemical |
| = | 207.97 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Nissan Chemical |
| = | 6.21 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.
Nissan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nissan Chemical. 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 Chemical 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 Chemical's important profitability drivers and their relationship over time.
Use Nissan Chemical 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 Chemical 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 Chemical will appreciate offsetting losses from the drop in the long position's value.Nissan Chemical Pair Trading
Nissan Chemical Corp Pair Trading Analysis
The ability to find closely correlated positions to Nissan Chemical 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 Chemical 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 Chemical - 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 Chemical Corp to buy it.
The correlation of Nissan Chemical 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 Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nissan Chemical Corp 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 Chemical 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 Chemical position
In addition to having Nissan Chemical 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
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Additional Tools for Nissan Stock Analysis
When running Nissan Chemical's price analysis, check to measure Nissan Chemical'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 Nissan Chemical is operating at the current time. Most of Nissan Chemical's value examination focuses on studying past and present price action to predict the probability of Nissan Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nissan Chemical's price. Additionally, you may evaluate how the addition of Nissan Chemical to your portfolios can decrease your overall portfolio volatility.