ODAS Elektrik Price To Sales vs. Cash Per Share
| ODAS Stock | TRY 6.31 0.10 1.56% |
For ODAS Elektrik profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ODAS Elektrik to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ODAS Elektrik Uretim utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ODAS Elektrik's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ODAS Elektrik Uretim over time as well as its relative position and ranking within its peers.
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ODAS Elektrik Uretim Cash Per Share vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ODAS Elektrik's current stock value. Our valuation model uses many indicators to compare ODAS Elektrik value to that of its competitors to determine the firm's financial worth. ODAS Elektrik Uretim is considered to be number one stock in price to sales category among its peers. It also is considered to be number one stock in cash per share category among its peers fabricating about 0.03 of Cash Per Share per Price To Sales. The ratio of Price To Sales to Cash Per Share for ODAS Elektrik Uretim is roughly 33.62 . 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 ODAS Elektrik's earnings, one of the primary drivers of an investment's value.ODAS Cash Per Share vs. Price To Sales
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.
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| = | 3.03 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.09 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
ODAS Cash Per Share Comparison
ODAS Elektrik is currently under evaluation in cash per share category among its peers.
ODAS Elektrik Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ODAS Elektrik, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ODAS Elektrik will eventually generate negative long term returns. The profitability progress is the general direction of ODAS Elektrik's change in net profit over the period of time. It can combine multiple indicators of ODAS Elektrik, 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.
Odas Elektrik retim Sanayi Ticaret A.S., together with its subsidiaries, produces and sells electricity by natural gas combined cycling in Turkey and internationally. Odas Elektrik retim Sanayi Ticaret A.S. was founded in 2010 and is headquartered in Istanbul, Turkey. ODAS ELEKTRIK operates under UtilitiesRegulated Electric classification in Turkey and is traded on Istanbul Stock Exchange. It employs 978 people.
ODAS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ODAS Elektrik. 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 ODAS Elektrik 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 ODAS Elektrik's important profitability drivers and their relationship over time.
Use ODAS Elektrik 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 ODAS Elektrik 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 ODAS Elektrik will appreciate offsetting losses from the drop in the long position's value.ODAS Elektrik Pair Trading
ODAS Elektrik Uretim Pair Trading Analysis
The ability to find closely correlated positions to ODAS Elektrik could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ODAS Elektrik 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 ODAS Elektrik - 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 ODAS Elektrik Uretim to buy it.
The correlation of ODAS Elektrik 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 ODAS Elektrik moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODAS Elektrik Uretim 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 ODAS Elektrik 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 ODAS Elektrik position
In addition to having ODAS Elektrik 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 Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services 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 Business Services Theme or any other thematic opportunities.
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Additional Tools for ODAS Stock Analysis
When running ODAS Elektrik's price analysis, check to measure ODAS Elektrik'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 ODAS Elektrik is operating at the current time. Most of ODAS Elektrik's value examination focuses on studying past and present price action to predict the probability of ODAS Elektrik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODAS Elektrik's price. Additionally, you may evaluate how the addition of ODAS Elektrik to your portfolios can decrease your overall portfolio volatility.