THORNEY TECHS Cash Flow From Operations vs. Price To Earning
| TTG Stock | EUR 0.08 0.0005 0.66% |
For THORNEY TECHS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of THORNEY TECHS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well THORNEY TECHS LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between THORNEY TECHS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of THORNEY TECHS LTD over time as well as its relative position and ranking within its peers.
THORNEY |
THORNEY TECHS LTD Price To Earning vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining THORNEY TECHS's current stock value. Our valuation model uses many indicators to compare THORNEY TECHS value to that of its competitors to determine the firm's financial worth. THORNEY TECHS LTD is rated below average in cash flow from operations category among its peers. It is currently regarded as top stock in price to earning category among its peers . 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 THORNEY TECHS's earnings, one of the primary drivers of an investment's value.THORNEY Price To Earning vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
THORNEY TECHS |
| = | (7.93 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
THORNEY TECHS |
| = | 4.62 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
THORNEY TECHS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in THORNEY TECHS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, THORNEY TECHS will eventually generate negative long term returns. The profitability progress is the general direction of THORNEY TECHS's change in net profit over the period of time. It can combine multiple indicators of THORNEY TECHS, 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.
Thorney Technologies Ltd invests in technology related companies. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia. THORNEY TECHS is traded on Frankfurt Stock Exchange in Germany.
THORNEY Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on THORNEY TECHS. 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 THORNEY TECHS 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 THORNEY TECHS's important profitability drivers and their relationship over time.
Use THORNEY TECHS 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 THORNEY TECHS 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 THORNEY TECHS will appreciate offsetting losses from the drop in the long position's value.THORNEY TECHS Pair Trading
THORNEY TECHS LTD Pair Trading Analysis
The ability to find closely correlated positions to THORNEY TECHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace THORNEY TECHS 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 THORNEY TECHS - 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 THORNEY TECHS LTD to buy it.
The correlation of THORNEY TECHS 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 THORNEY TECHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if THORNEY TECHS LTD 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 THORNEY TECHS 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 THORNEY TECHS position
In addition to having THORNEY TECHS 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 Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
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Other Information on Investing in THORNEY Stock
To fully project THORNEY TECHS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of THORNEY TECHS LTD 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 THORNEY TECHS's income statement, its balance sheet, and the statement of cash flows.