Ultra Chip Shares Owned By Institutions vs. Price To Sales
| 3141 Stock | TWD 84.30 0.30 0.35% |
For Ultra Chip profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ultra Chip to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ultra Chip utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ultra Chip's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ultra Chip over time as well as its relative position and ranking within its peers.
Ultra |
Ultra Chip Price To Sales vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ultra Chip's current stock value. Our valuation model uses many indicators to compare Ultra Chip value to that of its competitors to determine the firm's financial worth. Ultra Chip is number one stock in shares owned by institutions category among related companies. It is number one stock in price to sales category among related companies fabricating about 0.27 of Price To Sales per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Sales for Ultra Chip is roughly 3.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultra Chip by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultra Chip'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. 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 Ultra Chip's earnings, one of the primary drivers of an investment's value.Ultra Price To Sales vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Ultra Chip |
| = | 8.26 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
Ultra Chip |
| = | 2.19 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.
Ultra Price To Sales Comparison
Ultra Chip is currently under evaluation in price to sales category among related companies.
Ultra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ultra Chip. 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 Ultra Chip 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 Ultra Chip's important profitability drivers and their relationship over time.
Use Ultra Chip 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 Ultra Chip 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 Ultra Chip will appreciate offsetting losses from the drop in the long position's value.Ultra Chip Pair Trading
Ultra Chip Pair Trading Analysis
The ability to find closely correlated positions to Ultra Chip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultra Chip 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 Ultra Chip - 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 Ultra Chip to buy it.
The correlation of Ultra Chip 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 Ultra Chip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultra Chip 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 Ultra Chip 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 Ultra Chip position
In addition to having Ultra Chip 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking 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 Banking Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Ultra Stock analysis
When running Ultra Chip's price analysis, check to measure Ultra Chip'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 Ultra Chip is operating at the current time. Most of Ultra Chip's value examination focuses on studying past and present price action to predict the probability of Ultra Chip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Chip's price. Additionally, you may evaluate how the addition of Ultra Chip to your portfolios can decrease your overall portfolio volatility.
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To fully project Ultra Chip's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ultra Chip 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 Ultra Chip's income statement, its balance sheet, and the statement of cash flows.