Yao Sheng Shares Outstanding vs. Price To Book
3207 Stock | TWD 155.50 3.50 2.20% |
For Yao Sheng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yao Sheng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yao Sheng Electronic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yao Sheng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yao Sheng Electronic over time as well as its relative position and ranking within its peers.
Yao |
Yao Sheng Electronic Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yao Sheng's current stock value. Our valuation model uses many indicators to compare Yao Sheng value to that of its competitors to determine the firm's financial worth. Yao Sheng Electronic is number one stock in shares outstanding category among related companies. It is number one stock in price to book category among related companies . The ratio of Shares Outstanding to Price To Book for Yao Sheng Electronic is about 17,121,060 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Yao Sheng by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Yao Sheng'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 Yao Sheng's earnings, one of the primary drivers of an investment's value.Yao Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Yao Sheng |
| = | 53.77 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Yao Sheng |
| = | 3.14 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.
Yao Price To Book Comparison
Yao Sheng is currently under evaluation in price to book category among related companies.
Yao Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yao Sheng. 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 Yao Sheng 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 Yao Sheng's important profitability drivers and their relationship over time.
Use Yao Sheng 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 Yao Sheng 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 Yao Sheng will appreciate offsetting losses from the drop in the long position's value.Yao Sheng Pair Trading
Yao Sheng Electronic Pair Trading Analysis
The ability to find closely correlated positions to Yao Sheng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yao Sheng 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 Yao Sheng - 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 Yao Sheng Electronic to buy it.
The correlation of Yao Sheng 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 Yao Sheng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yao Sheng Electronic 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 Yao Sheng 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 Yao Sheng position
In addition to having Yao Sheng 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers 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 Computers Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running Yao Sheng's price analysis, check to measure Yao Sheng'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 Yao Sheng is operating at the current time. Most of Yao Sheng's value examination focuses on studying past and present price action to predict the probability of Yao Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yao Sheng's price. Additionally, you may evaluate how the addition of Yao Sheng to your portfolios can decrease your overall portfolio volatility.
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To fully project Yao Sheng's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yao Sheng Electronic 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 Yao Sheng's income statement, its balance sheet, and the statement of cash flows.