Cayenne Financial Statements From 2010 to 2024
| 4946 Stock | TWD 39.40 1.50 3.96% |
Check Cayenne Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cayenne Entertainment's main balance sheet or income statement drivers, such as , as well as many indicators such as . Cayenne financial statements analysis is a perfect complement when working with Cayenne Entertainment Valuation or Volatility modules.
Cayenne |
Cayenne Entertainment Technology Company Total Debt Analysis
Cayenne Entertainment's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Cayenne Entertainment Total Debt | 55.41 M |
Most of Cayenne Entertainment's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cayenne Entertainment Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Cayenne Entertainment Technology has a Total Debt of 55.41 M. This is 99.6% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The total debt for all Taiwan stocks is 98.96% higher than that of the company.
Cayenne Entertainment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cayenne Entertainment's current stock value. Our valuation model uses many indicators to compare Cayenne Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cayenne Entertainment competition to find correlations between indicators driving Cayenne Entertainment's intrinsic value. More Info.Cayenne Entertainment Technology is rated fifth in ebitda category among its peers. It also is rated fifth in net income 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 Cayenne Entertainment's earnings, one of the primary drivers of an investment's value.About Cayenne Entertainment Financial Statements
Cayenne Entertainment investors use historical fundamental indicators, such as Cayenne Entertainment's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cayenne Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Cayenne Entertainment Technology Co., Ltd. provides various casual gaming services to online entertainment community in Taiwan. The company was founded in 2006 and is headquartered in Taipei City, Taiwan. CAYENNE ENTERTAINMENT operates under Electronic Gaming Multimedia classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with Cayenne Entertainment
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 Cayenne Entertainment 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 Cayenne Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Cayenne Stock
Moving against Cayenne Stock
| 0.85 | 3293 | International Games | PairCorr |
| 0.79 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.74 | 3533 | Lotes | PairCorr |
| 0.74 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.72 | 0050 | YuantaP shares Taiwan | PairCorr |
The ability to find closely correlated positions to Cayenne Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cayenne Entertainment 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 Cayenne Entertainment - 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 Cayenne Entertainment Technology to buy it.
The correlation of Cayenne Entertainment 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 Cayenne Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cayenne Entertainment 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 Cayenne Entertainment 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.Additional Tools for Cayenne Stock Analysis
When running Cayenne Entertainment's price analysis, check to measure Cayenne Entertainment'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 Cayenne Entertainment is operating at the current time. Most of Cayenne Entertainment's value examination focuses on studying past and present price action to predict the probability of Cayenne Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayenne Entertainment's price. Additionally, you may evaluate how the addition of Cayenne Entertainment to your portfolios can decrease your overall portfolio volatility.