Provision Financial Statements From 2010 to 2024
| 6590 Stock | TWD 70.60 0.10 0.14% |
Check Provision Information financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provision Information's main balance sheet or income statement drivers, such as , as well as many indicators such as . Provision financial statements analysis is a perfect complement when working with Provision Information Valuation or Volatility modules.
Provision |
Provision Information CoLtd Company Cash Per Share Analysis
Provision Information's 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.
Current Provision Information Cash Per Share | 4.50 X |
Most of Provision Information's fundamental indicators, such as Cash Per Share, 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, Provision Information CoLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Provision Information CoLtd has a Cash Per Share of 4.5 times. This is 27.84% higher than that of the Technology sector and 14.21% higher than that of the Software - Application industry. The cash per share for all Taiwan stocks is 10.18% higher than that of the company.
Provision Information Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Provision Information's current stock value. Our valuation model uses many indicators to compare Provision Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provision Information competition to find correlations between indicators driving Provision Information's intrinsic value. More Info.Provision Information CoLtd is number one stock in price to earning category among its peers. It also is number one stock in ebitda category among its peers totaling about 2,470,252 of EBITDA per Price To Earning. 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 Provision Information's earnings, one of the primary drivers of an investment's value.About Provision Information Financial Statements
Provision Information investors use historical fundamental indicators, such as Provision Information'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 Provision Information. Please read more on our technical analysis and fundamental analysis pages.
,LTD provides payment, financial application, information security, and outsourcing services. Further, the company provides outsourcing services, including on-site services for various industries, platforms, and job roles. PROVISION INFORMATION operates under Software - Application classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with Provision Information
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 Provision Information 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 Provision Information will appreciate offsetting losses from the drop in the long position's value.Moving against Provision Stock
The ability to find closely correlated positions to Provision Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Provision Information 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 Provision Information - 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 Provision Information CoLtd to buy it.
The correlation of Provision Information 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 Provision Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Provision Information 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 Provision Information 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 Provision Stock Analysis
When running Provision Information's price analysis, check to measure Provision Information'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 Provision Information is operating at the current time. Most of Provision Information's value examination focuses on studying past and present price action to predict the probability of Provision Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provision Information's price. Additionally, you may evaluate how the addition of Provision Information to your portfolios can decrease your overall portfolio volatility.