TOYO Price Fair Value from 2010 to 2024
| TOYO Stock | 2.90 0.09 3.20% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 7.51587406 | Current Value 7.89 | Quarterly Volatility 2.21732633 |
Check TOYO Co, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TOYO Co,'s main balance sheet or income statement drivers, such as Other Operating Expenses of 52.9 M, Operating Income of 12.6 M or EBITDA of 15.3 M, as well as many indicators such as Price To Sales Ratio of 5.49, Dividend Yield of 0.0 or PTB Ratio of 7.89. TOYO financial statements analysis is a perfect complement when working with TOYO Co, Valuation or Volatility modules.
TOYO |
Latest TOYO Co,'s Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of TOYO Co, Ltd over the last few years. It is TOYO Co,'s Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TOYO Co,'s overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
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Price Fair Value |
| Timeline |
TOYO Price Fair Value Regression Statistics
| Arithmetic Mean | 2.25 | |
| Geometric Mean | 1.77 | |
| Coefficient Of Variation | 98.45 | |
| Mean Deviation | 1.45 | |
| Median | 1.38 | |
| Standard Deviation | 2.22 | |
| Sample Variance | 4.92 | |
| Range | 6.5121 | |
| R-Value | 0.61 | |
| Mean Square Error | 3.32 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | 0.30 | |
| Total Sum of Squares | 68.83 |
TOYO Price Fair Value History
About TOYO Co, Financial Statements
TOYO Co, investors utilize fundamental indicators, such as Price Fair Value, to predict how TOYO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 7.52 | 7.89 |
Pair Trading with TOYO Co,
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 TOYO Co, 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 TOYO Co, will appreciate offsetting losses from the drop in the long position's value.Moving against TOYO Stock
| 0.76 | ATS | ATS Corporation | PairCorr |
| 0.73 | BW | Babcock Wilcox Enter | PairCorr |
| 0.68 | IR | Ingersoll Rand | PairCorr |
| 0.58 | B | Barnes Group | PairCorr |
| 0.53 | PH | Parker Hannifin Sell-off Trend | PairCorr |
The ability to find closely correlated positions to TOYO Co, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TOYO Co, 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 TOYO Co, - 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 TOYO Co, Ltd to buy it.
The correlation of TOYO Co, 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 TOYO Co, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TOYO Co, 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 TOYO Co, 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.Check out the analysis of TOYO Co, Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Specialty Industrial Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TOYO Co,. If investors know TOYO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TOYO Co, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.71 | Revenue Per Share 1.521 | Return On Assets 0.0601 | Return On Equity 0.3055 |
The market value of TOYO Co, is measured differently than its book value, which is the value of TOYO that is recorded on the company's balance sheet. Investors also form their own opinion of TOYO Co,'s value that differs from its market value or its book value, called intrinsic value, which is TOYO Co,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TOYO Co,'s market value can be influenced by many factors that don't directly affect TOYO Co,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TOYO Co,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if TOYO Co, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOYO Co,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.