Thanh Dat Investment Stock Price To Earning
| DTD Stock | 25,600 200.00 0.79% |
Thanh Dat Investment fundamentals help investors to digest information that contributes to Thanh Dat's financial success or failures. It also enables traders to predict the movement of Thanh Stock. The fundamental analysis module provides a way to measure Thanh Dat's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thanh Dat stock.
Thanh |
Thanh Dat Investment Company Price To Earning Analysis
Thanh Dat's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Thanh Dat Investment has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Construction & Engineering (which currently averages 0.0) industry. The price to earning for all Vietnam stocks is 100.0% higher than that of the company.
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About Thanh Dat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thanh Dat Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thanh Dat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thanh Dat Investment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Thanh Dat
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 Thanh Dat 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 Thanh Dat will appreciate offsetting losses from the drop in the long position's value.Moving against Thanh Stock
The ability to find closely correlated positions to Thanh Dat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thanh Dat 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 Thanh Dat - 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 Thanh Dat Investment to buy it.
The correlation of Thanh Dat 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 Thanh Dat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thanh Dat Investment 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 Thanh Dat 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.Other Information on Investing in Thanh Stock
Thanh Dat financial ratios help investors to determine whether Thanh Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thanh with respect to the benefits of owning Thanh Dat security.