Ii Vi Incorporated Preferred Stock Operating Margin
| IIVIPDelisted Preferred Stock | USD 187.51 6.12 3.16% |
II VI Incorporated fundamentals help investors to digest information that contributes to II VI's financial success or failures. It also enables traders to predict the movement of IIVIP Preferred Stock. The fundamental analysis module provides a way to measure II VI'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 II VI preferred stock.
IIVIP |
II VI Incorporated Company Operating Margin Analysis
II VI's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current II VI Operating Margin | 0.11 % |
Most of II VI's fundamental indicators, such as Operating Margin, 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, II VI Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, II VI Incorporated has an Operating Margin of 0.1133%. This is 101.28% lower than that of the Technology sector and 100.77% lower than that of the Scientific & Technical Instruments industry. The operating margin for all United States preferred stocks is 102.06% lower than that of the firm.
IIVIP Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses II VI's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of II VI could also be used in its relative valuation, which is a method of valuing II VI by comparing valuation metrics of similar companies.II VI is currently under evaluation in operating margin category among its peers.
IIVIP Fundamentals
| Return On Equity | 0.0015 | ||||
| Return On Asset | 0.0288 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 27.58 B | ||||
| Shares Owned By Institutions | 83.36 % | ||||
| Number Of Shares Shorted | 8.39 K | ||||
| Price To Earning | 68.48 X | ||||
| Revenue | 3.32 B | ||||
| Gross Profit | 1.27 B | ||||
| EBITDA | 689.84 M | ||||
| Net Income | 234.76 M | ||||
| Cash And Equivalents | 2.58 B | ||||
| Cash Per Share | 19.73 X | ||||
| Total Debt | 1.9 B | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 3.40 X | ||||
| Book Value Per Share | 34.10 X | ||||
| Cash Flow From Operations | 413.33 M | ||||
| Short Ratio | 2.73 X | ||||
| Earnings Per Share | 1.81 X | ||||
| Number Of Employees | 23.66 K | ||||
| Beta | 1.54 | ||||
| Total Asset | 7.84 B | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 7.84 B |
About II VI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze II VI Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of II VI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of II VI Incorporated 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 II VI
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 II VI 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 II VI will appreciate offsetting losses from the drop in the long position's value.Moving against IIVIP Preferred Stock
| 0.79 | BKLRF | Berkeley Energy | PairCorr |
| 0.78 | KYCCF | Keyence | PairCorr |
| 0.73 | HXGBY | Hexagon AB ADR | PairCorr |
| 0.63 | HXGBF | Hexagon AB | PairCorr |
| 0.45 | LNDNF | Lundin Energy AB | PairCorr |
The ability to find closely correlated positions to II VI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace II VI 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 II VI - 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 II VI Incorporated to buy it.
The correlation of II VI 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 II VI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if II VI 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 II VI 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in IIVIP Preferred Stock
If you are still planning to invest in II VI check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the II VI's history and understand the potential risks before investing.
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