Nafoods Group Jsc Stock Debt To Equity
| NAF Stock | 20,150 50.00 0.25% |
Nafoods Group JSC fundamentals help investors to digest information that contributes to Nafoods Group's financial success or failures. It also enables traders to predict the movement of Nafoods Stock. The fundamental analysis module provides a way to measure Nafoods Group'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 Nafoods Group stock.
Nafoods |
Nafoods Group JSC Company Debt To Equity Analysis
Nafoods Group's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, Nafoods Group JSC has a Debt To Equity of 0.0%. This indicator is about the same for the Consumer Non-Cyclicals average (which is currently at 0.0) sector and about the same as Beverages (which currently averages 0.0) industry. This indicator is about the same for all Vietnam stocks average (which is currently at 0.0).
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About Nafoods Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nafoods Group JSC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nafoods Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nafoods Group JSC 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 Nafoods Group
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 Nafoods Group 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 Nafoods Group will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nafoods Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nafoods Group 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 Nafoods Group - 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 Nafoods Group JSC to buy it.
The correlation of Nafoods Group 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 Nafoods Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nafoods Group JSC 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 Nafoods Group 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 Nafoods Stock
Nafoods Group financial ratios help investors to determine whether Nafoods 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 Nafoods with respect to the benefits of owning Nafoods Group security.