Construction Jsc No5 Stock Price To Earning
| SC5 Stock | 22,050 1,400 6.78% |
Construction JSC No5 fundamentals help investors to digest information that contributes to Construction JSC's financial success or failures. It also enables traders to predict the movement of Construction Stock. The fundamental analysis module provides a way to measure Construction JSC'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 Construction JSC stock.
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Construction JSC No5 Company Price To Earning Analysis
Construction JSC'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.
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Based on the latest financial disclosure, Construction JSC No5 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 Construction JSC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Construction JSC No5's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Construction JSC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Construction JSC No5 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 Construction JSC
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 Construction JSC 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 Construction JSC will appreciate offsetting losses from the drop in the long position's value.Moving against Construction Stock
| 0.63 | ADS | Damsan JSC | PairCorr |
| 0.6 | AAA | An Phat Plastic | PairCorr |
| 0.59 | AAM | Mekong Fisheries JSC | PairCorr |
| 0.41 | ABS | Binhthuan Agriculture | PairCorr |
| 0.39 | AME | Alphanam ME | PairCorr |
The ability to find closely correlated positions to Construction JSC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Construction JSC 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 Construction JSC - 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 Construction JSC No5 to buy it.
The correlation of Construction JSC 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 Construction JSC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Construction JSC No5 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 Construction JSC 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 Construction Stock
Construction JSC financial ratios help investors to determine whether Construction 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 Construction with respect to the benefits of owning Construction JSC security.