Construction Jsc No5 Stock Price To Earnings To Growth
| SC5 Stock | 20,650 350.00 1.72% |
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 Earnings To Growth Analysis
Construction JSC's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, Construction JSC No5 has a Price To Earnings To Growth 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 earnings to growth 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
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| 0.62 | AAA | An Phat Plastic | PairCorr |
| 0.6 | AAM | Mekong Fisheries JSC | PairCorr |
| 0.41 | ABS | Binhthuan Agriculture | PairCorr |
| 0.36 | ABT | Bentre Aquaproduct Import | 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.