ES Ceramics Total Asset vs. Revenue
| 0100 Stock | 0.14 0.01 6.67% |
For ES Ceramics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ES Ceramics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ES Ceramics Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ES Ceramics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ES Ceramics Technology over time as well as its relative position and ranking within its peers.
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ES Ceramics Technology Revenue vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ES Ceramics's current stock value. Our valuation model uses many indicators to compare ES Ceramics value to that of its competitors to determine the firm's financial worth. ES Ceramics Technology is number one stock in total asset category among its peers. It also is the top company in revenue category among its peers totaling about 0.76 of Revenue per Total Asset. The ratio of Total Asset to Revenue for ES Ceramics Technology is roughly 1.32 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ES Ceramics' earnings, one of the primary drivers of an investment's value.0100 Revenue vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
ES Ceramics |
| = | 153.15 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ES Ceramics |
| = | 115.89 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
0100 Revenue vs Competition
ES Ceramics Technology is the top company in revenue category among its peers. Market size based on revenue of Textiles & Apparel industry is presently estimated at about 3.43 Billion. ES Ceramics holds roughly 115.89 Million in revenue claiming about 3% of equities listed under Textiles & Apparel industry.
0100 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ES Ceramics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ES Ceramics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ES Ceramics' important profitability drivers and their relationship over time.
Use ES Ceramics in pair-trading
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 ES Ceramics 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 ES Ceramics will appreciate offsetting losses from the drop in the long position's value.ES Ceramics Pair Trading
ES Ceramics Technology Pair Trading Analysis
The ability to find closely correlated positions to ES Ceramics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ES Ceramics 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 ES Ceramics - 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 ES Ceramics Technology to buy it.
The correlation of ES Ceramics 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 ES Ceramics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ES Ceramics Technology 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 ES Ceramics 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.Use Investing Themes to Complement your ES Ceramics position
In addition to having ES Ceramics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Copper
Companies involved in production of copper. The Copper theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
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Other Information on Investing in 0100 Stock
To fully project ES Ceramics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ES Ceramics Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ES Ceramics' income statement, its balance sheet, and the statement of cash flows.