Keyang Electric Total Debt vs. Beta

012205 Stock   3,495  200.00  6.07%   
Based on the measurements of profitability obtained from Keyang Electric's financial statements, Keyang Electric Machinery may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Keyang Electric's ability to earn profits and add value for shareholders.
For Keyang Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Keyang Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Keyang Electric Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Keyang Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Keyang Electric Machinery over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Keyang Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Keyang Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keyang Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Keyang Electric Machinery Beta vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Keyang Electric's current stock value. Our valuation model uses many indicators to compare Keyang Electric value to that of its competitors to determine the firm's financial worth.
Keyang Electric Machinery is the top company in total debt category among its peers. It also is number one stock in beta category among its peers . The ratio of Total Debt to Beta for Keyang Electric Machinery is about  1,432,105,736 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Keyang Electric by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Keyang Electric's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Keyang Total Debt vs. Competition

Keyang Electric Machinery is the top company in total debt category among its peers. Total debt of Tools & Accessories industry is presently estimated at about 4.18 Trillion. Keyang Electric adds roughly 1.72 Billion in total debt claiming only tiny portion of equities listed under Tools & Accessories industry.
Total debt  Revenue  Capitalization  Workforce  Valuation

Keyang Beta vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Keyang Electric

Total Debt

 = 

Bonds

+

Notes

 = 
1.72 B
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Keyang Electric

Beta

 = 

Covariance

Variance

 = 
1.2
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Keyang Beta Comparison

Keyang Electric is currently under evaluation in beta category among its peers.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Keyang Electric will likely underperform.

Keyang Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Keyang Electric. 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 Keyang Electric 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 Keyang Electric's important profitability drivers and their relationship over time.

Use Keyang Electric 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 Keyang Electric 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 Keyang Electric will appreciate offsetting losses from the drop in the long position's value.

Keyang Electric Pair Trading

Keyang Electric Machinery Pair Trading Analysis

The ability to find closely correlated positions to Keyang Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keyang Electric 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 Keyang Electric - 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 Keyang Electric Machinery to buy it.
The correlation of Keyang Electric 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 Keyang Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keyang Electric Machinery 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 Keyang Electric 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Keyang Electric position

In addition to having Keyang Electric 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?

Run Printing and Publishing Thematic Idea Now

Printing and Publishing
Printing and Publishing Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 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 Printing and Publishing Theme or any other thematic opportunities.
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Other Information on Investing in Keyang Stock

To fully project Keyang Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Keyang Electric Machinery 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 Keyang Electric's income statement, its balance sheet, and the statement of cash flows.
Potential Keyang Electric investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Keyang Electric investors may work on each financial statement separately, they are all related. The changes in Keyang Electric's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Keyang Electric's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.