NICE Total Current Valuation vs. Return On Equity
| 063570 Stock | KRW 4,790 15.00 0.31% |
For NICE Total profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NICE Total to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NICE Total Cash utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NICE Total's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NICE Total Cash over time as well as its relative position and ranking within its peers.
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NICE Total Cash Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NICE Total's current stock value. Our valuation model uses many indicators to compare NICE Total value to that of its competitors to determine the firm's financial worth. NICE Total Cash is the top company in current valuation category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Current Valuation to Return On Equity for NICE Total Cash is about 78,063,554,144 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NICE Total by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NICE Total'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.NICE Current Valuation vs. Competition
NICE Total Cash is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 1.34 Trillion. NICE Total totals roughly 331.09 Billion in current valuation claiming about 25% of equities under Industrials industry.
NICE Return On Equity vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
NICE Total |
| = | 331.09 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
NICE Total |
| = | 4.24 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
NICE Return On Equity Comparison
NICE Total is currently under evaluation in return on equity category among its peers.
NICE Total Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NICE Total, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NICE Total will eventually generate negative long term returns. The profitability progress is the general direction of NICE Total's change in net profit over the period of time. It can combine multiple indicators of NICE Total, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
NICE Total Cash Management Co., Ltd. provides automation equipment management services in South Korea. NICE Total Cash Management Co., Ltd. was founded in 1993 and is based in Seoul, South Korea. NICE TCM is traded on Korean Securities Dealers Automated Quotations in South Korea.
NICE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NICE Total. 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 NICE Total 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 NICE Total's important profitability drivers and their relationship over time.
Use NICE Total 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 NICE Total 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 NICE Total will appreciate offsetting losses from the drop in the long position's value.NICE Total Pair Trading
NICE Total Cash Pair Trading Analysis
The ability to find closely correlated positions to NICE Total could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NICE Total 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 NICE Total - 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 NICE Total Cash to buy it.
The correlation of NICE Total 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 NICE Total moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NICE Total Cash 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 NICE Total 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 NICE Total position
In addition to having NICE Total 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 167 constituents at this time.
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Other Information on Investing in NICE Stock
To fully project NICE Total's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NICE Total Cash 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 NICE Total's income statement, its balance sheet, and the statement of cash flows.