Thales Beta vs. Net Income
| 0IW5 Stock | 141.57 1.23 0.86% |
For Thales profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thales to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thales utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thales's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thales over time as well as its relative position and ranking within its peers.
Thales |
Thales Net Income vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thales's current stock value. Our valuation model uses many indicators to compare Thales value to that of its competitors to determine the firm's financial worth. Thales is number one stock in beta category among its peers. It also is number one stock in net income category among its peers making up about 1,622,393,162 of Net Income per Beta. At this time, Thales' Net Income is comparatively stable compared to the past year. 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 Thales' earnings, one of the primary drivers of an investment's value.Thales Net Income vs. Beta
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.
Thales |
| = | 0.59 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Thales |
| = | 949.1 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Thales Net Income Comparison
Thales is currently under evaluation in net income category among its peers.
Beta Analysis
As returns on the market increase, Thales' returns are expected to increase less than the market. However, during the bear market, the loss of holding Thales is expected to be smaller as well.
Thales Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thales, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thales will eventually generate negative long term returns. The profitability progress is the general direction of Thales' change in net profit over the period of time. It can combine multiple indicators of Thales, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.8 B | -1.9 B | |
| Operating Income | 1.6 B | 917.4 M | |
| Income Before Tax | 1.2 B | 764.9 M | |
| Total Other Income Expense Net | -395.1 M | -375.3 M | |
| Net Income | 949.1 M | 652.5 M | |
| Income Tax Expense | 252.2 M | 154.4 M | |
| Interest Income | 153.5 M | 110.3 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1 B | |
| Change To Netincome | -256.5 M | -243.7 M |
Thales Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thales. 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 Thales 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 Thales' important profitability drivers and their relationship over time.
Use Thales 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 Thales 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 Thales will appreciate offsetting losses from the drop in the long position's value.Thales Pair Trading
Thales Pair Trading Analysis
The ability to find closely correlated positions to Thales could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thales 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 Thales - 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 Thales to buy it.
The correlation of Thales 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 Thales moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thales 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 Thales 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 Thales position
In addition to having Thales 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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Additional Tools for Thales Stock Analysis
When running Thales' price analysis, check to measure Thales' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thales is operating at the current time. Most of Thales' value examination focuses on studying past and present price action to predict the probability of Thales' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thales' price. Additionally, you may evaluate how the addition of Thales to your portfolios can decrease your overall portfolio volatility.