Taita Chemical Current Valuation vs. Revenue
| 1309 Stock | TWD 16.15 0.15 0.94% |
For Taita Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Taita Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Taita Chemical Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Taita Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Taita Chemical Co over time as well as its relative position and ranking within its peers.
Taita |
Taita Chemical Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Taita Chemical's current stock value. Our valuation model uses many indicators to compare Taita Chemical value to that of its competitors to determine the firm's financial worth. Taita Chemical Co is rated below average in current valuation category among its peers. It is rated fourth in revenue category among its peers totaling about 3.11 of Revenue per Current Valuation. 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 Taita Chemical's earnings, one of the primary drivers of an investment's value.Taita Current Valuation vs. Competition
Taita Chemical Co is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 124.71 Billion. Taita Chemical holds roughly 6.67 Billion in current valuation claiming about 5% of all equities under Materials industry.
Taita Revenue 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.
Taita Chemical |
| = | 6.67 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.
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.
Taita Chemical |
| = | 20.77 B |
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.
Taita Revenue vs Competition
Taita Chemical Co is rated fourth in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 226.8 Billion. Taita Chemical holds roughly 20.77 Billion in revenue claiming about 9% of all equities under Materials industry.
Taita Chemical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Taita Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Taita Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Taita Chemical's change in net profit over the period of time. It can combine multiple indicators of Taita Chemical, 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.
Taita Chemical Company, Limited produces and sells styrenics in Taiwan, Mainland China, Hong Kong, and the United States. Taita Chemical Company, Limited was incorporated in 1960 and is headquartered in Taipei, Taiwan. TAITA CHEMICAL operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.
Taita Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Taita Chemical. 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 Taita Chemical 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 Taita Chemical's important profitability drivers and their relationship over time.
Use Taita Chemical 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 Taita Chemical 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 Taita Chemical will appreciate offsetting losses from the drop in the long position's value.Taita Chemical Pair Trading
Taita Chemical Co Pair Trading Analysis
The ability to find closely correlated positions to Taita Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taita Chemical 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 Taita Chemical - 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 Taita Chemical Co to buy it.
The correlation of Taita Chemical 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 Taita Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taita Chemical 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 Taita Chemical 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 Taita Chemical position
In addition to having Taita Chemical 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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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 Agriculture Theme or any other thematic opportunities.
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Additional Tools for Taita Stock Analysis
When running Taita Chemical's price analysis, check to measure Taita Chemical's 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 Taita Chemical is operating at the current time. Most of Taita Chemical's value examination focuses on studying past and present price action to predict the probability of Taita Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taita Chemical's price. Additionally, you may evaluate how the addition of Taita Chemical to your portfolios can decrease your overall portfolio volatility.