Reward Wool Shares Outstanding vs. Cash And Equivalents
| 1423 Stock | TWD 36.85 0.30 0.81% |
For Reward Wool profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Reward Wool to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Reward Wool Industry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Reward Wool's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Reward Wool Industry over time as well as its relative position and ranking within its peers.
Reward |
Reward Wool Industry Cash And Equivalents vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Reward Wool's current stock value. Our valuation model uses many indicators to compare Reward Wool value to that of its competitors to determine the firm's financial worth. Reward Wool Industry is rated fourth in shares outstanding category among its peers. It is rated third in cash and equivalents category among its peers creating about 4.29 of Cash And Equivalents per Shares Outstanding. 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 Reward Wool's earnings, one of the primary drivers of an investment's value.Reward Cash And Equivalents vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Reward Wool |
| = | 138.4 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Reward Wool |
| = | 594.27 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Reward Cash And Equivalents Comparison
Reward Wool is currently under evaluation in cash and equivalents category among its peers.
Reward Wool Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Reward Wool, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Reward Wool will eventually generate negative long term returns. The profitability progress is the general direction of Reward Wool's change in net profit over the period of time. It can combine multiple indicators of Reward Wool, 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.
Reward Wool Industry Corporation produces and sells wool products in Taiwan. The company was founded in 1964 and is headquartered in Taipei, Taiwan. REWARD WOOL operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 98 people.
Reward Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Reward Wool. 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 Reward Wool 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 Reward Wool's important profitability drivers and their relationship over time.
Use Reward Wool 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 Reward Wool 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 Reward Wool will appreciate offsetting losses from the drop in the long position's value.Reward Wool Pair Trading
Reward Wool Industry Pair Trading Analysis
The ability to find closely correlated positions to Reward Wool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reward Wool 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 Reward Wool - 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 Reward Wool Industry to buy it.
The correlation of Reward Wool 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 Reward Wool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reward Wool Industry 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 Reward Wool 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 Reward Wool position
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Additional Tools for Reward Stock Analysis
When running Reward Wool's price analysis, check to measure Reward Wool'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 Reward Wool is operating at the current time. Most of Reward Wool's value examination focuses on studying past and present price action to predict the probability of Reward Wool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reward Wool's price. Additionally, you may evaluate how the addition of Reward Wool to your portfolios can decrease your overall portfolio volatility.