VIA Technologies Price To Book vs. Gross Profit
| 2388 Stock | TWD 103.00 1.00 0.98% |
For VIA Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VIA Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VIA Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VIA Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VIA Technologies over time as well as its relative position and ranking within its peers.
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VIA Technologies Gross Profit vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VIA Technologies's current stock value. Our valuation model uses many indicators to compare VIA Technologies value to that of its competitors to determine the firm's financial worth. VIA Technologies is rated second in price to book category among its peers. It is rated fifth in gross profit category among its peers fabricating about 913,219,768 of Gross Profit per Price To Book. 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 VIA Technologies' earnings, one of the primary drivers of an investment's value.VIA Gross Profit vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
VIA Technologies |
| = | 2.76 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
VIA Technologies |
| = | 2.52 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
VIA Gross Profit Comparison
VIA Technologies is currently under evaluation in gross profit category among its peers.
VIA Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VIA Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VIA Technologies will eventually generate negative long term returns. The profitability progress is the general direction of VIA Technologies' change in net profit over the period of time. It can combine multiple indicators of VIA Technologies, 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.
VIA Technologies, Inc. develops integrated embedded platform and system solutions for artificial intelligence , Internet of Things , computer, autonomous vehicle, healthcare, and smart city applications worldwide. VIA Technologies, Inc. was founded in 1987 and is headquartered in New Taipei City, Taiwan. VIA TECHNOLOGIES operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
VIA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VIA Technologies. 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 VIA Technologies 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 VIA Technologies' important profitability drivers and their relationship over time.
Use VIA Technologies 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 VIA Technologies 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 VIA Technologies will appreciate offsetting losses from the drop in the long position's value.VIA Technologies Pair Trading
VIA Technologies Pair Trading Analysis
The ability to find closely correlated positions to VIA Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VIA Technologies 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 VIA Technologies - 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 VIA Technologies to buy it.
The correlation of VIA Technologies 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 VIA Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VIA Technologies 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 VIA Technologies 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 VIA Technologies position
In addition to having VIA Technologies 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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Additional Tools for VIA Stock Analysis
When running VIA Technologies' price analysis, check to measure VIA Technologies' 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 VIA Technologies is operating at the current time. Most of VIA Technologies' value examination focuses on studying past and present price action to predict the probability of VIA Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIA Technologies' price. Additionally, you may evaluate how the addition of VIA Technologies to your portfolios can decrease your overall portfolio volatility.