CX Technology Revenue vs. Cash Per Share
| 2415 Stock | TWD 29.70 0.25 0.85% |
For CX Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CX Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CX Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CX Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CX Technology Corp over time as well as its relative position and ranking within its peers.
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CX Technology Corp Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CX Technology's current stock value. Our valuation model uses many indicators to compare CX Technology value to that of its competitors to determine the firm's financial worth. CX Technology Corp is rated fourth in revenue category among its peers. It is rated fifth in cash per share category among its peers . The ratio of Revenue to Cash Per Share for CX Technology Corp is about 453,201,852 . 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 CX Technology's earnings, one of the primary drivers of an investment's value.2415 Revenue vs. Competition
CX Technology Corp is rated fourth in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 50.98 Billion. CX Technology holds roughly 2.45 Billion in revenue claiming about 5% of equities under Information Technology industry.
2415 Cash Per Share vs. Revenue
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.
CX Technology |
| = | 2.45 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
CX Technology |
| = | 5.40 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
2415 Cash Per Share Comparison
CX Technology is currently under evaluation in cash per share category among its peers.
CX Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CX Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CX Technology will eventually generate negative long term returns. The profitability progress is the general direction of CX Technology's change in net profit over the period of time. It can combine multiple indicators of CX Technology, 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.
CX Technology Corporation designs, develops, manufactures, and supplies cold forging and plastic injection components and parts in Taiwan and internationally. CX Technology Corporation was founded in 1972 and is headquartered in Taipei, Taiwan. CX TECH operates under Metal Fabrication classification in Taiwan and is traded on Taiwan Stock Exchange.
2415 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CX Technology. 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 CX Technology 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 CX Technology's important profitability drivers and their relationship over time.
Use CX Technology 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 CX Technology 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 CX Technology will appreciate offsetting losses from the drop in the long position's value.CX Technology Pair Trading
CX Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to CX Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CX Technology 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 CX Technology - 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 CX Technology Corp to buy it.
The correlation of CX Technology 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 CX Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CX Technology Corp 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 CX Technology 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 CX Technology position
In addition to having CX Technology 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 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 World Allocation Funds Theme or any other thematic opportunities.
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Additional Tools for 2415 Stock Analysis
When running CX Technology's price analysis, check to measure CX Technology'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 CX Technology is operating at the current time. Most of CX Technology's value examination focuses on studying past and present price action to predict the probability of CX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CX Technology's price. Additionally, you may evaluate how the addition of CX Technology to your portfolios can decrease your overall portfolio volatility.