Kluang Rubber Net Income vs. Current Valuation
| 2453 Stock | 5.81 0.04 0.68% |
For Kluang Rubber profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kluang Rubber to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kluang Rubber utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kluang Rubber's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kluang Rubber over time as well as its relative position and ranking within its peers.
Kluang |
Kluang Rubber Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kluang Rubber's current stock value. Our valuation model uses many indicators to compare Kluang Rubber value to that of its competitors to determine the firm's financial worth. Kluang Rubber is number one stock in net income category among its peers. It also is the top company in current valuation category among its peers . 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 Kluang Rubber's earnings, one of the primary drivers of an investment's value.Kluang Current Valuation vs. Net Income
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.
Kluang Rubber |
| = | (14.7 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.
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.
Kluang Rubber |
| = | (27.16 M) |
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.
Kluang Current Valuation vs Competition
Kluang Rubber is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Food & Tobacco industry is presently estimated at about 1.61 Billion. Kluang Rubber has negative current valuation of (27.16 Million) contributing less than 1% to the industry.
Kluang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kluang Rubber. 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 Kluang Rubber 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 Kluang Rubber's important profitability drivers and their relationship over time.
Use Kluang Rubber 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 Kluang Rubber 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 Kluang Rubber will appreciate offsetting losses from the drop in the long position's value.Kluang Rubber Pair Trading
Kluang Rubber Pair Trading Analysis
The ability to find closely correlated positions to Kluang Rubber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kluang Rubber 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 Kluang Rubber - 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 Kluang Rubber to buy it.
The correlation of Kluang Rubber 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 Kluang Rubber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kluang Rubber 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 Kluang Rubber 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 Kluang Rubber position
In addition to having Kluang Rubber 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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Other Information on Investing in Kluang Stock
To fully project Kluang Rubber's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kluang Rubber at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kluang Rubber's income statement, its balance sheet, and the statement of cash flows.