Zinwell Price To Sales vs. Cash And Equivalents
| 2485 Stock | TWD 16.55 0.10 0.60% |
For Zinwell profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zinwell to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zinwell utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zinwell's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zinwell over time as well as its relative position and ranking within its peers.
Zinwell |
Zinwell Cash And Equivalents vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zinwell's current stock value. Our valuation model uses many indicators to compare Zinwell value to that of its competitors to determine the firm's financial worth. Zinwell is rated below average in price to sales category among its peers. It is number one stock in cash and equivalents category among its peers creating about 1,682,924,215 of Cash And Equivalents per Price To Sales. 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 Zinwell's earnings, one of the primary drivers of an investment's value.Zinwell Cash And Equivalents vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Zinwell |
| = | 0.93 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Zinwell |
| = | 1.57 B |
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).
Zinwell Cash And Equivalents Comparison
Zinwell is currently under evaluation in cash and equivalents category among its peers.
Zinwell Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zinwell, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zinwell will eventually generate negative long term returns. The profitability progress is the general direction of Zinwell's change in net profit over the period of time. It can combine multiple indicators of Zinwell, 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.
Zinwell Corporation designs, manufactures, and sells digital cablesatelliteterrestrial receiving, broadcast and broadband communication, IPTV receiving, and wireless equipment in Taiwan. Zinwell Corporation was founded in 1981 and is headquartered in New Taipei City, Taiwan. ZINWELL operates under Communication Equipment classification in Taiwan and is traded on Taiwan Stock Exchange.
Zinwell Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zinwell. 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 Zinwell 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 Zinwell's important profitability drivers and their relationship over time.
Use Zinwell 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 Zinwell 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 Zinwell will appreciate offsetting losses from the drop in the long position's value.Zinwell Pair Trading
Zinwell Pair Trading Analysis
The ability to find closely correlated positions to Zinwell could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zinwell 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 Zinwell - 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 Zinwell to buy it.
The correlation of Zinwell 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 Zinwell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zinwell 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 Zinwell 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 Zinwell position
In addition to having Zinwell 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 Energy Funds Thematic Idea Now
Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 47 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 Energy Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Zinwell Stock Analysis
When running Zinwell's price analysis, check to measure Zinwell'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 Zinwell is operating at the current time. Most of Zinwell's value examination focuses on studying past and present price action to predict the probability of Zinwell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zinwell's price. Additionally, you may evaluate how the addition of Zinwell to your portfolios can decrease your overall portfolio volatility.