Wanhwa Enterprise Price To Sales vs. Shares Outstanding
| 2701 Stock | TWD 12.65 0.05 0.39% |
For Wanhwa Enterprise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wanhwa Enterprise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wanhwa Enterprise Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wanhwa Enterprise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wanhwa Enterprise Co over time as well as its relative position and ranking within its peers.
Wanhwa |
Wanhwa Enterprise Shares Outstanding vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wanhwa Enterprise's current stock value. Our valuation model uses many indicators to compare Wanhwa Enterprise value to that of its competitors to determine the firm's financial worth. Wanhwa Enterprise Co is number one stock in price to sales category among its peers. It also is number one stock in shares outstanding category among its peers creating about 23,605,746 of Shares Outstanding 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 Wanhwa Enterprise's earnings, one of the primary drivers of an investment's value.Wanhwa Shares Outstanding 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.
Wanhwa Enterprise |
| = | 19.06 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.
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.
Wanhwa Enterprise |
| = | 449.97 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.
Wanhwa Shares Outstanding Comparison
Wanhwa Enterprise is currently under evaluation in shares outstanding category among its peers.
Wanhwa Enterprise Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wanhwa Enterprise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wanhwa Enterprise will eventually generate negative long term returns. The profitability progress is the general direction of Wanhwa Enterprise's change in net profit over the period of time. It can combine multiple indicators of Wanhwa Enterprise, 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.
Wanhwa Enterprise Company engages in the rental of commercial buildings, and operation of cinemas and mobile amusement parks in Taiwan. The company was founded in 1958 and is headquartered in Taipei, Taiwan. WAN HWA is traded on Taiwan Stock Exchange in Taiwan.
Wanhwa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wanhwa Enterprise. 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 Wanhwa Enterprise 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 Wanhwa Enterprise's important profitability drivers and their relationship over time.
Use Wanhwa Enterprise 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 Wanhwa Enterprise 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 Wanhwa Enterprise will appreciate offsetting losses from the drop in the long position's value.Wanhwa Enterprise Pair Trading
Wanhwa Enterprise Co Pair Trading Analysis
The ability to find closely correlated positions to Wanhwa Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wanhwa Enterprise 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 Wanhwa Enterprise - 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 Wanhwa Enterprise Co to buy it.
The correlation of Wanhwa Enterprise 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 Wanhwa Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wanhwa Enterprise 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 Wanhwa Enterprise 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 Wanhwa Enterprise position
In addition to having Wanhwa Enterprise 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 Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 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 Electrical Equipment Theme or any other thematic opportunities.
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Additional Tools for Wanhwa Stock Analysis
When running Wanhwa Enterprise's price analysis, check to measure Wanhwa Enterprise'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 Wanhwa Enterprise is operating at the current time. Most of Wanhwa Enterprise's value examination focuses on studying past and present price action to predict the probability of Wanhwa Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanhwa Enterprise's price. Additionally, you may evaluate how the addition of Wanhwa Enterprise to your portfolios can decrease your overall portfolio volatility.