LARGAN Precision Current Valuation vs. Shares Outstanding
| 3008 Stock | TWD 2,435 10.00 0.41% |
For LARGAN Precision profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LARGAN Precision to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LARGAN Precision Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LARGAN Precision's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LARGAN Precision Co over time as well as its relative position and ranking within its peers.
LARGAN |
LARGAN Precision Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LARGAN Precision's current stock value. Our valuation model uses many indicators to compare LARGAN Precision value to that of its competitors to determine the firm's financial worth. LARGAN Precision Co is rated fourth in current valuation category among its peers. It is rated below average in shares outstanding category among its peers . The ratio of Current Valuation to Shares Outstanding for LARGAN Precision Co is about 1,395 . 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 LARGAN Precision's earnings, one of the primary drivers of an investment's value.LARGAN Current Valuation vs. Competition
LARGAN Precision Co is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 3.45 Trillion. LARGAN Precision holds roughly 186.2 Billion in current valuation claiming about 5% of equities under Information Technology industry.
LARGAN Shares Outstanding vs. Current Valuation
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.
LARGAN Precision |
| = | 186.2 B |
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.
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.
LARGAN Precision |
| = | 133.47 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.
LARGAN Shares Outstanding Comparison
LARGAN Precision is currently under evaluation in shares outstanding category among its peers.
LARGAN Precision Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LARGAN Precision, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LARGAN Precision will eventually generate negative long term returns. The profitability progress is the general direction of LARGAN Precision's change in net profit over the period of time. It can combine multiple indicators of LARGAN Precision, 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.
,Ltd, together with its subsidiary, designs, manufactures, and sells lens for perspective mirror, camera, single and double binoculars, fax machines, microscopes, and scanners. The company was founded in 1987 and is headquartered in Taichung, Taiwan. LARGAN PRECISION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
LARGAN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LARGAN Precision. 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 LARGAN Precision 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 LARGAN Precision's important profitability drivers and their relationship over time.
Use LARGAN Precision 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 LARGAN Precision 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 LARGAN Precision will appreciate offsetting losses from the drop in the long position's value.LARGAN Precision Pair Trading
LARGAN Precision Co Pair Trading Analysis
The ability to find closely correlated positions to LARGAN Precision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LARGAN Precision 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 LARGAN Precision - 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 LARGAN Precision Co to buy it.
The correlation of LARGAN Precision 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 LARGAN Precision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LARGAN Precision 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 LARGAN Precision 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 LARGAN Precision position
In addition to having LARGAN Precision 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 Tech Funds Thematic Idea Now
Tech Funds
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds theme has 40 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 Tech Funds Theme or any other thematic opportunities.
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Additional Tools for LARGAN Stock Analysis
When running LARGAN Precision's price analysis, check to measure LARGAN Precision'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 LARGAN Precision is operating at the current time. Most of LARGAN Precision's value examination focuses on studying past and present price action to predict the probability of LARGAN Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LARGAN Precision's price. Additionally, you may evaluate how the addition of LARGAN Precision to your portfolios can decrease your overall portfolio volatility.