Anker Innovations Current Valuation vs. Shares Outstanding
| 300866 Stock | 104.79 0.46 0.44% |
For Anker Innovations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Anker Innovations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Anker Innovations Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Anker Innovations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Anker Innovations Technology over time as well as its relative position and ranking within its peers.
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Anker Innovations Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Anker Innovations's current stock value. Our valuation model uses many indicators to compare Anker Innovations value to that of its competitors to determine the firm's financial worth. Anker Innovations Technology is rated below average in current valuation category among its peers. It also is rated below average in shares outstanding category among its peers creating about 0.01 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Anker Innovations Technology is roughly 98.92 . As of January 16, 2025, Common Stock Shares Outstanding is expected to decline to about 419.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Anker Innovations by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Anker Innovations' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Anker Current Valuation vs. Competition
Anker Innovations Technology is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is presently estimated at about 4.33 Trillion. Anker Innovations claims roughly 52.57 Billion in current valuation contributing just under 2% to stocks in Consumer Discretionary industry.
Anker 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.
Anker Innovations |
| = | 52.57 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.
Anker Innovations |
| = | 531.41 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.
Anker Shares Outstanding Comparison
Anker Innovations is currently under evaluation in shares outstanding category among its peers.
Anker Innovations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Anker Innovations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Anker Innovations will eventually generate negative long term returns. The profitability progress is the general direction of Anker Innovations' change in net profit over the period of time. It can combine multiple indicators of Anker Innovations, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 688.7 M | 607.7 M | |
| Net Interest Income | -46.3 M | -44 M | |
| Interest Income | 40 M | 42 M | |
| Operating Income | 1.8 B | 949.4 M | |
| Net Income From Continuing Ops | 1.9 B | 2 B | |
| Income Before Tax | 2 B | 2.2 B | |
| Total Other Income Expense Net | 260.5 M | 273.5 M | |
| Net Income Applicable To Common Shares | 1.3 B | 735.5 M | |
| Net Income | 1.9 B | 1.9 B | |
| Income Tax Expense | 136.4 M | 85.9 M | |
| Change To Netincome | -170 M | -161.5 M |
Anker Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Anker Innovations. 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 Anker Innovations 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 Anker Innovations' important profitability drivers and their relationship over time.
Use Anker Innovations 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 Anker Innovations 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 Anker Innovations will appreciate offsetting losses from the drop in the long position's value.Anker Innovations Pair Trading
Anker Innovations Technology Pair Trading Analysis
The ability to find closely correlated positions to Anker Innovations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anker Innovations 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 Anker Innovations - 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 Anker Innovations Technology to buy it.
The correlation of Anker Innovations 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 Anker Innovations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anker Innovations 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 Anker Innovations 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 Anker Innovations position
In addition to having Anker Innovations 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 20 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 Money Funds Theme or any other thematic opportunities.
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Other Information on Investing in Anker Stock
To fully project Anker Innovations' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Anker Innovations 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 Anker Innovations' income statement, its balance sheet, and the statement of cash flows.