Cheer Time Return On Equity vs. Shares Outstanding
| 3229 Stock | TWD 17.50 0.05 0.28% |
For Cheer Time profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cheer Time to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cheer Time Enterprise utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cheer Time's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cheer Time Enterprise over time as well as its relative position and ranking within its peers.
Cheer |
Cheer Time Enterprise Shares Outstanding vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cheer Time's current stock value. Our valuation model uses many indicators to compare Cheer Time value to that of its competitors to determine the firm's financial worth. Cheer Time Enterprise is rated fifth in return on equity category among its peers. It is rated third in shares outstanding 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 Cheer Time's earnings, one of the primary drivers of an investment's value.Cheer Shares Outstanding vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Cheer Time |
| = | -0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Cheer Time |
| = | 64.26 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.
Cheer Shares Outstanding Comparison
Cheer Time is currently under evaluation in shares outstanding category among its peers.
Cheer Time Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cheer Time, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cheer Time will eventually generate negative long term returns. The profitability progress is the general direction of Cheer Time's change in net profit over the period of time. It can combine multiple indicators of Cheer Time, 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.
Cheer Time Enterprise Co Ltd. manufactures and sells printed circuit boards in Taiwan. The company was founded in 1987 and is based in New Taipei City, Taiwan. CHEER TIME operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange.
Cheer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cheer Time. 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 Cheer Time 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 Cheer Time's important profitability drivers and their relationship over time.
Use Cheer Time 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 Cheer Time 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 Cheer Time will appreciate offsetting losses from the drop in the long position's value.Cheer Time Pair Trading
Cheer Time Enterprise Pair Trading Analysis
The ability to find closely correlated positions to Cheer Time could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheer Time 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 Cheer Time - 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 Cheer Time Enterprise to buy it.
The correlation of Cheer Time 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 Cheer Time moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheer Time 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 Cheer Time 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 Cheer Time position
In addition to having Cheer Time 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 Entertainment Thematic Idea Now
Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment 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 Entertainment Theme or any other thematic opportunities.
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Additional Tools for Cheer Stock Analysis
When running Cheer Time's price analysis, check to measure Cheer Time'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 Cheer Time is operating at the current time. Most of Cheer Time's value examination focuses on studying past and present price action to predict the probability of Cheer Time's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheer Time's price. Additionally, you may evaluate how the addition of Cheer Time to your portfolios can decrease your overall portfolio volatility.