HiTi Digital Cash Per Share vs. EBITDA
| 3494 Stock | TWD 17.51 0.00 0.00% |
For HiTi Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HiTi Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HiTi Digital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HiTi Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HiTi Digital over time as well as its relative position and ranking within its peers.
HiTi |
HiTi Digital EBITDA vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HiTi Digital's current stock value. Our valuation model uses many indicators to compare HiTi Digital value to that of its competitors to determine the firm's financial worth. HiTi Digital is rated below average in cash per share category among its peers. It also is rated below average in ebitda 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 HiTi Digital's earnings, one of the primary drivers of an investment's value.HiTi EBITDA vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
HiTi Digital |
| = | 3.14 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
HiTi Digital |
| = | (41.05 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
HiTi EBITDA Comparison
HiTi Digital is currently under evaluation in ebitda category among its peers.
HiTi Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HiTi Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HiTi Digital will eventually generate negative long term returns. The profitability progress is the general direction of HiTi Digital's change in net profit over the period of time. It can combine multiple indicators of HiTi Digital, 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.
HiTi Digital, Inc. designs, manufactures, and sells digital imaging output systems in Taiwan and internationally.
HiTi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HiTi Digital. 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 HiTi Digital 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 HiTi Digital's important profitability drivers and their relationship over time.
Use HiTi Digital 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 HiTi Digital 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 HiTi Digital will appreciate offsetting losses from the drop in the long position's value.HiTi Digital Pair Trading
HiTi Digital Pair Trading Analysis
The ability to find closely correlated positions to HiTi Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HiTi Digital 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 HiTi Digital - 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 HiTi Digital to buy it.
The correlation of HiTi Digital 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 HiTi Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HiTi Digital 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 HiTi Digital 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 HiTi Digital position
In addition to having HiTi Digital 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?
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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 Corporate ETFs Theme or any other thematic opportunities.
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Additional Tools for HiTi Stock Analysis
When running HiTi Digital's price analysis, check to measure HiTi Digital'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 HiTi Digital is operating at the current time. Most of HiTi Digital's value examination focuses on studying past and present price action to predict the probability of HiTi Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HiTi Digital's price. Additionally, you may evaluate how the addition of HiTi Digital to your portfolios can decrease your overall portfolio volatility.