SK Square Current Valuation vs. Gross Profit
| 402340 Stock | 73,500 500.00 0.68% |
For SK Square profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SK Square to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SK Square Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SK Square's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SK Square Co over time as well as its relative position and ranking within its peers.
402340 |
SK Square Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SK Square's current stock value. Our valuation model uses many indicators to compare SK Square value to that of its competitors to determine the firm's financial worth. SK Square Co is the top company in current valuation category among its peers. It also is number one stock in gross profit category among its peers fabricating about 1.06 of Gross Profit per Current Valuation. Comparative valuation analysis is a catch-all model that can be used if you cannot value SK Square by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SK Square's 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.402340 Current Valuation vs. Competition
SK Square Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Semiconductors industry is presently estimated at about 6.07 Trillion. SK Square totals roughly 5.63 Trillion in current valuation claiming about 93% of equities listed under Semiconductors industry.
402340 Gross Profit 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.
SK Square |
| = | 5.63 T |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
SK Square |
| = | 5.97 T |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
402340 Gross Profit Comparison
SK Square is currently under evaluation in gross profit category among its peers.
402340 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SK Square. 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 SK Square 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 SK Square's important profitability drivers and their relationship over time.
Use SK Square 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 SK Square 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 SK Square will appreciate offsetting losses from the drop in the long position's value.SK Square Pair Trading
SK Square Co Pair Trading Analysis
The ability to find closely correlated positions to SK Square could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Square 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 SK Square - 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 SK Square Co to buy it.
The correlation of SK Square 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 SK Square moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Square 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 SK Square 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 SK Square position
In addition to having SK Square 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing 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 Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in 402340 Stock
To fully project SK Square's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SK Square 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 SK Square's income statement, its balance sheet, and the statement of cash flows.