Aspeed Technology Current Valuation vs. Gross Profit
| 5274 Stock | TWD 4,085 80.00 2.00% |
For Aspeed Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aspeed Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aspeed Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aspeed Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aspeed Technology over time as well as its relative position and ranking within its peers.
Aspeed |
Aspeed Technology Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aspeed Technology's current stock value. Our valuation model uses many indicators to compare Aspeed Technology value to that of its competitors to determine the firm's financial worth. Aspeed Technology is rated fourth in current valuation category among its peers. It is rated fifth in gross profit category among its peers fabricating about 0.03 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Aspeed Technology is roughly 29.36 . 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 Aspeed Technology's earnings, one of the primary drivers of an investment's value.Aspeed Current Valuation vs. Competition
Aspeed Technology is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Semiconductors industry is presently estimated at about 605.17 Billion. Aspeed Technology retains roughly 69.74 Billion in current valuation claiming about 12% of equities listed under Semiconductors industry.
Aspeed 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.
Aspeed Technology |
| = | 69.74 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.
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.
Aspeed Technology |
| = | 2.38 B |
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.
Aspeed Gross Profit Comparison
Aspeed Technology is currently under evaluation in gross profit category among its peers.
Aspeed Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aspeed Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aspeed Technology will eventually generate negative long term returns. The profitability progress is the general direction of Aspeed Technology's change in net profit over the period of time. It can combine multiple indicators of Aspeed Technology, 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.
ASPEED Technology Inc. operates as a fabless integrated circuit design company in Taiwan, China, the United States, and internationally. ASPEED Technology Inc. was incorporated in 2004 and is headquartered in Hsinchu City, Taiwan. ASPEED TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange.
Aspeed Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aspeed Technology. 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 Aspeed Technology 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 Aspeed Technology's important profitability drivers and their relationship over time.
Use Aspeed Technology 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 Aspeed Technology 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 Aspeed Technology will appreciate offsetting losses from the drop in the long position's value.Aspeed Technology Pair Trading
Aspeed Technology Pair Trading Analysis
The ability to find closely correlated positions to Aspeed Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspeed Technology 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 Aspeed Technology - 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 Aspeed Technology to buy it.
The correlation of Aspeed Technology 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 Aspeed Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspeed Technology 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 Aspeed Technology 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 Aspeed Technology position
In addition to having Aspeed Technology 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
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Additional Tools for Aspeed Stock Analysis
When running Aspeed Technology's price analysis, check to measure Aspeed Technology'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 Aspeed Technology is operating at the current time. Most of Aspeed Technology's value examination focuses on studying past and present price action to predict the probability of Aspeed Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspeed Technology's price. Additionally, you may evaluate how the addition of Aspeed Technology to your portfolios can decrease your overall portfolio volatility.