Azion Total Debt vs. Current Valuation
| 6148 Stock | TWD 26.85 2.20 7.57% |
For Azion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azion utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azion over time as well as its relative position and ranking within its peers.
Azion |
Azion Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Azion's current stock value. Our valuation model uses many indicators to compare Azion value to that of its competitors to determine the firm's financial worth. Azion is the top company in total debt category among its peers. It also is the top company in current valuation category among its peers reporting about 2.47 of Current Valuation per Total Debt. 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 Azion's earnings, one of the primary drivers of an investment's value.Azion Total Debt vs. Competition
Azion is the top company in total debt category among its peers. Total debt of Communication Equipment industry is presently estimated at about 4.54 Billion. Azion holds roughly 183.02 Million in total debt claiming about 4% of stocks in Communication Equipment industry.
Azion Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Azion |
| = | 183.02 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Azion |
| = | 451.93 M |
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.
Azion Current Valuation vs Competition
Azion is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Equipment industry is presently estimated at about 35.68 Billion. Azion claims roughly 451.93 Million in current valuation contributing just under 2% to stocks in Communication Equipment industry.
Azion Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Azion. 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 Azion 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 Azion's important profitability drivers and their relationship over time.
Use Azion 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 Azion 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 Azion will appreciate offsetting losses from the drop in the long position's value.Azion Pair Trading
Azion Pair Trading Analysis
The ability to find closely correlated positions to Azion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azion 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 Azion - 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 Azion to buy it.
The correlation of Azion 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 Azion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azion 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 Azion 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 Azion position
In addition to having Azion 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 Healthcare Thematic Idea Now
Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
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Additional Tools for Azion Stock Analysis
When running Azion's price analysis, check to measure Azion'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 Azion is operating at the current time. Most of Azion's value examination focuses on studying past and present price action to predict the probability of Azion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azion's price. Additionally, you may evaluate how the addition of Azion to your portfolios can decrease your overall portfolio volatility.