Chicony Power Operating Margin vs. Shares Outstanding
| 6412 Stock | TWD 126.00 1.50 1.18% |
For Chicony Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chicony Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chicony Power Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chicony Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chicony Power Technology over time as well as its relative position and ranking within its peers.
Chicony |
Chicony Power Technology Shares Outstanding vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chicony Power's current stock value. Our valuation model uses many indicators to compare Chicony Power value to that of its competitors to determine the firm's financial worth. Chicony Power Technology is rated below average in operating margin category among its peers. It also is rated below average in shares outstanding category among its peers creating about 4,325,918,950 of Shares Outstanding per Operating Margin. 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 Chicony Power's earnings, one of the primary drivers of an investment's value.Chicony Shares Outstanding vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Chicony Power |
| = | 0.09 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
Chicony Power |
| = | 395.39 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.
Chicony Shares Outstanding Comparison
Chicony Power is rated fifth in shares outstanding category among its peers.
Chicony Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chicony Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chicony Power will eventually generate negative long term returns. The profitability progress is the general direction of Chicony Power's change in net profit over the period of time. It can combine multiple indicators of Chicony Power, 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.
Chicony Power Technology Co., Ltd. manufactures and sells switching power supplies, electronic components, and LED lighting products in Asia, the United States, Europe, and internationally. The company was founded in 2008 and is headquartered in New Taipei City, Taiwan. CHICONY POWER is traded on Taiwan Stock Exchange in Taiwan.
Chicony Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chicony Power. 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 Chicony Power 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 Chicony Power's important profitability drivers and their relationship over time.
Use Chicony Power 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 Chicony Power 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 Chicony Power will appreciate offsetting losses from the drop in the long position's value.Chicony Power Pair Trading
Chicony Power Technology Pair Trading Analysis
The ability to find closely correlated positions to Chicony Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chicony Power 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 Chicony Power - 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 Chicony Power Technology to buy it.
The correlation of Chicony Power 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 Chicony Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicony Power 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 Chicony Power 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 Chicony Power position
In addition to having Chicony Power 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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Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 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 Books Theme or any other thematic opportunities.
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Additional Tools for Chicony Stock Analysis
When running Chicony Power's price analysis, check to measure Chicony Power'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 Chicony Power is operating at the current time. Most of Chicony Power's value examination focuses on studying past and present price action to predict the probability of Chicony Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicony Power's price. Additionally, you may evaluate how the addition of Chicony Power to your portfolios can decrease your overall portfolio volatility.