Sun Max Net Income vs. Current Valuation
| 6591 Stock | 53.00 2.00 3.92% |
For Sun Max profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sun Max to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sun Max Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sun Max's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sun Max Tech over time as well as its relative position and ranking within its peers.
Sun |
Sun Max Tech Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sun Max's current stock value. Our valuation model uses many indicators to compare Sun Max value to that of its competitors to determine the firm's financial worth. Sun Max Tech is rated second in net income category among its peers. It also is rated second in current valuation category among its peers reporting about 5.05 of Current Valuation per Net Income. 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 Sun Max's earnings, one of the primary drivers of an investment's value.Sun Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Sun Max |
| = | 218.75 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Sun Max |
| = | 1.1 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.
Sun Current Valuation vs Competition
Sun Max Tech is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Computer Hardware industry is presently estimated at about 175.26 Billion. Sun Max maintains roughly 1.1 Billion in current valuation contributing less than 1% to stocks in Computer Hardware industry.
Sun Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sun Max. 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 Sun Max 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 Sun Max's important profitability drivers and their relationship over time.
Use Sun Max 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 Sun Max 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 Sun Max will appreciate offsetting losses from the drop in the long position's value.Sun Max Pair Trading
Sun Max Tech Pair Trading Analysis
The ability to find closely correlated positions to Sun Max could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Max 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 Sun Max - 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 Sun Max Tech to buy it.
The correlation of Sun Max 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 Sun Max moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Max Tech 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 Sun Max 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 Sun Max position
In addition to having Sun Max 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 Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 114 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 Treasury ETFs Theme or any other thematic opportunities.
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Additional Tools for Sun Stock Analysis
When running Sun Max's price analysis, check to measure Sun Max'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 Sun Max is operating at the current time. Most of Sun Max's value examination focuses on studying past and present price action to predict the probability of Sun Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Max's price. Additionally, you may evaluate how the addition of Sun Max to your portfolios can decrease your overall portfolio volatility.