Powerchip Semiconductor Return On Equity vs. Shares Outstanding
| 6770 Stock | 15.75 0.95 5.69% |
For Powerchip Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Powerchip Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Powerchip Semiconductor Manufacturing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Powerchip Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Powerchip Semiconductor Manufacturing over time as well as its relative position and ranking within its peers.
Powerchip |
Powerchip Semiconductor Shares Outstanding vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Powerchip Semiconductor's current stock value. Our valuation model uses many indicators to compare Powerchip Semiconductor value to that of its competitors to determine the firm's financial worth. Powerchip Semiconductor Manufacturing is number one stock in return on equity category among its peers. It also is number one stock in shares outstanding category among its peers creating about 10,997,742,881 of Shares Outstanding per Return On Equity. 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 Powerchip Semiconductor's earnings, one of the primary drivers of an investment's value.Powerchip Shares Outstanding vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Powerchip Semiconductor |
| = | 0.36 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Powerchip Semiconductor |
| = | 3.95 B |
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.
Powerchip Shares Outstanding Comparison
Powerchip Semiconductor is currently under evaluation in shares outstanding category among its peers.
Powerchip Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Powerchip Semiconductor. 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 Powerchip Semiconductor 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 Powerchip Semiconductor's important profitability drivers and their relationship over time.
Use Powerchip Semiconductor 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 Powerchip Semiconductor 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 Powerchip Semiconductor will appreciate offsetting losses from the drop in the long position's value.Powerchip Semiconductor Pair Trading
Powerchip Semiconductor Manufacturing Pair Trading Analysis
The ability to find closely correlated positions to Powerchip Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Powerchip Semiconductor 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 Powerchip Semiconductor - 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 Powerchip Semiconductor Manufacturing to buy it.
The correlation of Powerchip Semiconductor 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 Powerchip Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Powerchip Semiconductor 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 Powerchip Semiconductor 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 Powerchip Semiconductor position
In addition to having Powerchip Semiconductor 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 Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 38 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 Semiconductor Theme or any other thematic opportunities.
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Additional Tools for Powerchip Stock Analysis
When running Powerchip Semiconductor's price analysis, check to measure Powerchip Semiconductor'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 Powerchip Semiconductor is operating at the current time. Most of Powerchip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Powerchip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powerchip Semiconductor's price. Additionally, you may evaluate how the addition of Powerchip Semiconductor to your portfolios can decrease your overall portfolio volatility.