Bonree Data EBITDA vs. Market Capitalization
| 688229 Stock | 36.68 1.24 3.27% |
For Bonree Data profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bonree Data to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bonree Data Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bonree Data's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bonree Data Technology over time as well as its relative position and ranking within its peers.
Bonree |
Bonree Data Technology Market Capitalization vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bonree Data's current stock value. Our valuation model uses many indicators to compare Bonree Data value to that of its competitors to determine the firm's financial worth. Bonree Data Technology is rated below average in ebitda category among its peers. It is rated fourth in market capitalization category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bonree Data by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bonree Data's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Bonree Market Capitalization vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Bonree Data |
| = | (98.43 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Bonree Data |
| = | 1.63 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Bonree Market Capitalization vs Competition
Bonree Data Technology is rated fourth in market capitalization category among its peers. Market capitalization of Information Technology industry is presently estimated at about 38.41 Billion. Bonree Data holds roughly 1.63 Billion in market capitalization claiming about 4% of equities under Information Technology industry.
Bonree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bonree Data. 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 Bonree Data 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 Bonree Data's important profitability drivers and their relationship over time.
Use Bonree Data 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 Bonree Data 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 Bonree Data will appreciate offsetting losses from the drop in the long position's value.Bonree Data Pair Trading
Bonree Data Technology Pair Trading Analysis
The ability to find closely correlated positions to Bonree Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bonree Data 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 Bonree Data - 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 Bonree Data Technology to buy it.
The correlation of Bonree Data 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 Bonree Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bonree Data 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 Bonree Data 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 Bonree Data position
In addition to having Bonree Data 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 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 Real Estate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Bonree Stock
To fully project Bonree Data's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bonree Data Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Bonree Data's income statement, its balance sheet, and the statement of cash flows.