GOODTECH ASA Shares Owned By Insiders vs. EBITDA
| 6FO Stock | EUR 0.78 0.01 1.30% |
For GOODTECH ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GOODTECH ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GOODTECH ASA A utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GOODTECH ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GOODTECH ASA A over time as well as its relative position and ranking within its peers.
GOODTECH |
GOODTECH ASA A EBITDA vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GOODTECH ASA's current stock value. Our valuation model uses many indicators to compare GOODTECH ASA value to that of its competitors to determine the firm's financial worth. GOODTECH ASA A is number one stock in shares owned by insiders category among its peers. It also is number one stock in ebitda category among its peers totaling about 18,565 of EBITDA per Shares Owned By Insiders. 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 GOODTECH ASA's earnings, one of the primary drivers of an investment's value.GOODTECH EBITDA vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
GOODTECH ASA |
| = | 61.14 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
GOODTECH ASA |
| = | 1.14 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.
GOODTECH EBITDA Comparison
GOODTECH ASA is currently under evaluation in ebitda category among its peers.
GOODTECH ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GOODTECH ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GOODTECH ASA will eventually generate negative long term returns. The profitability progress is the general direction of GOODTECH ASA's change in net profit over the period of time. It can combine multiple indicators of GOODTECH ASA, 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.
Goodtech ASA operates as an automation, power, and industrial engineering company in Norway, Sweden, Finland, Europe, and internationally. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering Construction classification in Germany and is traded on Frankfurt Stock Exchange. It employs 283 people.
GOODTECH Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GOODTECH ASA. 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 GOODTECH ASA 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 GOODTECH ASA's important profitability drivers and their relationship over time.
Use GOODTECH ASA 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 GOODTECH ASA 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 GOODTECH ASA will appreciate offsetting losses from the drop in the long position's value.GOODTECH ASA Pair Trading
GOODTECH ASA A Pair Trading Analysis
The ability to find closely correlated positions to GOODTECH ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GOODTECH ASA 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 GOODTECH ASA - 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 GOODTECH ASA A to buy it.
The correlation of GOODTECH ASA 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 GOODTECH ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GOODTECH ASA A 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 GOODTECH ASA 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 GOODTECH ASA position
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Other Information on Investing in GOODTECH Stock
To fully project GOODTECH ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GOODTECH ASA A 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 GOODTECH ASA's income statement, its balance sheet, and the statement of cash flows.