Allied Circuit Current Valuation vs. Revenue
| 8155 Stock | TWD 121.50 3.00 2.53% |
For Allied Circuit profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allied Circuit to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allied Circuit Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allied Circuit's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allied Circuit Co over time as well as its relative position and ranking within its peers.
Allied |
Allied Circuit Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allied Circuit's current stock value. Our valuation model uses many indicators to compare Allied Circuit value to that of its competitors to determine the firm's financial worth. Allied Circuit Co is the top company in current valuation category among its peers. It also is the top company in revenue category among its peers totaling about 0.53 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Allied Circuit Co is roughly 1.87 . 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 Allied Circuit's earnings, one of the primary drivers of an investment's value.Allied Current Valuation vs. Competition
Allied Circuit Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Components industry is presently estimated at about 74.95 Billion. Allied Circuit holds roughly 5.43 Billion in current valuation claiming about 7% of equities under Electronic Components industry.
Allied Revenue vs. Current Valuation
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.
Allied Circuit |
| = | 5.43 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Allied Circuit |
| = | 2.9 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Allied Revenue vs Competition
Allied Circuit Co is the top company in revenue category among its peers. Market size based on revenue of Electronic Components industry is presently estimated at about 54.18 Billion. Allied Circuit holds roughly 2.9 Billion in revenue claiming about 5% of equities under Electronic Components industry.
Allied Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allied Circuit. 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 Allied Circuit 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 Allied Circuit's important profitability drivers and their relationship over time.
Use Allied Circuit 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 Allied Circuit 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 Allied Circuit will appreciate offsetting losses from the drop in the long position's value.Allied Circuit Pair Trading
Allied Circuit Co Pair Trading Analysis
The ability to find closely correlated positions to Allied Circuit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Circuit 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 Allied Circuit - 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 Allied Circuit Co to buy it.
The correlation of Allied Circuit 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 Allied Circuit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Circuit 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 Allied Circuit 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 Allied Circuit position
In addition to having Allied Circuit 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 Aluminum Thematic Idea Now
Aluminum
Companies involved in production of aluminum. The Aluminum theme has 42 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 Aluminum Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Allied Stock Analysis
When running Allied Circuit's price analysis, check to measure Allied Circuit'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 Allied Circuit is operating at the current time. Most of Allied Circuit's value examination focuses on studying past and present price action to predict the probability of Allied Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Circuit's price. Additionally, you may evaluate how the addition of Allied Circuit to your portfolios can decrease your overall portfolio volatility.