Eagle Cold Shares Outstanding vs. Price To Book
| 8905 Stock | TWD 30.00 0.20 0.67% |
For Eagle Cold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eagle Cold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eagle Cold Storage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eagle Cold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eagle Cold Storage over time as well as its relative position and ranking within its peers.
Eagle |
Eagle Cold Storage Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eagle Cold's current stock value. Our valuation model uses many indicators to compare Eagle Cold value to that of its competitors to determine the firm's financial worth. Eagle Cold Storage is number one stock in shares outstanding category among its peers. It also is number one stock in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Eagle Cold Storage is about 119,264,660 . 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 Eagle Cold's earnings, one of the primary drivers of an investment's value.Eagle Price To Book vs. Shares Outstanding
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.
Eagle Cold |
| = | 115.32 M |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Eagle Cold |
| = | 0.97 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Eagle Price To Book Comparison
Eagle Cold is currently under evaluation in price to book category among its peers.
Eagle Cold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eagle Cold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eagle Cold will eventually generate negative long term returns. The profitability progress is the general direction of Eagle Cold's change in net profit over the period of time. It can combine multiple indicators of Eagle Cold, 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.
Eagle Cold Storage Enterprise Co., Ltd. engages in the processing and trade of vegetables and meat products in Taiwan. Eagle Cold Storage Enterprise Co., Ltd. was founded in 1990 and is headquartered in Taichung City, Taiwan. EAGLE COLD is traded on Taiwan OTC Exchange in Taiwan.
Eagle Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eagle Cold. 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 Eagle Cold 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 Eagle Cold's important profitability drivers and their relationship over time.
Use Eagle Cold 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 Eagle Cold 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 Eagle Cold will appreciate offsetting losses from the drop in the long position's value.Eagle Cold Pair Trading
Eagle Cold Storage Pair Trading Analysis
The ability to find closely correlated positions to Eagle Cold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Cold 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 Eagle Cold - 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 Eagle Cold Storage to buy it.
The correlation of Eagle Cold 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 Eagle Cold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Cold Storage 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 Eagle Cold 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 Eagle Cold position
In addition to having Eagle Cold 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 Advertising Thematic Idea Now
Advertising
Companies specializing in advertising, marketing and advertising services. The Advertising theme has 37 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 Advertising Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Eagle Stock Analysis
When running Eagle Cold's price analysis, check to measure Eagle Cold'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 Eagle Cold is operating at the current time. Most of Eagle Cold's value examination focuses on studying past and present price action to predict the probability of Eagle Cold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Cold's price. Additionally, you may evaluate how the addition of Eagle Cold to your portfolios can decrease your overall portfolio volatility.