Acast AB Current Valuation vs. Market Capitalization
Acast AB Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Acast AB's current stock value. Our valuation model uses many indicators to compare Acast AB value to that of its competitors to determine the firm's financial worth. Acast AB is the top company in current valuation category among its peers. It also is number one stock in market capitalization category among its peers creating about 3.99 of Market Capitalization per Current Valuation. 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 Acast AB's earnings, one of the primary drivers of an investment's value.Acast Current Valuation vs. Competition
Acast AB is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Entertainment industry is presently estimated at about 25.48 Billion. Acast AB claims roughly 283.73 Million in current valuation contributing just under 2% to equities under Entertainment industry.
Acast Market Capitalization 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.
Acast AB |
| = | 283.73 M |
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.
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.
Acast AB |
| = | 1.13 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.
Acast Market Capitalization vs Competition
Acast AB is number one stock in market capitalization category among its peers. Market capitalization of Entertainment industry is presently estimated at about 30.08 Billion. Acast AB holds roughly 1.13 Billion in market capitalization claiming about 4% of equities under Entertainment industry.
Acast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Acast AB. 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 Acast AB 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 Acast AB's important profitability drivers and their relationship over time.
Acast AB Earnings per Share Projection vs Actual
Use Acast AB 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 Acast AB 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 Acast AB will appreciate offsetting losses from the drop in the long position's value.Acast AB Pair Trading
Acast AB Pair Trading Analysis
The ability to find closely correlated positions to Acast AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acast AB 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 Acast AB - 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 Acast AB to buy it.
The correlation of Acast AB 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 Acast AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acast AB 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 Acast AB 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 Acast AB position
In addition to having Acast AB 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 44 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Acast Stock Analysis
When running Acast AB's price analysis, check to measure Acast AB'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 Acast AB is operating at the current time. Most of Acast AB's value examination focuses on studying past and present price action to predict the probability of Acast AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acast AB's price. Additionally, you may evaluate how the addition of Acast AB to your portfolios can decrease your overall portfolio volatility.