ATP 30 Shares Outstanding vs. Gross Profit
| ATP30 Stock | THB 1.06 0.08 8.16% |
For ATP 30 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ATP 30 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ATP 30 Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ATP 30's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ATP 30 Public over time as well as its relative position and ranking within its peers.
ATP |
ATP 30 Public Gross Profit vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ATP 30's current stock value. Our valuation model uses many indicators to compare ATP 30 value to that of its competitors to determine the firm's financial worth. ATP 30 Public is number one stock in shares outstanding category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.15 of Gross Profit per Shares Outstanding. The ratio of Shares Outstanding to Gross Profit for ATP 30 Public is roughly 6.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ATP 30 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ATP 30'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.ATP Gross Profit 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.
ATP 30 |
| = | 682.31 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
ATP 30 |
| = | 103.11 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
ATP Gross Profit Comparison
ATP 30 is currently under evaluation in gross profit category among its peers.
ATP 30 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ATP 30, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ATP 30 will eventually generate negative long term returns. The profitability progress is the general direction of ATP 30's change in net profit over the period of time. It can combine multiple indicators of ATP 30, 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.
ATP 30 Public Company Limited provides transport services in Thailand. The company was founded in 2005 and is headquartered in Chonburi, Thailand. ATP30 PUBLIC operates under Railroads classification in Thailand and is traded on Stock Exchange of Thailand.
ATP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ATP 30. 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 ATP 30 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 ATP 30's important profitability drivers and their relationship over time.
Use ATP 30 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 ATP 30 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 ATP 30 will appreciate offsetting losses from the drop in the long position's value.ATP 30 Pair Trading
ATP 30 Public Pair Trading Analysis
The ability to find closely correlated positions to ATP 30 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATP 30 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 ATP 30 - 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 ATP 30 Public to buy it.
The correlation of ATP 30 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 ATP 30 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATP 30 Public 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 ATP 30 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 ATP 30 position
In addition to having ATP 30 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
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Other Information on Investing in ATP Stock
To fully project ATP 30's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ATP 30 Public 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 ATP 30's income statement, its balance sheet, and the statement of cash flows.