Birla Carbon Shares Owned By Institutions vs. Price To Earning
| BCT Stock | THB 68.75 2.25 3.38% |
For Birla Carbon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Birla Carbon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Birla Carbon Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Birla Carbon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Birla Carbon Public over time as well as its relative position and ranking within its peers.
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Birla Carbon Public Price To Earning vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Birla Carbon's current stock value. Our valuation model uses many indicators to compare Birla Carbon value to that of its competitors to determine the firm's financial worth. Birla Carbon Public is number one stock in shares owned by institutions category among its peers. It also is number one stock in price to earning category among its peers reporting about 8.73 of Price To Earning per Shares Owned By Institutions. 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 Birla Carbon's earnings, one of the primary drivers of an investment's value.Birla Price To Earning vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Birla Carbon |
| = | 1.55 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Birla Carbon |
| = | 13.53 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Birla Price To Earning Comparison
Birla Carbon is currently under evaluation in price to earning category among its peers.
Birla Carbon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Birla Carbon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Birla Carbon will eventually generate negative long term returns. The profitability progress is the general direction of Birla Carbon's change in net profit over the period of time. It can combine multiple indicators of Birla Carbon, 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.
Birla Carbon Public Company Limited engages in the manufacture and sale of carbon black for rubber and specialty applications. The company was incorporated in 1978 and is headquartered in Bangkok, Thailand. BIRLA CARBON operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Birla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Birla Carbon. 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 Birla Carbon 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 Birla Carbon's important profitability drivers and their relationship over time.
Use Birla Carbon 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 Birla Carbon 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 Birla Carbon will appreciate offsetting losses from the drop in the long position's value.Birla Carbon Pair Trading
Birla Carbon Public Pair Trading Analysis
The ability to find closely correlated positions to Birla Carbon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Birla Carbon 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 Birla Carbon - 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 Birla Carbon Public to buy it.
The correlation of Birla Carbon 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 Birla Carbon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Birla Carbon 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 Birla Carbon 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 Birla Carbon position
In addition to having Birla Carbon 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?
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Other Information on Investing in Birla Stock
To fully project Birla Carbon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Birla Carbon 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 Birla Carbon's income statement, its balance sheet, and the statement of cash flows.