BOC Hong Cash Per Share vs. Current Valuation
| BHKLY Stock | USD 62.01 0.84 1.34% |
For BOC Hong profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BOC Hong to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BOC Hong Kong utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BOC Hong's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BOC Hong Kong over time as well as its relative position and ranking within its peers.
BOC |
BOC Hong Kong Current Valuation vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BOC Hong's current stock value. Our valuation model uses many indicators to compare BOC Hong value to that of its competitors to determine the firm's financial worth. BOC Hong Kong is number one stock in cash per share category among its peers. It is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value BOC Hong by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BOC Hong's Pink Sheet. 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.BOC Current Valuation vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
BOC Hong |
| = | 739.98 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
BOC Hong |
| = | (427.01 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.
BOC Current Valuation vs Competition
BOC Hong Kong is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Banks—Regional industry is currently estimated at about (49.37 Trillion). BOC Hong has negative current valuation of (427.01 Billion) contributing less than 1% to the industry.
BOC Hong Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BOC Hong, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BOC Hong will eventually generate negative long term returns. The profitability progress is the general direction of BOC Hong's change in net profit over the period of time. It can combine multiple indicators of BOC Hong, 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.
BOC Hong Kong Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. BOC Hong Kong Limited was founded in 1917 and is based in Central, Hong Kong. Boc Hong operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 14220 people.
BOC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BOC Hong. 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 BOC Hong 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 BOC Hong's important profitability drivers and their relationship over time.
Use BOC Hong 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 BOC Hong 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 BOC Hong will appreciate offsetting losses from the drop in the long position's value.BOC Hong Pair Trading
BOC Hong Kong Pair Trading Analysis
The ability to find closely correlated positions to BOC Hong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BOC Hong 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 BOC Hong - 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 BOC Hong Kong to buy it.
The correlation of BOC Hong 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 BOC Hong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BOC Hong Kong 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 BOC Hong 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 BOC Hong position
In addition to having BOC Hong 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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IT
Information Technology (IT) companies and IT service providers across different domains. The IT 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 IT Theme or any other thematic opportunities.
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Additional Tools for BOC Pink Sheet Analysis
When running BOC Hong's price analysis, check to measure BOC Hong'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 BOC Hong is operating at the current time. Most of BOC Hong's value examination focuses on studying past and present price action to predict the probability of BOC Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BOC Hong's price. Additionally, you may evaluate how the addition of BOC Hong to your portfolios can decrease your overall portfolio volatility.