Nimbus Group Cash Per Share vs. Current Valuation
| BOAT Stock | SEK 16.10 0.35 2.13% |
For Nimbus Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nimbus Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nimbus Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nimbus Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nimbus Group AB over time as well as its relative position and ranking within its peers.
Nimbus |
Nimbus Group AB Current Valuation vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nimbus Group's current stock value. Our valuation model uses many indicators to compare Nimbus Group value to that of its competitors to determine the firm's financial worth. Nimbus Group AB is number one stock in cash per share category among its peers. It also is the top company in current valuation category among its peers reporting about 54,120,226 of Current Valuation per Cash Per Share. 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 Nimbus Group's earnings, one of the primary drivers of an investment's value.Nimbus 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.
Nimbus Group |
| = | 15.05 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.
Nimbus Group |
| = | 814.51 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.
Nimbus Current Valuation vs Competition
Nimbus Group AB is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Leisure industry is currently estimated at about 45.4 Billion. Nimbus Group claims roughly 814.51 Million in current valuation contributing just under 2% to all equities under Leisure industry.
Nimbus Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nimbus Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nimbus Group will eventually generate negative long term returns. The profitability progress is the general direction of Nimbus Group's change in net profit over the period of time. It can combine multiple indicators of Nimbus Group, 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.
Nimbus Group AB designs, manufactures, and markets recreational motorboats worldwide. The company was founded in 1968 and is based in Gothenburg, Sweden. Nimbus Group operates under Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 357 people.
Nimbus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nimbus Group. 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 Nimbus Group 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 Nimbus Group's important profitability drivers and their relationship over time.
Use Nimbus Group 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 Nimbus Group 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 Nimbus Group will appreciate offsetting losses from the drop in the long position's value.Nimbus Group Pair Trading
Nimbus Group AB Pair Trading Analysis
The ability to find closely correlated positions to Nimbus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nimbus Group 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 Nimbus Group - 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 Nimbus Group AB to buy it.
The correlation of Nimbus Group 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 Nimbus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nimbus Group 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 Nimbus Group 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 Nimbus Group position
In addition to having Nimbus Group 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 39 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 Currency Funds Theme or any other thematic opportunities.
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Additional Tools for Nimbus Stock Analysis
When running Nimbus Group's price analysis, check to measure Nimbus Group'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 Nimbus Group is operating at the current time. Most of Nimbus Group's value examination focuses on studying past and present price action to predict the probability of Nimbus Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nimbus Group's price. Additionally, you may evaluate how the addition of Nimbus Group to your portfolios can decrease your overall portfolio volatility.