CHINA BANK Gross Profit vs. Beta
| C6TB Stock | EUR 13.80 0.10 0.72% |
For CHINA BANK profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CHINA BANK to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CHINA BANK ADR20 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CHINA BANK's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CHINA BANK ADR20 over time as well as its relative position and ranking within its peers.
CHINA |
CHINA BANK ADR20 Beta vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CHINA BANK's current stock value. Our valuation model uses many indicators to compare CHINA BANK value to that of its competitors to determine the firm's financial worth. CHINA BANK ADR20 is number one stock in gross profit category among its peers. It also is number one stock in beta category among its peers . The ratio of Gross Profit to Beta for CHINA BANK ADR20 is about 1,212,123,236,823 . 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 CHINA BANK's earnings, one of the primary drivers of an investment's value.CHINA Beta vs. Gross Profit
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.
CHINA BANK |
| = | 653.09 B |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
CHINA BANK |
| = | 0.54 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CHINA Beta Comparison
CHINA BANK is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, CHINA BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA BANK is expected to be smaller as well.
CHINA BANK Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CHINA BANK, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CHINA BANK will eventually generate negative long term returns. The profitability progress is the general direction of CHINA BANK's change in net profit over the period of time. It can combine multiple indicators of CHINA BANK, 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.
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the Peoples Republic of China and internationally. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the Peoples Republic of China. CHINA CON operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 373814 people.
CHINA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CHINA BANK. 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 CHINA BANK 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 CHINA BANK's important profitability drivers and their relationship over time.
Use CHINA BANK 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 CHINA BANK 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 CHINA BANK will appreciate offsetting losses from the drop in the long position's value.CHINA BANK Pair Trading
CHINA BANK ADR20 Pair Trading Analysis
The ability to find closely correlated positions to CHINA BANK could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHINA BANK 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 CHINA BANK - 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 CHINA BANK ADR20 to buy it.
The correlation of CHINA BANK 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 CHINA BANK moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHINA BANK ADR20 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 CHINA BANK 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 CHINA BANK position
In addition to having CHINA BANK 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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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 Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in CHINA Stock
To fully project CHINA BANK's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CHINA BANK ADR20 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 CHINA BANK's income statement, its balance sheet, and the statement of cash flows.