Canon Price To Earning vs. Profit Margin
| CAJDelisted Stock | USD 21.90 0.02 0.09% |
For Canon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canon Inc ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canon Inc ADR over time as well as its relative position and ranking within its peers.
Canon |
Canon Inc ADR Profit Margin vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canon's current stock value. Our valuation model uses many indicators to compare Canon value to that of its competitors to determine the firm's financial worth. Canon Inc ADR is number one stock in price to earning category among its peers. It also is number one stock in profit margin category among its peers . The ratio of Price To Earning to Profit Margin for Canon Inc ADR is about 254.88 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Canon by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Canon Profit Margin vs. Price To Earning
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.
Canon |
| = | 15.42 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Canon |
| = | 0.06 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Canon Profit Margin Comparison
Canon is currently under evaluation in profit margin category among its peers.
Canon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canon will eventually generate negative long term returns. The profitability progress is the general direction of Canon's change in net profit over the period of time. It can combine multiple indicators of Canon, 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.
Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices , plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan. Canon Inc operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 184034 people.
Canon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canon. 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 Canon 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 Canon's important profitability drivers and their relationship over time.
Use Canon 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 Canon 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 Canon will appreciate offsetting losses from the drop in the long position's value.Canon Pair Trading
Canon Inc ADR Pair Trading Analysis
The ability to find closely correlated positions to Canon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canon 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 Canon - 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 Canon Inc ADR to buy it.
The correlation of Canon 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 Canon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canon Inc ADR 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 Canon 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 Canon position
In addition to having Canon 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 Recycling Thematic Idea Now
Recycling
West management companies as well as entities specializing in pollution control and recycling. The Recycling 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 Recycling Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Canon Stock
If you are still planning to invest in Canon Inc ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canon's history and understand the potential risks before investing.
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