Charan Insurance Gross Profit vs. Shares Outstanding

CHARAN Stock  THB 21.60  0.20  0.92%   
Based on the measurements of profitability obtained from Charan Insurance's financial statements, Charan Insurance Public may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Charan Insurance's ability to earn profits and add value for shareholders.
For Charan Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Charan Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Charan Insurance Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Charan Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Charan Insurance Public over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Charan Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charan Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charan Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Charan Insurance Public Shares Outstanding vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Charan Insurance's current stock value. Our valuation model uses many indicators to compare Charan Insurance value to that of its competitors to determine the firm's financial worth.
Charan Insurance Public is rated fifth in gross profit category among its peers. It also is rated fifth in shares outstanding category among its peers creating about  3.57  of Shares Outstanding per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Charan Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Charan Insurance's Stock. 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.

Charan Shares Outstanding 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.

Charan Insurance

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
3.36 M
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Charan Insurance

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
12 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Charan Shares Outstanding Comparison

Charan Insurance is currently under evaluation in shares outstanding category among its peers.

Charan Insurance Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Charan Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Charan Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Charan Insurance's change in net profit over the period of time. It can combine multiple indicators of Charan Insurance, 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.
Charan Insurance Public Company Limited provides non-life insurance products in Thailand. Charan Insurance Public Company Limited was founded in 1949 and is headquartered in Bangkok, Thailand. CHARAN INSURANCE operates under Insurance - Property Casualty classification in Thailand and is traded on Stock Exchange of Thailand.

Charan Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Charan Insurance. 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 Charan Insurance 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 Charan Insurance's important profitability drivers and their relationship over time.

Use Charan Insurance 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 Charan Insurance 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 Charan Insurance will appreciate offsetting losses from the drop in the long position's value.

Charan Insurance Pair Trading

Charan Insurance Public Pair Trading Analysis

The ability to find closely correlated positions to Charan Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charan Insurance 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 Charan Insurance - 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 Charan Insurance Public to buy it.
The correlation of Charan Insurance 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 Charan Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charan Insurance 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 Charan Insurance 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Charan Insurance position

In addition to having Charan Insurance 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.

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Other Information on Investing in Charan Stock

To fully project Charan Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Charan Insurance 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 Charan Insurance's income statement, its balance sheet, and the statement of cash flows.
Potential Charan Insurance investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Charan Insurance investors may work on each financial statement separately, they are all related. The changes in Charan Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Charan Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.