Chiangmai Frozen Return On Asset vs. Shares Outstanding
| CM Stock | THB 2.02 0.06 2.88% |
For Chiangmai Frozen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chiangmai Frozen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chiangmai Frozen Foods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chiangmai Frozen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chiangmai Frozen Foods over time as well as its relative position and ranking within its peers.
Chiangmai |
Chiangmai Frozen Foods Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chiangmai Frozen's current stock value. Our valuation model uses many indicators to compare Chiangmai Frozen value to that of its competitors to determine the firm's financial worth. Chiangmai Frozen Foods is rated below average in return on asset category among its peers. It is number one stock in shares outstanding category among its peers creating about 115,498,783,030 of Shares Outstanding per Return On Asset. 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 Chiangmai Frozen's earnings, one of the primary drivers of an investment's value.Chiangmai Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Chiangmai Frozen |
| = | 0.0033 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Chiangmai Frozen |
| = | 381.15 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.
Chiangmai Shares Outstanding Comparison
Chiangmai Frozen is currently under evaluation in shares outstanding category among its peers.
Chiangmai Frozen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chiangmai Frozen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chiangmai Frozen will eventually generate negative long term returns. The profitability progress is the general direction of Chiangmai Frozen's change in net profit over the period of time. It can combine multiple indicators of Chiangmai Frozen, 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.
Chiangmai Frozen Foods Public Company Limited manufactures and exports frozen vegetables in Thailand and internationally. Chiangmai Frozen Foods Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. CHIANGMAI FROZEN operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
Chiangmai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chiangmai Frozen. 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 Chiangmai Frozen 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 Chiangmai Frozen's important profitability drivers and their relationship over time.
Use Chiangmai Frozen 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 Chiangmai Frozen 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 Chiangmai Frozen will appreciate offsetting losses from the drop in the long position's value.Chiangmai Frozen Pair Trading
Chiangmai Frozen Foods Pair Trading Analysis
The ability to find closely correlated positions to Chiangmai Frozen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chiangmai Frozen 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 Chiangmai Frozen - 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 Chiangmai Frozen Foods to buy it.
The correlation of Chiangmai Frozen 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 Chiangmai Frozen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chiangmai Frozen Foods 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 Chiangmai Frozen 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 Chiangmai Frozen position
In addition to having Chiangmai Frozen 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
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Other Information on Investing in Chiangmai Stock
To fully project Chiangmai Frozen's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chiangmai Frozen Foods 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 Chiangmai Frozen's income statement, its balance sheet, and the statement of cash flows.