Commonwealth Bank Cash Per Share vs. Current Valuation

CMWAY Stock  USD 103.14  0.84  0.82%   
Taking into consideration Commonwealth Bank's profitability measurements, Commonwealth Bank of may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Commonwealth Bank's ability to earn profits and add value for shareholders.
For Commonwealth Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Commonwealth Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Commonwealth Bank of utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Commonwealth Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Commonwealth Bank of 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 Commonwealth Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commonwealth Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commonwealth Bank'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.

Commonwealth Bank Current Valuation vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Commonwealth Bank's current stock value. Our valuation model uses many indicators to compare Commonwealth Bank value to that of its competitors to determine the firm's financial worth.
Commonwealth Bank of is number one stock in cash per share category among its peers. It is rated second in current valuation category among its peers reporting about  1,763,421,028  of Current Valuation per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Commonwealth Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Commonwealth Bank's Pink Sheet. 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.

Commonwealth 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.

Commonwealth Bank

Cash Per Share

 = 

Total Cash

Average Shares

 = 
130.68 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.

Commonwealth Bank

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
230.44 B
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.

Commonwealth Current Valuation vs Competition

Commonwealth Bank of is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Banks—Diversified industry is currently estimated at about 211.09 Billion. Commonwealth Bank totals roughly 230.44 Billion in current valuation claiming about 109% of stocks in Banks—Diversified industry.

Commonwealth Bank Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Commonwealth Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Commonwealth Bank will eventually generate negative long term returns. The profitability progress is the general direction of Commonwealth Bank's change in net profit over the period of time. It can combine multiple indicators of Commonwealth 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.
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company was founded in 1911 and is based in Sydney, Australia. Commonwealth Bank operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 49245 people.

Commonwealth Profitability Driver Comparison

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

Use Commonwealth 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 Commonwealth 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 Commonwealth Bank will appreciate offsetting losses from the drop in the long position's value.

Commonwealth Bank Pair Trading

Commonwealth Bank of Pair Trading Analysis

The ability to find closely correlated positions to Commonwealth 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 Commonwealth 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 Commonwealth 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 Commonwealth Bank of to buy it.
The correlation of Commonwealth 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 Commonwealth Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commonwealth Bank 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 Commonwealth 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Commonwealth Bank position

In addition to having Commonwealth 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.

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SPAC
SPAC Theme
Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 25 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 SPAC Theme or any other thematic opportunities.
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Additional Tools for Commonwealth Pink Sheet Analysis

When running Commonwealth Bank's price analysis, check to measure Commonwealth Bank'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 Commonwealth Bank is operating at the current time. Most of Commonwealth Bank's value examination focuses on studying past and present price action to predict the probability of Commonwealth Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commonwealth Bank's price. Additionally, you may evaluate how the addition of Commonwealth Bank to your portfolios can decrease your overall portfolio volatility.