Clean Power Book Value Per Share vs. Shares Outstanding
| CPH2 Stock | 7.15 0.17 2.32% |
For Clean Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Clean Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Clean Power Hydrogen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Clean Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Clean Power Hydrogen over time as well as its relative position and ranking within its peers.
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Clean Power Hydrogen Shares Outstanding vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Clean Power's current stock value. Our valuation model uses many indicators to compare Clean Power value to that of its competitors to determine the firm's financial worth. Clean Power Hydrogen is rated third in book value per share category among its peers. It is rated second in shares outstanding category among its peers creating about 3,908,463,768 of Shares Outstanding per Book Value Per Share. 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 Clean Power's earnings, one of the primary drivers of an investment's value.Clean Shares Outstanding vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Clean Power |
| = | 0.07 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
Clean Power |
| = | 269.68 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.
Clean Shares Outstanding Comparison
Clean Power is currently under evaluation in shares outstanding category among its peers.
Clean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Clean Power. 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 Clean Power 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 Clean Power's important profitability drivers and their relationship over time.
Use Clean Power 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 Clean Power 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 Clean Power will appreciate offsetting losses from the drop in the long position's value.Clean Power Pair Trading
Clean Power Hydrogen Pair Trading Analysis
The ability to find closely correlated positions to Clean Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Power 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 Clean Power - 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 Clean Power Hydrogen to buy it.
The correlation of Clean Power 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 Clean Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clean Power Hydrogen 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 Clean Power 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 Clean Power position
In addition to having Clean Power 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 Alcohol Thematic Idea Now
Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 40 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 Alcohol Theme or any other thematic opportunities.
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Additional Tools for Clean Stock Analysis
When running Clean Power's price analysis, check to measure Clean Power'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 Clean Power is operating at the current time. Most of Clean Power's value examination focuses on studying past and present price action to predict the probability of Clean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Power's price. Additionally, you may evaluate how the addition of Clean Power to your portfolios can decrease your overall portfolio volatility.