Gigante Salmon Profit Margin vs. Cash And Equivalents
| GIGA Stock | 8.14 0.02 0.25% |
For Gigante Salmon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gigante Salmon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gigante Salmon AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gigante Salmon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gigante Salmon AS over time as well as its relative position and ranking within its peers.
Gigante |
Gigante Salmon AS Cash And Equivalents vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gigante Salmon's current stock value. Our valuation model uses many indicators to compare Gigante Salmon value to that of its competitors to determine the firm's financial worth. Gigante Salmon AS is one of the top stocks in profit margin category among its peers. It is rated # 3 in cash and equivalents category among its peers creating about 74,787,234 of Cash And Equivalents per Profit Margin. 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 Gigante Salmon's earnings, one of the primary drivers of an investment's value.Gigante Cash And Equivalents vs. Profit Margin
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.
Gigante Salmon |
| = | 3.46 % |
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Gigante Salmon |
| = | 258.7 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Gigante Cash And Equivalents Comparison
Gigante Salmon is currently under evaluation in cash and equivalents category among its peers.
Gigante Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gigante Salmon. 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 Gigante Salmon 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 Gigante Salmon's important profitability drivers and their relationship over time.
Use Gigante Salmon 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 Gigante Salmon 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 Gigante Salmon will appreciate offsetting losses from the drop in the long position's value.Gigante Salmon Pair Trading
Gigante Salmon AS Pair Trading Analysis
The ability to find closely correlated positions to Gigante Salmon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gigante Salmon 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 Gigante Salmon - 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 Gigante Salmon AS to buy it.
The correlation of Gigante Salmon 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 Gigante Salmon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gigante Salmon AS 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 Gigante Salmon 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 Gigante Salmon position
In addition to having Gigante Salmon 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Gigante Stock
To fully project Gigante Salmon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gigante Salmon AS 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 Gigante Salmon's income statement, its balance sheet, and the statement of cash flows.