Genco Shipping Price To Book vs. Net Income
| GNU1 Stock | EUR 14.12 0.53 3.62% |
For Genco Shipping profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Genco Shipping to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Genco Shipping Trading utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Genco Shipping's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Genco Shipping Trading over time as well as its relative position and ranking within its peers.
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Genco Shipping Trading Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Genco Shipping's current stock value. Our valuation model uses many indicators to compare Genco Shipping value to that of its competitors to determine the firm's financial worth. Genco Shipping Trading is one of the top stocks in price to book category among its peers. It also is one of the top stocks in net income category among its peers . 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 Genco Shipping's earnings, one of the primary drivers of an investment's value.Genco Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 0.60 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
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| = | (103.24 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Genco Net Income Comparison
Genco Shipping is currently under evaluation in net income category among its peers.
Genco Shipping Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Genco Shipping, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Genco Shipping will eventually generate negative long term returns. The profitability progress is the general direction of Genco Shipping's change in net profit over the period of time. It can combine multiple indicators of Genco Shipping, 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.
Genco Shipping Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Genco Shipping Trading Limited was incorporated in 2004 and is headquartered in New York, New York. GENCO SHIP operates under Marine Shipping classification in Germany and is traded on Frankfurt Stock Exchange. It employs 960 people.
Genco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Genco Shipping. 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 Genco Shipping 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 Genco Shipping's important profitability drivers and their relationship over time.
Use Genco Shipping 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 Genco Shipping 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 Genco Shipping will appreciate offsetting losses from the drop in the long position's value.Genco Shipping Pair Trading
Genco Shipping Trading Pair Trading Analysis
The ability to find closely correlated positions to Genco Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genco Shipping 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 Genco Shipping - 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 Genco Shipping Trading to buy it.
The correlation of Genco Shipping 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 Genco Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genco Shipping Trading 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 Genco Shipping 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 Genco Shipping position
In addition to having Genco Shipping 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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A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
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Additional Information and Resources on Investing in Genco Stock
When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:Check out Risk vs Return Analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project Genco Shipping's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Genco Shipping Trading 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 Genco Shipping's income statement, its balance sheet, and the statement of cash flows.