Glory Star EBITDA vs. Return On Asset
Considering Glory Star's profitability and operating efficiency indicators, Glory Star New may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Glory Star's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Please note, there is a significant difference between Glory Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glory Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glory Star'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.
For Glory Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Glory Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Glory Star New utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Glory Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Glory Star New over time as well as its relative position and ranking within its peers.
Glory |
Glory Star New Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Glory Star's current stock value. Our valuation model uses many indicators to compare Glory Star value to that of its competitors to determine the firm's financial worth. Glory Star New is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Glory Star New is about 447,581,121 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Glory Star by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Glory Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Glory Star |
| = | 30.35 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Glory Star |
| = | 0.0678 |
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.
Glory Return On Asset Comparison
Glory Star is currently under evaluation in return on asset category among its peers.
Glory Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Glory Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Glory Star will eventually generate negative long term returns. The profitability progress is the general direction of Glory Star's change in net profit over the period of time. It can combine multiple indicators of Glory Star, 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.
Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production services in the Peoples Republic of China. Glory Star New Media Group Holdings Limited was founded in 2016 and is headquartered in Beijing, the Peoples Republic of China. Glory Star operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 162 people.
Glory Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Glory Star. 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 Glory Star 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 Glory Star's important profitability drivers and their relationship over time.
Use Glory Star 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 Glory Star 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 Glory Star will appreciate offsetting losses from the drop in the long position's value.Glory Star Pair Trading
Glory Star New Pair Trading Analysis
The ability to find closely correlated positions to Chubb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chubb 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 Chubb - 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 Chubb to buy it.
The correlation of Chubb 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 Chubb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chubb 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 Chubb 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 Glory Star position
In addition to having Glory Star 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 Obamacare Repeal Thematic Idea Now
Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 41 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 Obamacare Repeal Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Glory Stock
If you are still planning to invest in Glory Star New check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Glory Star's history and understand the potential risks before investing.
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