Harvia Oyj Price To Sales vs. Gross Profit
| HARVIA Stock | 42.90 0.15 0.35% |
For Harvia Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harvia Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harvia Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harvia Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harvia Oyj over time as well as its relative position and ranking within its peers.
Harvia |
Harvia Oyj Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harvia Oyj's current stock value. Our valuation model uses many indicators to compare Harvia Oyj value to that of its competitors to determine the firm's financial worth. Harvia Oyj is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in gross profit category among its peers fabricating about 53,143,124 of Gross Profit per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Harvia Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harvia Oyj's Stock. 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.Harvia Gross Profit vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Harvia Oyj |
| = | 1.92 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Harvia Oyj |
| = | 102.26 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Harvia Gross Profit Comparison
Harvia Oyj is currently under evaluation in gross profit category among its peers.
Harvia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harvia Oyj. 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 Harvia Oyj 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 Harvia Oyj's important profitability drivers and their relationship over time.
Use Harvia Oyj 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 Harvia Oyj 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 Harvia Oyj will appreciate offsetting losses from the drop in the long position's value.Harvia Oyj Pair Trading
Harvia Oyj Pair Trading Analysis
The ability to find closely correlated positions to Harvia Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harvia Oyj 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 Harvia Oyj - 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 Harvia Oyj to buy it.
The correlation of Harvia Oyj 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 Harvia Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harvia Oyj 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 Harvia Oyj 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 Harvia Oyj position
In addition to having Harvia Oyj 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 Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
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Other Information on Investing in Harvia Stock
To fully project Harvia Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harvia Oyj 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 Harvia Oyj's income statement, its balance sheet, and the statement of cash flows.