Hong Yuan Book Value Per Share vs. Short Ratio
| HGYN Stock | USD 0.05 0 2.46% |
For Hong Yuan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hong Yuan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hong Yuan Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hong Yuan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hong Yuan Holding over time as well as its relative position and ranking within its peers.
Hong |
Hong Yuan Holding Short Ratio vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hong Yuan's current stock value. Our valuation model uses many indicators to compare Hong Yuan value to that of its competitors to determine the firm's financial worth. Hong Yuan Holding is rated # 2 in book value per share category among its peers. It is one of the top stocks in short ratio category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hong Yuan by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hong Yuan's Pink Sheet. 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.Hong Short Ratio 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.
Hong Yuan |
| = | (0) 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Hong Yuan |
| = | 0.14 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Hong Yuan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hong Yuan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hong Yuan will eventually generate negative long term returns. The profitability progress is the general direction of Hong Yuan's change in net profit over the period of time. It can combine multiple indicators of Hong Yuan, 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.
Hong Yuan Holding Group does not have significant operations. Hong Yuan Holding Group was incorporated in 2001 and is based in Zhengzhou, China. Hong Yuan is traded on OTC Exchange in the United States.
Hong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hong Yuan. 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 Hong Yuan 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 Hong Yuan's important profitability drivers and their relationship over time.
Use Hong Yuan 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 Hong Yuan 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 Hong Yuan will appreciate offsetting losses from the drop in the long position's value.Hong Yuan Pair Trading
Hong Yuan Holding Pair Trading Analysis
The ability to find closely correlated positions to Hong Yuan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hong Yuan 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 Hong Yuan - 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 Hong Yuan Holding to buy it.
The correlation of Hong Yuan 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 Hong Yuan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hong Yuan Holding 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 Hong Yuan 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 Hong Yuan position
In addition to having Hong Yuan 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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Other Information on Investing in Hong Pink Sheet
To fully project Hong Yuan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hong Yuan Holding 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 Hong Yuan's income statement, its balance sheet, and the statement of cash flows.