HEXINDO ADIPERKASA Current Valuation vs. Z Score
| HX1A Stock | 0.26 0.00 0.00% |
For HEXINDO ADIPERKASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HEXINDO ADIPERKASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HEXINDO ADIPERKASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HEXINDO ADIPERKASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HEXINDO ADIPERKASA over time as well as its relative position and ranking within its peers.
HEXINDO |
HEXINDO ADIPERKASA Z Score vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HEXINDO ADIPERKASA's current stock value. Our valuation model uses many indicators to compare HEXINDO ADIPERKASA value to that of its competitors to determine the firm's financial worth. HEXINDO ADIPERKASA is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in z score category among its peers . The ratio of Current Valuation to Z Score for HEXINDO ADIPERKASA is about 269,130,087 . 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 HEXINDO ADIPERKASA's earnings, one of the primary drivers of an investment's value.HEXINDO Current Valuation vs. Competition
HEXINDO ADIPERKASA is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is currently estimated at about 49.98 Billion. HEXINDO ADIPERKASA maintains roughly 269.13 Million in current valuation contributing less than 1% to all equities under Other industry.
HEXINDO Z Score vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
HEXINDO ADIPERKASA |
| = | 269.13 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
HEXINDO ADIPERKASA |
| = | 1.0 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
HEXINDO Z Score Comparison
HEXINDO ADIPERKASA is currently under evaluation in z score category among its peers.
HEXINDO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HEXINDO ADIPERKASA. 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 HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA's important profitability drivers and their relationship over time.
| Current Valuation vs Price To Book | ||
| Price To Sales vs Z Score | ||
| Current Valuation vs Revenue | ||
| EBITDA vs Z Score | ||
| Current Valuation vs Net Income | ||
| Market Capitalization vs Z Score | ||
| Current Valuation vs Total Asset |
Use HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA will appreciate offsetting losses from the drop in the long position's value.HEXINDO ADIPERKASA Pair Trading
HEXINDO ADIPERKASA Pair Trading Analysis
The ability to find closely correlated positions to HEXINDO ADIPERKASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA - 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 HEXINDO ADIPERKASA to buy it.
The correlation of HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA 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 HEXINDO ADIPERKASA position
In addition to having HEXINDO ADIPERKASA 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 32 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 Precious Metals Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for HEXINDO Stock Analysis
When running HEXINDO ADIPERKASA's price analysis, check to measure HEXINDO ADIPERKASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HEXINDO ADIPERKASA is operating at the current time. Most of HEXINDO ADIPERKASA's value examination focuses on studying past and present price action to predict the probability of HEXINDO ADIPERKASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HEXINDO ADIPERKASA's price. Additionally, you may evaluate how the addition of HEXINDO ADIPERKASA to your portfolios can decrease your overall portfolio volatility.