Industrial Commercial Return On Equity vs. Price To Earning
| IDCBY Stock | USD 11.71 0.12 1.01% |
For Industrial Commercial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Industrial Commercial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Industrial Commercial Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Industrial Commercial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Industrial Commercial Bank over time as well as its relative position and ranking within its peers.
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Industrial Commercial Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Industrial Commercial's current stock value. Our valuation model uses many indicators to compare Industrial Commercial value to that of its competitors to determine the firm's financial worth. Industrial Commercial Bank is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in price to earning category among its peers reporting about 34.03 of Price To Earning per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Industrial Commercial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Industrial Commercial'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.Industrial Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Industrial Commercial |
| = | 0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Industrial Commercial |
| = | 3.75 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Industrial Price To Earning Comparison
Industrial Commercial is currently under evaluation in price to earning category among its peers.
Industrial Commercial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Industrial Commercial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Industrial Commercial will eventually generate negative long term returns. The profitability progress is the general direction of Industrial Commercial's change in net profit over the period of time. It can combine multiple indicators of Industrial Commercial, 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.
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the Peoples Republic of China and internationally. The company was founded in 1984 and is based in Beijing, the Peoples Republic of China. Industrial operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 425000 people.
Industrial Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Industrial Commercial. 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 Industrial Commercial 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 Industrial Commercial's important profitability drivers and their relationship over time.
Use Industrial Commercial 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 Industrial Commercial 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 Industrial Commercial will appreciate offsetting losses from the drop in the long position's value.Industrial Commercial Pair Trading
Industrial Commercial Bank Pair Trading Analysis
The ability to find closely correlated positions to Industrial Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Industrial Commercial 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 Industrial Commercial - 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 Industrial Commercial Bank to buy it.
The correlation of Industrial Commercial 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 Industrial Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Industrial Commercial 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 Industrial Commercial 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 Industrial Commercial position
In addition to having Industrial Commercial 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Additional Tools for Industrial Pink Sheet Analysis
When running Industrial Commercial's price analysis, check to measure Industrial Commercial'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 Industrial Commercial is operating at the current time. Most of Industrial Commercial's value examination focuses on studying past and present price action to predict the probability of Industrial Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Commercial's price. Additionally, you may evaluate how the addition of Industrial Commercial to your portfolios can decrease your overall portfolio volatility.