Indian Renewable Cash Flow From Operations vs. EBITDA
| IREDA Stock | 205.16 3.25 1.56% |
For Indian Renewable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Indian Renewable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Indian Renewable Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Indian Renewable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Indian Renewable Energy over time as well as its relative position and ranking within its peers.
Indian |
Indian Renewable Energy EBITDA vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Indian Renewable's current stock value. Our valuation model uses many indicators to compare Indian Renewable value to that of its competitors to determine the firm's financial worth. Indian Renewable Energy is currently regarded as number one stock in cash flow from operations category among its peers. It also is currently regarded as number one stock in ebitda category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Indian Renewable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Indian Renewable'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.Indian EBITDA vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Indian Renewable |
| = | (111 B) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
Indian Renewable |
| = | 49.01 B |
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.
Indian EBITDA Comparison
Indian Renewable is currently under evaluation in ebitda category among its peers.
Indian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Indian Renewable. 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 Indian Renewable 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 Indian Renewable's important profitability drivers and their relationship over time.
Use Indian Renewable 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 Indian Renewable 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 Indian Renewable will appreciate offsetting losses from the drop in the long position's value.Indian Renewable Pair Trading
Indian Renewable Energy Pair Trading Analysis
The ability to find closely correlated positions to Indian Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indian Renewable 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 Indian Renewable - 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 Indian Renewable Energy to buy it.
The correlation of Indian Renewable 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 Indian Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indian Renewable Energy 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 Indian Renewable 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 Indian Renewable position
In addition to having Indian Renewable 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Indian Stock
To fully project Indian Renewable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Indian Renewable Energy 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 Indian Renewable's income statement, its balance sheet, and the statement of cash flows.