Nippon Light Net Income vs. Revenue
| N9L Stock | EUR 9.40 0.10 1.08% |
For Nippon Light profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nippon Light to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nippon Light Metal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nippon Light's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nippon Light Metal over time as well as its relative position and ranking within its peers.
Nippon |
Nippon Light Metal Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nippon Light's current stock value. Our valuation model uses many indicators to compare Nippon Light value to that of its competitors to determine the firm's financial worth. Nippon Light Metal is considered to be number one stock in net income category among its peers. It also is rated top company in revenue category among its peers totaling about 29.03 of Revenue per Net Income. 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 Nippon Light's earnings, one of the primary drivers of an investment's value.Nippon Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nippon Light |
| = | 16.76 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nippon Light |
| = | 486.58 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Nippon Revenue vs Competition
Nippon Light Metal is rated top company in revenue category among its peers. Market size based on revenue of Other industry is now estimated at about 536.34 Billion. Nippon Light totals roughly 486.58 Billion in revenue claiming about 91% of all equities under Other industry.
Nippon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nippon Light. 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 Nippon Light 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 Nippon Light's important profitability drivers and their relationship over time.
Use Nippon Light 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 Nippon Light 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 Nippon Light will appreciate offsetting losses from the drop in the long position's value.Nippon Light Pair Trading
Nippon Light Metal Pair Trading Analysis
The ability to find closely correlated positions to Nippon Light could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nippon Light 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 Nippon Light - 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 Nippon Light Metal to buy it.
The correlation of Nippon Light 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 Nippon Light moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nippon Light Metal 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 Nippon Light 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 Nippon Light position
In addition to having Nippon Light 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 Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Other Information on Investing in Nippon Stock
To fully project Nippon Light's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nippon Light Metal 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 Nippon Light's income statement, its balance sheet, and the statement of cash flows.