Noble Group Current Valuation vs. Profit Margin
| NOBGFDelisted Stock | USD 0.0001 0.00 0.00% |
For Noble Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Noble Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Noble Group Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Noble Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Noble Group Limited over time as well as its relative position and ranking within its peers.
Noble |
Noble Group Limited Profit Margin vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Noble Group's current stock value. Our valuation model uses many indicators to compare Noble Group value to that of its competitors to determine the firm's financial worth. Noble Group Limited is rated top company in current valuation category among its peers. It also is considered to be number one stock in profit margin category among its peers . 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 Noble Group's earnings, one of the primary drivers of an investment's value.Noble Current Valuation vs. Competition
Noble Group Limited is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Conglomerates industry is now estimated at about 121.48 Billion. Noble Group holds roughly 2.97 Billion in current valuation claiming about 2.44% of stocks in Conglomerates industry.
Noble Profit Margin 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.
Noble Group |
| = | 2.97 B |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Noble Group |
| = | (0.44) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Noble Profit Margin Comparison
Noble Group is currently under evaluation in profit margin category among its peers.
Noble Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Noble Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Noble Group will eventually generate negative long term returns. The profitability progress is the general direction of Noble Group's change in net profit over the period of time. It can combine multiple indicators of Noble Group, 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.
Previously, the company was operated as an independent energy products and industrial raw materials supply chain manager. The company was founded in 1987 and is headquartered in London, the United Kingdom. Noble operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 500 people.
Noble Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Noble Group. 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 Noble Group 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 Noble Group's important profitability drivers and their relationship over time.
Use Noble Group 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 Noble Group 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 Noble Group will appreciate offsetting losses from the drop in the long position's value.Noble Group Pair Trading
Noble Group Limited Pair Trading Analysis
The ability to find closely correlated positions to Noble Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Noble Group 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 Noble Group - 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 Noble Group Limited to buy it.
The correlation of Noble Group 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 Noble Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Noble Group Limited 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 Noble Group 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 Noble Group position
In addition to having Noble Group 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 41 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 Long Short Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Noble Pink Sheet
If you are still planning to invest in Noble Group Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noble Group's history and understand the potential risks before investing.
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