Nippon Telegraph Price To Book vs. Cash Per Share
NTTYYDelisted Stock | USD 29.51 0.38 1.30% |
For Nippon Telegraph profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nippon Telegraph to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nippon Telegraph and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nippon Telegraph's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nippon Telegraph and over time as well as its relative position and ranking within its peers.
Nippon |
Nippon Telegraph Cash Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nippon Telegraph's current stock value. Our valuation model uses many indicators to compare Nippon Telegraph value to that of its competitors to determine the firm's financial worth. Nippon Telegraph and is rated below average in price to book category among its peers. It is considered to be number one stock in cash per share category among its peers fabricating about 189.44 of Cash Per Share per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nippon Telegraph by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nippon Telegraph'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.Nippon Cash Per Share vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nippon Telegraph |
| = | 1.55 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Nippon Telegraph |
| = | 292.80 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Nippon Cash Per Share Comparison
Nippon Telegraph is currently under evaluation in cash per share category among its peers.
Nippon Telegraph Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nippon Telegraph, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nippon Telegraph will eventually generate negative long term returns. The profitability progress is the general direction of Nippon Telegraph's change in net profit over the period of time. It can combine multiple indicators of Nippon Telegraph, 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.
Nippon Telegraph and Telephone Corporation provides fixed voice-related, mobile voice-related, IPpacket communications, and system integration services in Japan and internationally. The company was founded in 1952 and is headquartered in Tokyo, Japan. Nippon Telegraph operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 333840 people.
Nippon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nippon Telegraph. 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 Telegraph 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 Telegraph's important profitability drivers and their relationship over time.
Use Nippon Telegraph 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 Telegraph 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 Telegraph will appreciate offsetting losses from the drop in the long position's value.Nippon Telegraph Pair Trading
Nippon Telegraph and Pair Trading Analysis
The ability to find closely correlated positions to Nippon Telegraph 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 Telegraph 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 Telegraph - 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 Telegraph and to buy it.
The correlation of Nippon Telegraph 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 Telegraph moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nippon Telegraph 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 Telegraph 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 Telegraph position
In addition to having Nippon Telegraph 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?
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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.
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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 manufacturing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Nippon Pink Sheet
If you are still planning to invest in Nippon Telegraph 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 Nippon Telegraph's history and understand the potential risks before investing.
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