OCBC Gross Profit vs. Cash Flow From Operations
| OCBA Stock | 11.57 0.23 2.03% |
For OCBC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OCBC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OCBC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OCBC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OCBC over time as well as its relative position and ranking within its peers.
OCBC |
OCBC Cash Flow From Operations vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OCBC's current stock value. Our valuation model uses many indicators to compare OCBC value to that of its competitors to determine the firm's financial worth. OCBC is considered to be number one stock in gross profit category among its peers. It also is considered to be number one stock in cash flow from operations category among its peers making about 1.59 of Cash Flow From Operations per Gross Profit. 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 OCBC's earnings, one of the primary drivers of an investment's value.OCBC Cash Flow From Operations vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
OCBC |
| = | 8.96 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
OCBC |
| = | 14.28 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.
OCBC Cash Flow From Operations Comparison
OCBC is currently under evaluation in cash flow from operations category among its peers.
OCBC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OCBC. 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 OCBC 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 OCBC's important profitability drivers and their relationship over time.
Use OCBC 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 OCBC 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 OCBC will appreciate offsetting losses from the drop in the long position's value.OCBC Pair Trading
OCBC Pair Trading Analysis
The ability to find closely correlated positions to OCBC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OCBC 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 OCBC - 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 OCBC to buy it.
The correlation of OCBC 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 OCBC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OCBC 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 OCBC 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 OCBC position
In addition to having OCBC 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 Small Cap ETFs Thematic Idea Now
Small Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 167 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 Small Cap ETFs Theme or any other thematic opportunities.
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Additional Tools for OCBC Stock Analysis
When running OCBC's price analysis, check to measure OCBC'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 OCBC is operating at the current time. Most of OCBC's value examination focuses on studying past and present price action to predict the probability of OCBC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OCBC's price. Additionally, you may evaluate how the addition of OCBC to your portfolios can decrease your overall portfolio volatility.