Oversea-Chinese BankingLimited Current Valuation vs. Cash And Equivalents
| OVCHF Stock | USD 11.32 0.78 6.45% |
For Oversea-Chinese BankingLimited profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oversea-Chinese BankingLimited to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oversea Chinese Banking utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oversea-Chinese BankingLimited's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oversea Chinese Banking over time as well as its relative position and ranking within its peers.
Oversea-Chinese |
Oversea-Chinese BankingLimited Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oversea-Chinese BankingLimited's current stock value. Our valuation model uses many indicators to compare Oversea-Chinese BankingLimited value to that of its competitors to determine the firm's financial worth. Oversea Chinese Banking is rated top company in current valuation category among its peers. It also is considered to be number one stock in cash and equivalents category among its peers creating about 5.54 of Cash And Equivalents per Current Valuation. 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 Oversea-Chinese BankingLimited's earnings, one of the primary drivers of an investment's value.Oversea-Chinese Current Valuation vs. Competition
Oversea Chinese Banking is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Banks—Regional industry is now estimated at about 5.04 Billion. Oversea-Chinese BankingLimited totals roughly 13.31 Billion in current valuation claiming about 264% of stocks in Banks—Regional industry.
Oversea-Chinese Cash And Equivalents 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.
Oversea-Chinese BankingLimited |
| = | 13.31 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Oversea-Chinese BankingLimited |
| = | 73.78 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Oversea-Chinese Cash And Equivalents Comparison
Oversea Chinese is currently under evaluation in cash and equivalents category among its peers.
Oversea-Chinese BankingLimited Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oversea-Chinese BankingLimited, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oversea-Chinese BankingLimited will eventually generate negative long term returns. The profitability progress is the general direction of Oversea-Chinese BankingLimited's change in net profit over the period of time. It can combine multiple indicators of Oversea-Chinese BankingLimited, 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.
Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore. Overseas Chinese operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 30809 people.
Oversea-Chinese Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oversea-Chinese BankingLimited. 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 Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited's important profitability drivers and their relationship over time.
Use Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited will appreciate offsetting losses from the drop in the long position's value.Oversea-Chinese BankingLimited Pair Trading
Oversea Chinese Banking Pair Trading Analysis
The ability to find closely correlated positions to Oversea-Chinese BankingLimited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited - 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 Oversea Chinese Banking to buy it.
The correlation of Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited position
In addition to having Oversea-Chinese BankingLimited 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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Other Information on Investing in Oversea-Chinese Pink Sheet
To fully project Oversea-Chinese BankingLimited's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited's income statement, its balance sheet, and the statement of cash flows.