Oversea-Chinese BankingLimited Price To Sales vs. Total Debt
| 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 Total Debt vs. Price To Sales 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 considered to be number one stock in price to sales category among its peers. It also is rated top company in total debt category among its peers making up about 8,218,611,979 of Total Debt per Price To Sales. 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 Total Debt vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Oversea-Chinese BankingLimited |
| = | 3.87 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Oversea-Chinese BankingLimited |
| = | 31.82 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Oversea-Chinese Total Debt vs Competition
Oversea Chinese Banking is rated top company in total debt category among its peers. Total debt of Banks—Regional industry is now estimated at about 84.08 Billion. Oversea-Chinese BankingLimited totals roughly 31.82 Billion in total debt claiming about 38% of stocks in Banks—Regional industry.
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?
Run Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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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.