Kering SA Current Valuation vs. Market Capitalization
| PPX Stock | EUR 221.30 1.85 0.83% |
For Kering SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kering SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kering SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kering SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kering SA over time as well as its relative position and ranking within its peers.
Kering |
Kering SA Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kering SA's current stock value. Our valuation model uses many indicators to compare Kering SA value to that of its competitors to determine the firm's financial worth. Kering SA is rated top company in current valuation category among its peers. It also is considered to be number one stock in market capitalization category among its peers creating about 1.25 of Market Capitalization 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 Kering SA's earnings, one of the primary drivers of an investment's value.Kering Current Valuation vs. Competition
Kering SA is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is at this time estimated at about 146.57 Billion. Kering SA totals roughly 69.76 Billion in current valuation claiming about 48% of all equities under Other industry.
Kering Market Capitalization 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.
Kering SA |
| = | 69.76 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Kering SA |
| = | 86.91 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Kering Market Capitalization vs Competition
Kering SA is considered to be number one stock in market capitalization category among its peers. Market capitalization of Other industry is at this time estimated at about 163.96 Billion. Kering SA totals roughly 86.91 Billion in market capitalization claiming about 53% of all equities under Other industry.
Kering Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kering SA. 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 Kering SA 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 Kering SA's important profitability drivers and their relationship over time.
Use Kering SA 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 Kering SA 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 Kering SA will appreciate offsetting losses from the drop in the long position's value.Kering SA Pair Trading
Kering SA Pair Trading Analysis
The ability to find closely correlated positions to Kering SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kering SA 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 Kering SA - 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 Kering SA to buy it.
The correlation of Kering SA 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 Kering SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kering SA 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 Kering SA 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 Kering SA position
In addition to having Kering SA 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 Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Additional Tools for Kering Stock Analysis
When running Kering SA's price analysis, check to measure Kering SA'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 Kering SA is operating at the current time. Most of Kering SA's value examination focuses on studying past and present price action to predict the probability of Kering SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kering SA's price. Additionally, you may evaluate how the addition of Kering SA to your portfolios can decrease your overall portfolio volatility.