SUNCOKE ENERGY Net Income vs. Price To Book
| S01 Stock | EUR 12.00 0.20 1.69% |
For SUNCOKE ENERGY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SUNCOKE ENERGY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SUNCOKE ENERGY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SUNCOKE ENERGY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SUNCOKE ENERGY over time as well as its relative position and ranking within its peers.
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SUNCOKE ENERGY Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SUNCOKE ENERGY's current stock value. Our valuation model uses many indicators to compare SUNCOKE ENERGY value to that of its competitors to determine the firm's financial worth. SUNCOKE ENERGY is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in price to book category among its peers . The ratio of Net Income to Price To Book for SUNCOKE ENERGY is about 83,979,651 . 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 SUNCOKE ENERGY's earnings, one of the primary drivers of an investment's value.SUNCOKE Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SUNCOKE ENERGY |
| = | 100.7 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
SUNCOKE ENERGY |
| = | 1.20 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.
SUNCOKE Price To Book Comparison
SUNCOKE ENERGY is currently under evaluation in price to book category among its peers.
SUNCOKE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SUNCOKE ENERGY. 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 SUNCOKE ENERGY 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 SUNCOKE ENERGY's important profitability drivers and their relationship over time.
Use SUNCOKE ENERGY 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 SUNCOKE ENERGY 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 SUNCOKE ENERGY will appreciate offsetting losses from the drop in the long position's value.SUNCOKE ENERGY Pair Trading
SUNCOKE ENERGY Pair Trading Analysis
The ability to find closely correlated positions to SUNCOKE ENERGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SUNCOKE ENERGY 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 SUNCOKE ENERGY - 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 SUNCOKE ENERGY to buy it.
The correlation of SUNCOKE ENERGY 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 SUNCOKE ENERGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SUNCOKE ENERGY 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 SUNCOKE ENERGY 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 SUNCOKE ENERGY position
In addition to having SUNCOKE ENERGY 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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It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
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Additional Information and Resources on Investing in SUNCOKE Stock
When determining whether SUNCOKE ENERGY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SUNCOKE ENERGY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Suncoke Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suncoke Energy Stock:Check out World Market Map. For information on how to trade SUNCOKE Stock refer to our How to Trade SUNCOKE Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
To fully project SUNCOKE ENERGY's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SUNCOKE ENERGY 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 SUNCOKE ENERGY's income statement, its balance sheet, and the statement of cash flows.