Shufersal Shares Outstanding vs. Cash And Equivalents
| SAE Stock | ILS 3,642 71.00 1.99% |
For Shufersal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shufersal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shufersal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shufersal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shufersal over time as well as its relative position and ranking within its peers.
Shufersal |
Shufersal Cash And Equivalents vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shufersal's current stock value. Our valuation model uses many indicators to compare Shufersal value to that of its competitors to determine the firm's financial worth. Shufersal is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in cash and equivalents category among its peers creating about 2.81 of Cash And Equivalents per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shufersal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shufersal's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Shufersal Cash And Equivalents vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Shufersal |
| = | 265.66 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Shufersal |
| = | 746 M |
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).
Shufersal Cash And Equivalents Comparison
Shufersal is currently under evaluation in cash and equivalents category among its peers.
Shufersal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shufersal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shufersal will eventually generate negative long term returns. The profitability progress is the general direction of Shufersal's change in net profit over the period of time. It can combine multiple indicators of Shufersal, 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.
The company operates through four segments Retail, Real Estate, Credit Card Customers Club Management, and New Pharm. The company was founded in 1958 and is based in Rishon-Le-Zion, Israel. SHUFERSAL LTD is traded on Tel Aviv Stock Exchange in Israel.
Shufersal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shufersal. 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 Shufersal 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 Shufersal's important profitability drivers and their relationship over time.
Use Shufersal 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 Shufersal 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 Shufersal will appreciate offsetting losses from the drop in the long position's value.Shufersal Pair Trading
Shufersal Pair Trading Analysis
The ability to find closely correlated positions to Shufersal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shufersal 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 Shufersal - 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 Shufersal to buy it.
The correlation of Shufersal 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 Shufersal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shufersal 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 Shufersal 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 Shufersal position
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Other Information on Investing in Shufersal Stock
To fully project Shufersal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shufersal 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 Shufersal's income statement, its balance sheet, and the statement of cash flows.