Chandra Asri Gross Profit vs. Shares Outstanding
| TPIA Stock | IDR 6,850 150.00 2.14% |
For Chandra Asri profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chandra Asri to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chandra Asri Petrochemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chandra Asri's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chandra Asri Petrochemical over time as well as its relative position and ranking within its peers.
Chandra |
Chandra Asri Petroch Shares Outstanding vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chandra Asri's current stock value. Our valuation model uses many indicators to compare Chandra Asri value to that of its competitors to determine the firm's financial worth. Chandra Asri Petrochemical is currently regarded as top stock in gross profit category among its peers. It also is currently regarded as top stock in shares outstanding category among its peers creating about 250.74 of Shares Outstanding per Gross Profit. 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 Chandra Asri's earnings, one of the primary drivers of an investment's value.Chandra Shares Outstanding vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Chandra Asri |
| = | 345.02 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Chandra Asri |
| = | 86.51 B |
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.
Chandra Shares Outstanding Comparison
Chandra Asri is currently under evaluation in shares outstanding category among its peers.
Chandra Asri Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chandra Asri, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chandra Asri will eventually generate negative long term returns. The profitability progress is the general direction of Chandra Asri's change in net profit over the period of time. It can combine multiple indicators of Chandra Asri, 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.
Chandra Asri Petrochemical Tbk, together with its subsidiaries, operates as an integrated petrochemical company in Indonesia and internationally. Chandra Asri Petrochemical Tbk is headquartered in Jakarta, Indonesia. Chandra Asri operates under Specialty Chemicals classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2240 people.
Chandra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chandra Asri. 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 Chandra Asri 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 Chandra Asri's important profitability drivers and their relationship over time.
Use Chandra Asri 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 Chandra Asri 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 Chandra Asri will appreciate offsetting losses from the drop in the long position's value.Chandra Asri Pair Trading
Chandra Asri Petrochemical Pair Trading Analysis
The ability to find closely correlated positions to Chandra Asri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chandra Asri 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 Chandra Asri - 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 Chandra Asri Petrochemical to buy it.
The correlation of Chandra Asri 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 Chandra Asri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chandra Asri Petroch 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 Chandra Asri 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 Chandra Asri position
In addition to having Chandra Asri 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 Chandra Stock
To fully project Chandra Asri's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chandra Asri Petroch 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 Chandra Asri's income statement, its balance sheet, and the statement of cash flows.