Transurban Price To Book vs. Shares Owned By Institutions
| TRAUF Stock | USD 8.02 0.09 1.13% |
For Transurban profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transurban to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transurban Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transurban's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transurban Group over time as well as its relative position and ranking within its peers.
Transurban |
Transurban Group Shares Owned By Institutions vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Transurban's current stock value. Our valuation model uses many indicators to compare Transurban value to that of its competitors to determine the firm's financial worth. Transurban Group is currently regarded as top stock in price to book category among its peers. It also is currently regarded as top stock in shares owned by institutions category among its peers producing about 18.89 of Shares Owned By Institutions per Price To Book. 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 Transurban's earnings, one of the primary drivers of an investment's value.Transurban Shares Owned By Institutions vs. Price To Book
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.
Transurban |
| = | 2.92 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Transurban |
| = | 55.07 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Transurban Shares Owned By Institutions Comparison
Transurban is currently under evaluation in shares owned by institutions category among its peers.
Transurban Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Transurban, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transurban will eventually generate negative long term returns. The profitability progress is the general direction of Transurban's change in net profit over the period of time. It can combine multiple indicators of Transurban, 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.
Transurban Group develops, operates, manages, and maintains toll road networks. It operates 21 toll roads in Sydney, Melbourne, and Brisbane in Australia the Greater Washington area, the United States and Montreal, North America. Transurban operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 3600 people.
Transurban Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Transurban. 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 Transurban 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 Transurban's important profitability drivers and their relationship over time.
Use Transurban 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 Transurban 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 Transurban will appreciate offsetting losses from the drop in the long position's value.Transurban Pair Trading
Transurban Group Pair Trading Analysis
The ability to find closely correlated positions to Transurban could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transurban 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 Transurban - 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 Transurban Group to buy it.
The correlation of Transurban 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 Transurban moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transurban Group 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 Transurban 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 Transurban position
In addition to having Transurban 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 Picks Thematic Idea Now
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
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Other Information on Investing in Transurban Pink Sheet
To fully project Transurban's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Transurban Group 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 Transurban's income statement, its balance sheet, and the statement of cash flows.