Triboron International Cash Per Share vs. Current Valuation
| TRIBO-B Stock | SEK 0.40 0.01 2.44% |
For Triboron International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Triboron International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Triboron International AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Triboron International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Triboron International AB over time as well as its relative position and ranking within its peers.
Triboron |
Triboron International Current Valuation vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Triboron International's current stock value. Our valuation model uses many indicators to compare Triboron International value to that of its competitors to determine the firm's financial worth. Triboron International AB is currently regarded as top stock in cash per share category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 44,557,228 of Current Valuation per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Triboron International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Triboron International'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.Triboron Current Valuation vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Triboron International |
| = | 0.57 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Triboron International |
| = | 25.4 M |
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.
Triboron Current Valuation vs Competition
Triboron International AB is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Chemicals industry is at this time estimated at about 2.08 Billion. Triboron International claims roughly 25.4 Million in current valuation contributing just under 2% to equities listed under Specialty Chemicals industry.
Triboron International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Triboron International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Triboron International will eventually generate negative long term returns. The profitability progress is the general direction of Triboron International's change in net profit over the period of time. It can combine multiple indicators of Triboron International, 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.
Triboron International AB operates as a green technology company in Sweden. It offers consumer and professional fuel formulas, two-stroke formula concentrates, and two-stroke injection formulas that are mixed with fuel to reduce friction, as well as improve the efficiency of the engine and emission control system under the Triboron brand name. Triboron International is traded on Stockholm Stock Exchange in Sweden.
Triboron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Triboron International. 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 Triboron International 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 Triboron International's important profitability drivers and their relationship over time.
Use Triboron International 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 Triboron International 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 Triboron International will appreciate offsetting losses from the drop in the long position's value.Triboron International Pair Trading
Triboron International AB Pair Trading Analysis
The ability to find closely correlated positions to Triboron International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triboron International 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 Triboron International - 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 Triboron International AB to buy it.
The correlation of Triboron International 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 Triboron International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triboron International 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 Triboron International 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 Triboron International position
In addition to having Triboron International 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Other Information on Investing in Triboron Stock
To fully project Triboron International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Triboron International 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 Triboron International's income statement, its balance sheet, and the statement of cash flows.