Nokian Renkaat Profit Margin vs. Shares Owned By Institutions
Based on Nokian Renkaat's profitability indicators, Nokian Renkaat Oyj may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Nokian Renkaat's ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between Nokian Renkaat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokian Renkaat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokian Renkaat's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Nokian Renkaat profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nokian Renkaat to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nokian Renkaat Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nokian Renkaat's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nokian Renkaat Oyj over time as well as its relative position and ranking within its peers.
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Nokian Renkaat Oyj Shares Owned By Institutions vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nokian Renkaat's current stock value. Our valuation model uses many indicators to compare Nokian Renkaat value to that of its competitors to determine the firm's financial worth. Nokian Renkaat Oyj is currently regarded as top stock in profit margin category among its peers. It also is currently regarded as top stock in shares owned by institutions category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nokian Renkaat by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nokian Renkaat'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.Nokian Shares Owned By Institutions vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | (0.1) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Nokian Renkaat |
| = | 52.07 % |
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.
Nokian Shares Owned By Institutions Comparison
Nokian Renkaat is currently under evaluation in shares owned by institutions category among its peers.
Nokian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nokian Renkaat. 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 Nokian Renkaat 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 Nokian Renkaat's important profitability drivers and their relationship over time.
Use Nokian Renkaat 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 Nokian Renkaat 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 Nokian Renkaat will appreciate offsetting losses from the drop in the long position's value.Nokian Renkaat Pair Trading
Nokian Renkaat Oyj Pair Trading Analysis
The ability to find closely correlated positions to Nokian Renkaat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nokian Renkaat 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 Nokian Renkaat - 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 Nokian Renkaat Oyj to buy it.
The correlation of Nokian Renkaat 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 Nokian Renkaat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nokian Renkaat Oyj 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 Nokian Renkaat 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 Nokian Renkaat position
In addition to having Nokian Renkaat 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Nokian Stock
To fully project Nokian Renkaat's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nokian Renkaat Oyj 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 Nokian Renkaat's income statement, its balance sheet, and the statement of cash flows.