Weichai Power Cash Per Share vs. Current Valuation
| WEICYDelisted Stock | USD 11.26 0.16 1.40% |
For Weichai Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Weichai Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Weichai Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Weichai Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Weichai Power over time as well as its relative position and ranking within its peers.
Weichai |
Weichai Power Current Valuation vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Weichai Power's current stock value. Our valuation model uses many indicators to compare Weichai Power value to that of its competitors to determine the firm's financial worth. Weichai Power is rated first in cash per share category among its peers. It is rated first in current valuation category among its peers reporting about 103,697,302 of Current Valuation per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Weichai Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Weichai Power's Pink Sheet. 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.Weichai 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.
Weichai Power |
| = | 77.13 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.
Weichai Power |
| = | 8 B |
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.
Weichai Current Valuation vs Competition
Weichai Power is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Industrial Machinery industry is at this time estimated at about 559.85 Billion. Weichai Power claims roughly 8 Billion in current valuation contributing just under 2% to equities listed under Specialty Industrial Machinery industry.
Weichai Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Weichai Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Weichai Power will eventually generate negative long term returns. The profitability progress is the general direction of Weichai Power's change in net profit over the period of time. It can combine multiple indicators of Weichai Power, 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.
Weichai Power Co., Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. Weichai Power Co., Ltd. was incorporated in 2002 and is headquartered in Weifang, the Peoples Republic of China. Weichai Power operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 88118 people.
Weichai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Weichai Power. 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 Weichai Power 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 Weichai Power's important profitability drivers and their relationship over time.
Use Weichai Power 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 Weichai Power 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 Weichai Power will appreciate offsetting losses from the drop in the long position's value.Weichai Power Pair Trading
Weichai Power Pair Trading Analysis
The ability to find closely correlated positions to Weichai Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Weichai Power 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 Weichai Power - 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 Weichai Power to buy it.
The correlation of Weichai Power 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 Weichai Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Weichai Power 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 Weichai Power 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 Weichai Power position
In addition to having Weichai Power 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 15 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 Convertibles Funds Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Weichai Pink Sheet
If you are still planning to invest in Weichai Power check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Weichai Power's history and understand the potential risks before investing.
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