Wesure Global Current Valuation vs. Gross Profit
| WESR Stock | ILA 497.40 0.50 0.10% |
For Wesure Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wesure Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wesure Global Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wesure Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wesure Global Tech over time as well as its relative position and ranking within its peers.
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Wesure Global Tech Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wesure Global's current stock value. Our valuation model uses many indicators to compare Wesure Global value to that of its competitors to determine the firm's financial worth. Wesure Global Tech is rated below average in current valuation category among its peers. It also is rated below average in gross profit category among its peers fabricating about 0.10 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Wesure Global Tech is roughly 9.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wesure Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wesure Global'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.Wesure Current Valuation vs. Competition
Wesure Global Tech is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Insurance—Property & Casualty industry is at this time estimated at about 24.89 Billion. Wesure Global adds roughly 114.14 Million in current valuation claiming only tiny portion of equities under Insurance—Property & Casualty industry.
Wesure Gross Profit vs. Current Valuation
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.
Wesure Global |
| = | 114.14 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.
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.
Wesure Global |
| = | 11.92 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.
Wesure Gross Profit Comparison
Wesure Global is rated below average in gross profit category among its peers.
Wesure Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wesure Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wesure Global will eventually generate negative long term returns. The profitability progress is the general direction of Wesure Global's change in net profit over the period of time. It can combine multiple indicators of Wesure Global, 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.
Wesure Global Tech Ltd operates as a digital insurance company. The company was founded in 2016 and is based in Kefar Sava, Israel. WESURE GLOBAL is traded on Tel Aviv Stock Exchange in Israel.
Wesure Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wesure Global. 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 Wesure Global 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 Wesure Global's important profitability drivers and their relationship over time.
Use Wesure Global 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 Wesure Global 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 Wesure Global will appreciate offsetting losses from the drop in the long position's value.Wesure Global Pair Trading
Wesure Global Tech Pair Trading Analysis
The ability to find closely correlated positions to Wesure Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wesure Global 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 Wesure Global - 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 Wesure Global Tech to buy it.
The correlation of Wesure Global 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 Wesure Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wesure Global Tech 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 Wesure Global 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 Wesure Global position
In addition to having Wesure Global 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Other Information on Investing in Wesure Stock
To fully project Wesure Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wesure Global Tech 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 Wesure Global's income statement, its balance sheet, and the statement of cash flows.