Xinjiang Goldwind Price To Book vs. Price To Sales
Based on the measurements of profitability obtained from Xinjiang Goldwind's financial statements, Xinjiang Goldwind Science may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Xinjiang Goldwind's ability to earn profits and add value for shareholders.
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 price.
Please note, there is a significant difference between Xinjiang Goldwind's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xinjiang Goldwind is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinjiang Goldwind'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 Xinjiang Goldwind profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xinjiang Goldwind to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xinjiang Goldwind Science utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xinjiang Goldwind's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xinjiang Goldwind Science over time as well as its relative position and ranking within its peers.
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Xinjiang Goldwind Science Price To Sales vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xinjiang Goldwind's current stock value. Our valuation model uses many indicators to compare Xinjiang Goldwind value to that of its competitors to determine the firm's financial worth. Xinjiang Goldwind Science is rated fifth in price to book category among its peers. It is rated first in price to sales category among its peers fabricating about 0.19 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Xinjiang Goldwind Science is roughly 5.40 . 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 Xinjiang Goldwind's earnings, one of the primary drivers of an investment's value.Xinjiang Price To Sales 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.
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| = | 0.79 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 0.15 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Xinjiang Price To Sales Comparison
Xinjiang Goldwind is currently under evaluation in price to sales category among its peers.
Xinjiang Goldwind Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xinjiang Goldwind, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xinjiang Goldwind will eventually generate negative long term returns. The profitability progress is the general direction of Xinjiang Goldwind's change in net profit over the period of time. It can combine multiple indicators of Xinjiang Goldwind, 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.
Xinjiang Goldwind Science Technology Co., Ltd., together with its subsidiaries, provides wind power solutions in China and internationally. Xinjiang Goldwind Science Technology Co., Ltd. was founded in 1998 and is based in Urumqi, China. Xinjiang Goldwind operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 10781 people.
Xinjiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xinjiang Goldwind. 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 Xinjiang Goldwind 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 Xinjiang Goldwind's important profitability drivers and their relationship over time.
Use Xinjiang Goldwind 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 Xinjiang Goldwind 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 Xinjiang Goldwind will appreciate offsetting losses from the drop in the long position's value.Xinjiang Goldwind Pair Trading
Xinjiang Goldwind Science Pair Trading Analysis
The ability to find closely correlated positions to Xinjiang Goldwind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xinjiang Goldwind 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 Xinjiang Goldwind - 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 Xinjiang Goldwind Science to buy it.
The correlation of Xinjiang Goldwind 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 Xinjiang Goldwind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xinjiang Goldwind Science 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 Xinjiang Goldwind 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 Xinjiang Goldwind position
In addition to having Xinjiang Goldwind 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?
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Other Information on Investing in Xinjiang Pink Sheet
To fully project Xinjiang Goldwind's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xinjiang Goldwind Science 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 Xinjiang Goldwind's income statement, its balance sheet, and the statement of cash flows.