SHIN NIPPON Market Capitalization vs. Net Income
| YB3 Stock | EUR 9.85 0.30 3.14% |
For SHIN NIPPON profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SHIN NIPPON to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SHIN NIPPON MIOMEDI utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SHIN NIPPON's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SHIN NIPPON MIOMEDI over time as well as its relative position and ranking within its peers.
SHIN |
SHIN NIPPON MIOMEDI Net Income vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SHIN NIPPON's current stock value. Our valuation model uses many indicators to compare SHIN NIPPON value to that of its competitors to determine the firm's financial worth. SHIN NIPPON MIOMEDI is rated second in market capitalization category among its peers. It is rated first in net income category among its peers making up about 14.29 of Net Income per Market Capitalization. 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 SHIN NIPPON's earnings, one of the primary drivers of an investment's value.SHIN Market Capitalization vs. Competition
SHIN NIPPON MIOMEDI is rated second in market capitalization category among its peers. Market capitalization of Other industry is at this time estimated at about 34.28 Billion. SHIN NIPPON claims roughly 498.79 Million in market capitalization contributing just under 2% to all equities under Other industry.
SHIN Net Income vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
SHIN NIPPON |
| = | 498.79 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SHIN NIPPON |
| = | 7.13 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
SHIN Net Income Comparison
SHIN NIPPON is currently under evaluation in net income category among its peers.
SHIN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SHIN NIPPON. 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 SHIN NIPPON 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 SHIN NIPPON's important profitability drivers and their relationship over time.
Use SHIN NIPPON 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 SHIN NIPPON 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 SHIN NIPPON will appreciate offsetting losses from the drop in the long position's value.SHIN NIPPON Pair Trading
SHIN NIPPON MIOMEDI Pair Trading Analysis
The ability to find closely correlated positions to SHIN NIPPON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SHIN NIPPON 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 SHIN NIPPON - 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 SHIN NIPPON MIOMEDI to buy it.
The correlation of SHIN NIPPON 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 SHIN NIPPON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SHIN NIPPON MIOMEDI 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 SHIN NIPPON 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 SHIN NIPPON position
In addition to having SHIN NIPPON 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 220 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 Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for SHIN Stock Analysis
When running SHIN NIPPON's price analysis, check to measure SHIN NIPPON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SHIN NIPPON is operating at the current time. Most of SHIN NIPPON's value examination focuses on studying past and present price action to predict the probability of SHIN NIPPON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHIN NIPPON's price. Additionally, you may evaluate how the addition of SHIN NIPPON to your portfolios can decrease your overall portfolio volatility.