Yggdrazil Group Shares Owned By Institutions vs. Price To Sales
| YGG Stock | THB 0.57 0.01 1.72% |
For Yggdrazil Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yggdrazil Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yggdrazil Group Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yggdrazil Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yggdrazil Group Public over time as well as its relative position and ranking within its peers.
Yggdrazil |
Yggdrazil Group Public Price To Sales vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yggdrazil Group's current stock value. Our valuation model uses many indicators to compare Yggdrazil Group value to that of its competitors to determine the firm's financial worth. Yggdrazil Group Public is rated first in shares owned by institutions category among its peers. It is rated first in price to sales category among its peers fabricating about 11.93 of Price To Sales per Shares Owned By Institutions. 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 Yggdrazil Group's earnings, one of the primary drivers of an investment's value.Yggdrazil Price To Sales vs. Shares Owned By Institutions
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.
Yggdrazil Group |
| = | 1.47 % |
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.
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.
Yggdrazil Group |
| = | 17.54 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.
Yggdrazil Price To Sales Comparison
Yggdrazil Group is currently under evaluation in price to sales category among its peers.
Yggdrazil Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yggdrazil Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yggdrazil Group will eventually generate negative long term returns. The profitability progress is the general direction of Yggdrazil Group's change in net profit over the period of time. It can combine multiple indicators of Yggdrazil Group, 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.
Yggdrazil Group Public Company Limited provides visual effect, animation, and VR studio services. The company was founded in 2006 and is based in Bangkok, Thailand. YGGDRAZIL GROUP operates under Entertainment classification in Thailand and is traded on Stock Exchange of Thailand.
Yggdrazil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yggdrazil Group. 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 Yggdrazil Group 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 Yggdrazil Group's important profitability drivers and their relationship over time.
Use Yggdrazil Group 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 Yggdrazil Group 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 Yggdrazil Group will appreciate offsetting losses from the drop in the long position's value.Yggdrazil Group Pair Trading
Yggdrazil Group Public Pair Trading Analysis
The ability to find closely correlated positions to Yggdrazil Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yggdrazil Group 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 Yggdrazil Group - 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 Yggdrazil Group Public to buy it.
The correlation of Yggdrazil Group 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 Yggdrazil Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yggdrazil Group Public 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 Yggdrazil Group 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 Yggdrazil Group position
In addition to having Yggdrazil Group 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 Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 93 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 Target Outcome ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Yggdrazil Stock
To fully project Yggdrazil Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yggdrazil Group Public 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 Yggdrazil Group's income statement, its balance sheet, and the statement of cash flows.