Yik Wo Shares Outstanding vs. Cash Per Share
YIKWFDelisted Stock | USD 0.02 0.00 0.00% |
For Yik Wo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yik Wo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yik Wo International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yik Wo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yik Wo International over time as well as its relative position and ranking within its peers.
Yik |
Yik Wo International Cash Per Share vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yik Wo's current stock value. Our valuation model uses many indicators to compare Yik Wo value to that of its competitors to determine the firm's financial worth. Yik Wo International is rated first in shares outstanding category among its peers. It is rated first in cash per share category among its peers . The ratio of Shares Outstanding to Cash Per Share for Yik Wo International is about 5,346,307,200 . 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 Yik Wo's earnings, one of the primary drivers of an investment's value.Yik Cash Per Share vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Yik Wo |
| = | 748.48 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Yik Wo |
| = | 0.14 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.
Yik Cash Per Share Comparison
Yik Wo is currently under evaluation in cash per share category among its peers.
Yik Wo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yik Wo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yik Wo will eventually generate negative long term returns. The profitability progress is the general direction of Yik Wo's change in net profit over the period of time. It can combine multiple indicators of Yik Wo, 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.
Yik Wo International Holdings Limited designs, develops, manufactures, and sells disposable plastic food storage containers and drinkwares under the JAZZIT brand name in the Peoples Republic of China and internationally. Yik Wo International Holdings Limited is a subsidiary of Prize Investment Limited. Yik Wo is traded on OTC Exchange in the United States.
Yik Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yik Wo. 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 Yik Wo 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 Yik Wo's important profitability drivers and their relationship over time.
Use Yik Wo 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 Yik Wo 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 Yik Wo will appreciate offsetting losses from the drop in the long position's value.Yik Wo Pair Trading
Yik Wo International Pair Trading Analysis
The ability to find closely correlated positions to Yik Wo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yik Wo 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 Yik Wo - 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 Yik Wo International to buy it.
The correlation of Yik Wo 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 Yik Wo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yik Wo International 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 Yik Wo 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 Yik Wo position
In addition to having Yik Wo 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 Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 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 Long/short ETFs 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 housing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Yik Pink Sheet
If you are still planning to invest in Yik Wo International 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 Yik Wo's history and understand the potential risks before investing.
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