Adidas Ag Stock Shares Outstanding
| ADS Stock | EUR 230.30 1.00 0.43% |
adidas AG fundamentals help investors to digest information that contributes to Adidas AG's financial success or failures. It also enables traders to predict the movement of Adidas Stock. The fundamental analysis module provides a way to measure Adidas AG's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Adidas AG stock.
Adidas |
adidas AG Company Shares Outstanding Analysis
Adidas AG's 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.
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.
| Competition |
Based on the latest financial disclosure, adidas AG has 0.0 of shares currently outstending. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
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Adidas Fundamentals
| Current Valuation | 24.59 B | |||
| Price To Book | 3.57 X | |||
| Price To Sales | 1.03 X | |||
| Revenue | 21.23 B | |||
| EBITDA | 3.18 B | |||
| Net Income | 2.12 B | |||
| Total Debt | 2.47 B | |||
| Cash Flow From Operations | 3.19 B | |||
| Price To Earnings To Growth | 4.95 X | |||
| Market Capitalization | 49.08 B | |||
| Total Asset | 22.14 B | |||
| Z Score | 11.4 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 22.14 B | |||
| Last Dividend Paid | 3.35 |
About Adidas AG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze adidas AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adidas AG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of adidas AG based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Adidas AG
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 Adidas AG 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 Adidas AG will appreciate offsetting losses from the drop in the long position's value.Moving together with Adidas Stock
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Moving against Adidas Stock
The ability to find closely correlated positions to Adidas AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adidas AG 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 Adidas AG - 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 adidas AG to buy it.
The correlation of Adidas AG 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 Adidas AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if adidas AG 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 Adidas AG 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.Additional Tools for Adidas Stock Analysis
When running Adidas AG's price analysis, check to measure Adidas AG'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 Adidas AG is operating at the current time. Most of Adidas AG's value examination focuses on studying past and present price action to predict the probability of Adidas AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adidas AG's price. Additionally, you may evaluate how the addition of Adidas AG to your portfolios can decrease your overall portfolio volatility.