Kingtone Wirelessinfo Earnings Per Share vs. Price to Book

Considering Kingtone Wirelessinfo's profitability and operating efficiency indicators, Kingtone Wirelessinfo Solution may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Kingtone Wirelessinfo's ability to earn profits and add value for shareholders.
For Kingtone Wirelessinfo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kingtone Wirelessinfo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kingtone Wirelessinfo Solution utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kingtone Wirelessinfo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kingtone Wirelessinfo Solution over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between Kingtone Wirelessinfo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kingtone Wirelessinfo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kingtone Wirelessinfo'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.

Kingtone Wirelessinfo Price to Book vs. Earnings Per Share Fundamental Analysis

Kingtone Price to Book vs. Earnings Per Share

Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Kingtone Wirelessinfo

Earnings per Share

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Earnings

Average Shares

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(0.47) X
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Kingtone Wirelessinfo

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Use Kingtone Wirelessinfo 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 Kingtone Wirelessinfo 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 Kingtone Wirelessinfo will appreciate offsetting losses from the drop in the long position's value.

Kingtone Wirelessinfo Pair Trading

Kingtone Wirelessinfo Solution Pair Trading Analysis

The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Kingtone Wirelessinfo position

In addition to having Kingtone Wirelessinfo 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 Software Thematic Idea Now

Software
Software Theme
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 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 Software Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Kingtone Stock

If you are still planning to invest in Kingtone Wirelessinfo 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 Kingtone Wirelessinfo's history and understand the potential risks before investing.
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Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon