Libbey Short Ratio vs. One Year High
Based on the key profitability measurements obtained from Libbey's financial statements, Libbey Inc may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in May. Profitability indicators assess Libbey's ability to earn profits and add value for shareholders.
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 bureau of labor statistics.
Please note, there is a significant difference between Libbey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Libbey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Libbey'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.
For Libbey profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Libbey to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Libbey Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Libbey's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Libbey Inc over time as well as its relative position and ranking within its peers.
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Libbey Inc One Year High vs. Short Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Libbey's current stock value. Our valuation model uses many indicators to compare Libbey value to that of its competitors to determine the firm's financial worth. Libbey Inc is currently regarded as number one stock in short ratio category among related companies. It is currently regarded as number one stock in category among related companies generating about 1.35 of per Short Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Libbey by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Libbey's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Libbey's earnings, one of the primary drivers of an investment's value.Libbey One Year High vs. Short Ratio
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
One Year High typically refers to the highest price that a given equity instrument has reached in the last 52 weeks. In other words, it is the highest price that investors paid or were willing to pay for a given stock, fund, or ETF over the past 52 weeks of trading.
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Year High value is used as an indicator to give investors an idea of how given equity may perform over mid or longer-term horizons. The One Year High may be utilized as a naive indicator of how the value of a stock is resistant or elastic over the long term investment horizon. For example, if the price of a fund or ETF is near a new One Year High, a rational investor may interpret it as a turning point and trade the instrument away or buy additional shares.
Libbey One Year High Comparison
Libbey is currently under evaluation in one year high category among related companies.
Libbey Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Libbey, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Libbey will eventually generate negative long term returns. The profitability progress is the general direction of Libbey's change in net profit over the period of time. It can combine multiple indicators of Libbey, 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.
Libbey Inc. designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. On June 1, 2020, Libbey Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Libbey operates under Furnishings, Fixtures Appliances classification in the United States and is traded on American Stock Exchange. It employs 5872 people.
Libbey Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Libbey. 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 Libbey 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 Libbey's important profitability drivers and their relationship over time.
Use Libbey 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 Libbey 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 Libbey will appreciate offsetting losses from the drop in the long position's value.Libbey Pair Trading
Libbey Inc Pair Trading Analysis
The ability to find closely correlated positions to Cisco Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cisco Systems 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 Cisco Systems - 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 Cisco Systems to buy it.
The correlation of Cisco Systems 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 Cisco Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cisco Systems 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 Cisco Systems 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 Libbey position
In addition to having Libbey 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing 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 bureau of labor statistics. Note that the Libbey Inc information on this page should be used as a complementary analysis to other Libbey's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Libbey Stock
If you are still planning to invest in Libbey Inc 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 Libbey's history and understand the potential risks before investing.
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