Zhongan Online P Stock Fundamentals
| 1ZO Stock | 1.53 0.09 5.56% |
ZhongAn Online P fundamentals help investors to digest information that contributes to ZhongAn Online's financial success or failures. It also enables traders to predict the movement of ZhongAn Stock. The fundamental analysis module provides a way to measure ZhongAn Online'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 ZhongAn Online stock.
ZhongAn |
ZhongAn Online P Company Gross Profit Analysis
ZhongAn Online's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current ZhongAn Online Gross Profit | 2.19 B |
Most of ZhongAn Online's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ZhongAn Online P is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, ZhongAn Online P reported 2.19 B of gross profit. This is much higher than that of the sector and significantly higher than that of the Gross Profit industry. The gross profit for all Germany stocks is notably lower than that of the firm.
ZhongAn Online P Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZhongAn Online's current stock value. Our valuation model uses many indicators to compare ZhongAn Online value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZhongAn Online competition to find correlations between indicators driving ZhongAn Online's intrinsic value. More Info.ZhongAn Online P is rated below average in current valuation category among related companies. It is rated below average in price to book category among related companies . The ratio of Current Valuation to Price To Book for ZhongAn Online P is about 2,600,364,325 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ZhongAn Online by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ZhongAn Online'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 ZhongAn Online's earnings, one of the primary drivers of an investment's value.Did you try this?
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| All Next | Launch Module |
ZhongAn Fundamentals
| Current Valuation | 4.49 B | |||
| Price To Book | 1.72 X | |||
| Price To Sales | 1.20 X | |||
| Revenue | 21.94 B | |||
| Gross Profit | 2.19 B | |||
| Net Income | 1.16 B | |||
| Total Debt | 6.44 B | |||
| Cash Flow From Operations | (602.95 M) | |||
| Market Capitalization | 3.55 B | |||
| Total Asset | 51.77 B | |||
| Net Asset | 51.77 B |
About ZhongAn Online Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZhongAn Online P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZhongAn Online using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZhongAn Online P 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 ZhongAn Online
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 ZhongAn Online 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 ZhongAn Online will appreciate offsetting losses from the drop in the long position's value.Moving together with ZhongAn Stock
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Moving against ZhongAn Stock
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The ability to find closely correlated positions to ZhongAn Online could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ZhongAn Online 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 ZhongAn Online - 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 ZhongAn Online P to buy it.
The correlation of ZhongAn Online 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 ZhongAn Online moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ZhongAn Online P 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 ZhongAn Online 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZhongAn Online P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for ZhongAn Stock analysis
When running ZhongAn Online's price analysis, check to measure ZhongAn Online'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 ZhongAn Online is operating at the current time. Most of ZhongAn Online's value examination focuses on studying past and present price action to predict the probability of ZhongAn Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZhongAn Online's price. Additionally, you may evaluate how the addition of ZhongAn Online to your portfolios can decrease your overall portfolio volatility.
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