Epiroc Ab Stock Filter Stocks by Fundamentals
| EPOKY Stock | USD 19.53 0.40 2.01% |
Epiroc AB fundamentals help investors to digest information that contributes to Epiroc AB's financial success or failures. It also enables traders to predict the movement of Epiroc Pink Sheet. The fundamental analysis module provides a way to measure Epiroc AB'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 Epiroc AB pink sheet.
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Epiroc Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.17 % | |||
| Current Valuation | 22.36 B | |||
| Shares Outstanding | 1.21 B | |||
| Shares Owned By Institutions | 0.04 % | |||
| Price To Earning | 41.21 X | |||
| Price To Book | 7.73 X | |||
| Price To Sales | 5.24 X | |||
| Revenue | 39.65 B | |||
| Gross Profit | 19.02 B | |||
| EBITDA | 10.84 B | |||
| Net Income | 7.06 B | |||
| Cash And Equivalents | 560.52 M | |||
| Cash Per Share | 0.47 X | |||
| Total Debt | 7.03 B | |||
| Debt To Equity | 0.34 % | |||
| Current Ratio | 2.32 X | |||
| Book Value Per Share | 1.63 X | |||
| Cash Flow From Operations | 7.61 B | |||
| Earnings Per Share | 0.64 X | |||
| Price To Earnings To Growth | 3.30 X | |||
| Target Price | 137.82 | |||
| Number Of Employees | 17 K | |||
| Beta | 0.93 | |||
| Market Capitalization | 23.87 B | |||
| Total Asset | 48.58 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 48.58 B |
About Epiroc AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Epiroc AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Epiroc AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Epiroc AB 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 Epiroc AB
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 Epiroc AB 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 Epiroc AB will appreciate offsetting losses from the drop in the long position's value.Moving together with Epiroc Pink Sheet
| 0.76 | CAT | Caterpillar Report 25th of April 2024 | PairCorr |
| 0.75 | PCAR | PACCAR Inc Sell-off Trend | PairCorr |
| 0.81 | VLVLY | Volvo AB ADR Earnings Call Tomorrow | PairCorr |
| 0.8 | VOLVF | Volvo AB ser Earnings Call Tomorrow | PairCorr |
Moving against Epiroc Pink Sheet
| 0.77 | ELGL | Element Global | PairCorr |
The ability to find closely correlated positions to Epiroc AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Epiroc AB 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 Epiroc AB - 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 Epiroc AB to buy it.
The correlation of Epiroc AB 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 Epiroc AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epiroc AB 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 Epiroc AB 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epiroc AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Epiroc Pink Sheet analysis
When running Epiroc AB's price analysis, check to measure Epiroc AB'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 Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.
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