Afcon Holdings Revenue vs. Beta
| AFHL Stock | ILS 9,330 89.00 0.94% |
For Afcon Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Afcon Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Afcon Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Afcon Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Afcon Holdings over time as well as its relative position and ranking within its peers.
Afcon |
Afcon Holdings Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Afcon Holdings's current stock value. Our valuation model uses many indicators to compare Afcon Holdings value to that of its competitors to determine the firm's financial worth. Afcon Holdings is the top company in revenue category among related companies. It is number one stock in beta category among related companies . The ratio of Revenue to Beta for Afcon Holdings is about 27,048,975,672 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Afcon Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Afcon Holdings' 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 Afcon Holdings' earnings, one of the primary drivers of an investment's value.Afcon Revenue vs. Competition
Afcon Holdings is the top company in revenue category among related companies. Market size based on revenue of Industrials industry is presently estimated at about 31.96 Billion. Afcon Holdings holds roughly 2.11 Billion in revenue claiming about 7% of equities under Industrials industry.
Afcon Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Afcon Holdings |
| = | 2.11 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Afcon Holdings |
| = | 0.0781 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Afcon Beta Comparison
Afcon Holdings is currently under evaluation in beta category among related companies.
Beta Analysis
As returns on the market increase, Afcon Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Afcon Holdings is expected to be smaller as well.
Afcon Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Afcon Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Afcon Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Afcon Holdings' change in net profit over the period of time. It can combine multiple indicators of Afcon Holdings, 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.
Afcon Holdings Ltd. engages in the construction and infrastructure, control and automation, trade, and communication solutions businesses in Israel and internationally. Afcon Holdings Ltd. is a subsidiary of Shlomo Car Lease Ltd. AFCON HOLDINGS operates under Electronic Components classification in Israel and is traded on Tel Aviv Stock Exchange.
Afcon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Afcon Holdings. 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 Afcon Holdings 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 Afcon Holdings' important profitability drivers and their relationship over time.
Use Afcon Holdings 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 Afcon Holdings 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 Afcon Holdings will appreciate offsetting losses from the drop in the long position's value.Afcon Holdings Pair Trading
Afcon Holdings Pair Trading Analysis
The ability to find closely correlated positions to Afcon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Afcon Holdings 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 Afcon Holdings - 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 Afcon Holdings to buy it.
The correlation of Afcon Holdings 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 Afcon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Afcon Holdings 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 Afcon Holdings 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 Afcon Holdings position
In addition to having Afcon Holdings 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 Moderate Funds Thematic Idea Now
Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 48 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 Moderate Funds Theme or any other thematic opportunities.
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When running Afcon Holdings' price analysis, check to measure Afcon Holdings' 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 Afcon Holdings is operating at the current time. Most of Afcon Holdings' value examination focuses on studying past and present price action to predict the probability of Afcon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afcon Holdings' price. Additionally, you may evaluate how the addition of Afcon Holdings to your portfolios can decrease your overall portfolio volatility.
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To fully project Afcon Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Afcon Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Afcon Holdings' income statement, its balance sheet, and the statement of cash flows.