China Eastern Price to Book vs. Total Debt
CEADelisted Stock | USD 19.98 0.00 0.00% |
For China Eastern profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Eastern to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Eastern Airlines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Eastern's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Eastern Airlines over time as well as its relative position and ranking within its peers.
China |
China Eastern Airlines Total Debt vs. Price to Book Fundamental Analysis
China Total Debt vs. Price to Book
China Eastern | = | null |
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
China Eastern |
| = | 132.92 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
China Total Debt vs Competition
China Eastern Airlines is the top company in total debt category among related companies. Total debt of Industrials industry is currently estimated at about 137.99 Billion. China Eastern totals roughly 132.92 Billion in total debt claiming about 96% of equities under Industrials industry.
Use China Eastern 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 China Eastern 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 China Eastern will appreciate offsetting losses from the drop in the long position's value.China Eastern Pair Trading
China Eastern Airlines Pair Trading Analysis
The ability to find closely correlated positions to China Eastern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Eastern 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 China Eastern - 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 China Eastern Airlines to buy it.
The correlation of China Eastern 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 China Eastern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Eastern Airlines 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 China Eastern 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 China Eastern position
In addition to having China Eastern 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 18 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 Consumption Theme or any other thematic opportunities.
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Check out Trending Equities 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 income. Note that the China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in China Stock
If you are still planning to invest in China Eastern Airlines 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 China Eastern's history and understand the potential risks before investing.
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