Hamat Five Year Return vs. Beta
| HAMAT Stock | ILS 1,299 19.00 1.44% |
For Hamat profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hamat to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hamat Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hamat's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hamat Group over time as well as its relative position and ranking within its peers.
Hamat |
Hamat Group Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hamat's current stock value. Our valuation model uses many indicators to compare Hamat value to that of its competitors to determine the firm's financial worth. Hamat Group is one of the top stocks in five year return category among related companies. It is one of the top stocks in beta category among related companies totaling about 0.09 of Beta per Five Year Return. The ratio of Five Year Return to Beta for Hamat Group is roughly 10.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hamat by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hamat'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 Hamat's earnings, one of the primary drivers of an investment's value.Hamat Beta vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Hamat |
| = | 8.92 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.
Hamat |
| = | 0.81 |
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.
Hamat Beta Comparison
Hamat is currently under evaluation in beta category among related companies.
Beta Analysis
As returns on the market increase, Hamat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamat is expected to be smaller as well.
Hamat Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hamat, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hamat will eventually generate negative long term returns. The profitability progress is the general direction of Hamat's change in net profit over the period of time. It can combine multiple indicators of Hamat, 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.
Hamat Group Ltd. manufactures, markets, and exports bathroom and kitchen products in Israel and internationally. The company was founded in 1951 and is based in Ashdod, Israel. HAMAT GROUP is traded on Tel Aviv Stock Exchange in Israel.
Hamat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hamat. 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 Hamat 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 Hamat's important profitability drivers and their relationship over time.
Use Hamat 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 Hamat 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 Hamat will appreciate offsetting losses from the drop in the long position's value.Hamat Pair Trading
Hamat Group Pair Trading Analysis
The ability to find closely correlated positions to Hamat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hamat 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 Hamat - 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 Hamat Group to buy it.
The correlation of Hamat 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 Hamat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hamat Group 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 Hamat 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 Hamat position
In addition to having Hamat 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?
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Copper
Companies involved in production of copper. The Copper theme has 41 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 Copper Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Hamat Stock analysis
When running Hamat's price analysis, check to measure Hamat'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 Hamat is operating at the current time. Most of Hamat's value examination focuses on studying past and present price action to predict the probability of Hamat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamat's price. Additionally, you may evaluate how the addition of Hamat to your portfolios can decrease your overall portfolio volatility.
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To fully project Hamat's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hamat Group 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 Hamat's income statement, its balance sheet, and the statement of cash flows.