Lachish Current Valuation vs. Price to Book
| LHIS Stock | ILS 2,470 9.00 0.36% |
For Lachish profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lachish to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lachish utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lachish's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lachish over time as well as its relative position and ranking within its peers.
Lachish |
Lachish Price to Book vs. Current Valuation Fundamental Analysis
Lachish Current Valuation vs. Competition
Lachish is considered the number one company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 44.76 Billion. Lachish adds roughly 45.68 Million in current valuation claiming only tiny portion of equities under Industrials industry.
Lachish Price to Book vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Lachish |
| = | 45.68 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Lachish | = | null |
Use Lachish 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 Lachish 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 Lachish will appreciate offsetting losses from the drop in the long position's value.Lachish Pair Trading
Lachish Pair Trading Analysis
The ability to find closely correlated positions to Lachish could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lachish 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 Lachish - 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 Lachish to buy it.
The correlation of Lachish 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 Lachish moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lachish 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 Lachish 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 Lachish position
In addition to having Lachish 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 Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 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 Military Industrial Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Lachish Stock analysis
When running Lachish's price analysis, check to measure Lachish'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 Lachish is operating at the current time. Most of Lachish's value examination focuses on studying past and present price action to predict the probability of Lachish's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lachish's price. Additionally, you may evaluate how the addition of Lachish to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
To fully project Lachish's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lachish 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 Lachish's income statement, its balance sheet, and the statement of cash flows.