Scape Technologies Price to Book vs. Total Debt
| SCAPE Stock | DKK 0.67 0.02 2.90% |
For Scape Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scape Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scape Technologies AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scape Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scape Technologies AS over time as well as its relative position and ranking within its peers.
Scape |
Scape Technologies Total Debt vs. Price to Book Fundamental Analysis
Scape Total Debt vs. Price to Book
Scape Technologies | = | 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.
Scape Technologies |
| = | 2.91 M |
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.
Scape Total Debt vs Competition
Scape Technologies AS is currently regarded number one company in total debt category among related companies. Total debt of Software—Application industry is at this time estimated at about 83.54 Million. Scape Technologies holds roughly 2.91 Million in total debt claiming about 3% of equities listed under Software—Application industry.
Use Scape Technologies 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 Scape Technologies 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 Scape Technologies will appreciate offsetting losses from the drop in the long position's value.Scape Technologies Pair Trading
Scape Technologies AS Pair Trading Analysis
The ability to find closely correlated positions to Scape Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scape Technologies 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 Scape Technologies - 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 Scape Technologies AS to buy it.
The correlation of Scape Technologies 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 Scape Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scape Technologies 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 Scape Technologies 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 Scape Technologies position
In addition to having Scape Technologies 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 22 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 Business Supplies Theme or any other thematic opportunities.
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Check out World Market Map. Note that the Scape Technologies information on this page should be used as a complementary analysis to other Scape Technologies' 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Scape Stock analysis
When running Scape Technologies' price analysis, check to measure Scape Technologies' 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 Scape Technologies is operating at the current time. Most of Scape Technologies' value examination focuses on studying past and present price action to predict the probability of Scape Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scape Technologies' price. Additionally, you may evaluate how the addition of Scape Technologies to your portfolios can decrease your overall portfolio volatility.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
To fully project Scape Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scape Technologies 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 Scape Technologies' income statement, its balance sheet, and the statement of cash flows.