Shaniv Current Valuation vs. Price to Book

SHAN Stock  ILS 389.00  1.00  0.26%   
Based on Shaniv's profitability indicators, Shaniv may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Shaniv's ability to earn profits and add value for shareholders.
For Shaniv profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shaniv to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shaniv utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shaniv's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shaniv over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Shaniv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shaniv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shaniv's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Shaniv Price to Book vs. Current Valuation Fundamental Analysis

Shaniv Current Valuation vs. Competition

Shaniv is currently regarded number one company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about (73.3 Billion). Shaniv adds roughly 592.76 Million in current valuation claiming only tiny portion of all equities under Materials industry.

Shaniv 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.

Shaniv

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
592.76 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.

Shaniv

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Use Shaniv 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 Shaniv 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 Shaniv will appreciate offsetting losses from the drop in the long position's value.

Shaniv Pair Trading

Shaniv Pair Trading Analysis

The ability to find closely correlated positions to Shaniv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shaniv 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 Shaniv - 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 Shaniv to buy it.
The correlation of Shaniv 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 Shaniv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shaniv 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 Shaniv 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Shaniv position

In addition to having Shaniv 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 Commodities Funds Thematic Idea Now

Commodities Funds
Commodities Funds Theme
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 40 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 Commodities Funds Theme or any other thematic opportunities.
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You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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To fully project Shaniv's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shaniv 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 Shaniv's income statement, its balance sheet, and the statement of cash flows.
Potential Shaniv investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Shaniv investors may work on each financial statement separately, they are all related. The changes in Shaniv's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shaniv's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.