Schnapp Beta vs. Five Year Return
| SHNP Stock | ILA 1,159 41.00 3.42% |
For Schnapp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Schnapp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Schnapp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Schnapp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Schnapp over time as well as its relative position and ranking within its peers.
Schnapp |
Schnapp Five Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Schnapp's current stock value. Our valuation model uses many indicators to compare Schnapp value to that of its competitors to determine the firm's financial worth. Schnapp is currently regarded as top stock in beta category among related companies. It is currently regarded as top stock in five year return category among related companies reporting about 3.56 of Five Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Schnapp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Schnapp'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 Schnapp's earnings, one of the primary drivers of an investment's value.Schnapp Five Year Return vs. Beta
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.
Schnapp |
| = | 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.
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.
Schnapp |
| = | 2.89 % |
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.
Schnapp Five Year Return Comparison
Schnapp is currently under evaluation in five year return category among related companies.
Beta Analysis
As returns on the market increase, Schnapp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schnapp is expected to be smaller as well.
Schnapp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Schnapp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Schnapp will eventually generate negative long term returns. The profitability progress is the general direction of Schnapp's change in net profit over the period of time. It can combine multiple indicators of Schnapp, 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.
Works Ltd manufactures and sells batteries for vehicles in Israel and internationally. Works Ltd was incorporated in 1951 and is based in Netanya, Israel. E SCHNAPP operates under Auto Parts classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 363 people.
Schnapp Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Schnapp. 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 Schnapp 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 Schnapp's important profitability drivers and their relationship over time.
Use Schnapp 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 Schnapp 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 Schnapp will appreciate offsetting losses from the drop in the long position's value.Schnapp Pair Trading
Schnapp Pair Trading Analysis
The ability to find closely correlated positions to Schnapp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schnapp 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 Schnapp - 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 Schnapp to buy it.
The correlation of Schnapp 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 Schnapp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schnapp 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 Schnapp 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 Schnapp position
In addition to having Schnapp 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 47 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 Beers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Schnapp Stock analysis
When running Schnapp's price analysis, check to measure Schnapp'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 Schnapp is operating at the current time. Most of Schnapp's value examination focuses on studying past and present price action to predict the probability of Schnapp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnapp's price. Additionally, you may evaluate how the addition of Schnapp to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
To fully project Schnapp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Schnapp 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 Schnapp's income statement, its balance sheet, and the statement of cash flows.