TTM Technologies Cash and Equivalents vs. Number of Employees
| TTMI Stock | USD 14.11 0.05 0.35% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.16 | 0.1633 |
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For TTM Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TTM Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TTM Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TTM Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TTM Technologies over time as well as its relative position and ranking within its peers.
TTM |
Is TTM Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TTM Technologies. If investors know TTM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TTM Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.852 | Earnings Share (0.18) | Revenue Per Share 21.729 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0209 |
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' 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.
TTM Technologies Number of Employees vs. Cash and Equivalents Fundamental Analysis
TTM Number of Employees vs. Cash and Equivalents
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Use TTM 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 TTM 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 TTM Technologies will appreciate offsetting losses from the drop in the long position's value.TTM Technologies Pair Trading
TTM Technologies Pair Trading Analysis
The ability to find closely correlated positions to TTM 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 TTM 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 TTM 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 TTM Technologies to buy it.
The correlation of TTM 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 TTM Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TTM 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 TTM 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 TTM Technologies position
In addition to having TTM 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 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 Long Short Funds Theme or any other thematic opportunities.
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Check out World Market Map. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for TTM Stock analysis
When running TTM Technologies' price analysis, check to measure TTM 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 TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
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To fully project TTM Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TTM 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 TTM Technologies' income statement, its balance sheet, and the statement of cash flows.