By analyzing existing basic indicators between Sina and Regal, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Regal with a short position in Sina. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Sina has an asset utilization ratio of 48.6 percent. This suggests that the company is making $0.49 for each dollar of assets. An increasing asset utilization means that Sina Corporation is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as SINA or Glacier is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
How important is SINA's Liquidity
SINA
financial leverage refers to using borrowed capital as a funding source to finance SINA Corporation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. SINA financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to SINA's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of SINA's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between SINA's total debt and its cash.
Correlation Between SINA and Glacier Bancorp
In general, Delisted Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding SINA together with similar or unrelated positions with a negative correlation. For example, you can also add Glacier Bancorp to your portfolio. If Glacier Bancorp is not perfectly correlated to SINA it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When SINA, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both SINA and Glacier Bancorp in your portfolio? Please note if you are using this as a pair-trade strategy between SINA and Glacier Bancorp, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between SINA and GBCI for more information.
Breaking it down a bit more
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Let me now go over Sina revenue. Based on the latest financial disclosure, Sina Corporation reported 2.12
B of revenue. This is 85.58% lower than that of the Communication Services sector and significantly higher than that of the
Internet Content & Information industry. The revenue for all United States stocks is 77.53% higher than that of Sina. As for Regal Entertainment we see revenue of 3.11
B, which is much higher than that of the Internet Content & Information
| Sina | 2.12 Billion |
| Sector | 0.0 |
| Regal | 3.11 Billion |
Some Sina technical indicators suggest relapse
Treynor Ratio just dropped to -1.61, may suggest upcoming price decrease. Sina Corporation currently demonstrates below-verage downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.31. However, we do advice investors to further question Sina Corporation expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Conclusion on Sina
Whereas other entities within the internet content & information industry are still a little expensive, even after the recent corrections, Sina may offer a potential longer-term growth to investors. The inconsistency in the assessment between current Sina valuation and our trade advice on Sina is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Sina.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of SINA Corporation. Please refer to our
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