EVLI PANKKI Price to Book vs. Beta

0RD4
 Stock
  

EUR 0.42  0.0045  1.08%   

For EVLI PANKKI profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVLI PANKKI to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVLI PANKKI OYJ utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVLI PANKKI's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVLI PANKKI OYJ over time as well as its relative position and ranking within its peers. Please continue to Trending Equities.
  
Please note, there is a significant difference between EVLI PANKKI's value and its price as these two are different measures arrived at by different means. Investors typically determine EVLI PANKKI value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVLI PANKKI'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.

EVLI PANKKI OYJ Beta vs. Price to Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining EVLI PANKKI's current stock value. Our valuation model uses many indicators to compare EVLI PANKKI value to that of its competitors to determine the firm's financial worth.
EVLI PANKKI OYJ is number one stock in price to book category among related companies. It is number one stock in beta category among related companies totaling about  0.39  of Beta per Price to Book. The ratio of Price to Book to Beta for EVLI PANKKI OYJ is roughly  2.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value EVLI PANKKI by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EVLI PANKKI'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 EVLI PANKKI's earnings, one of the primary drivers of an investment's value.

EVLI PANKKI Beta vs. Price to Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
EVLI PANKKI 
P/B 
 = 
MV Per Share 
BV Per Share 
1.23 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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 will be 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.
EVLI PANKKI 
Beta 
 = 
Covariance 
Variance 
0.48
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.

EVLI PANKKI Beta Comparison

EVLI PANKKI is currently under evaluation in beta category among related companies.

Beta Analysis

Let's try to break down what EVLI PANKKI's beta means in this case. As returns on the market increase, EVLI PANKKI returns are expected to increase less than the market. However, during the bear market, the loss on holding EVLI PANKKI will be expected to be smaller as well.

EVLI PANKKI Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in EVLI PANKKI, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EVLI PANKKI will eventually generate negative long term returns. The profitability progress is the general direction of EVLI PANKKI's change in net profit over the period of time. It can combine multiple indicators of EVLI PANKKI, 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.
Fellow Pankki Oyj provides various banking and financial services to personal and business consumers in Finland, Denmark, Germany, and Poland. The company offers online and mobile banking services, credit cards, consumer credit, e-commerce payment, deposits, payment services, and financial management services. It also provides personal loans purchase and sales invoices and investing products, such as business loans and business invoices. The company was incorporated in 2013 and is headquartered in Helsinki, Finland.

EVLI PANKKI Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on EVLI PANKKI. 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 EVLI PANKKI 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 EVLI PANKKI's important profitability drivers and their relationship over time.

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

EVLI PANKKI Pair Trading

EVLI PANKKI OYJ Pair Trading Analysis

The ability to find closely correlated positions to EVLI PANKKI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVLI PANKKI 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 EVLI PANKKI - 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 EVLI PANKKI OYJ to buy it.
The correlation of EVLI PANKKI is a statistical measure of how it moves in relation to other equities. 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 EVLI PANKKI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVLI PANKKI OYJ 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 EVLI PANKKI 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 EVLI PANKKI position

In addition to having EVLI PANKKI 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 Top FinTech Thematic Idea Now

Top FinTech
Top FinTech Theme
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The Top FinTech theme has 69 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 Top FinTech Theme or any other thematic opportunities.
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Please continue to Trending Equities. Note that the EVLI PANKKI OYJ information on this page should be used as a complementary analysis to other EVLI PANKKI's 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for EVLI PANKKI Stock

When running EVLI PANKKI OYJ price analysis, check to measure EVLI PANKKI'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 EVLI PANKKI is operating at the current time. Most of EVLI PANKKI's value examination focuses on studying past and present price action to predict the probability of EVLI PANKKI's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EVLI PANKKI's price. Additionally, you may evaluate how the addition of EVLI PANKKI to your portfolios can decrease your overall portfolio volatility.
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