Chow Tai Current Liabilities vs. Current Valuation
| CJEWY Stock | USD 13.61 0.09 0.67% |
For Chow Tai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chow Tai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chow Tai Fook utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chow Tai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chow Tai Fook over time as well as its relative position and ranking within its peers.
Chow |
Chow Tai Fook Current Valuation vs. Current Liabilities Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chow Tai's current stock value. Our valuation model uses many indicators to compare Chow Tai value to that of its competitors to determine the firm's financial worth. Chow Tai Fook is number one stock in current liabilities category among related companies. It is rated below average in current valuation category among related companies reporting about 1.13 of Current Valuation per Current Liabilities. Comparative valuation analysis is a catch-all model that can be used if you cannot value Chow Tai by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chow Tai's Pink Sheet. 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 Chow Tai's earnings, one of the primary drivers of an investment's value.Chow Current Valuation vs. Current Liabilities
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Chow Tai |
| = | 18.89 B |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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.
Chow Tai |
| = | 21.41 B |
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.
Chow Current Valuation vs Competition
Chow Tai Fook is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Luxury Goods industry is currently estimated at about 956.66 Billion. Chow Tai holds roughly 21.41 Billion in current valuation claiming about 2.24% of all equities under Luxury Goods industry.
Chow Tai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chow Tai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chow Tai will eventually generate negative long term returns. The profitability progress is the general direction of Chow Tai's change in net profit over the period of time. It can combine multiple indicators of Chow Tai, 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.
Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. Chow Tai Fook Jewellery Group Limited is a subsidiary of Chow Tai Fook Capital Limited. Chow Tai operates under Luxury Goods classification in the United States and is traded on OTC Exchange. It employs 28400 people.
Chow Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chow Tai. 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 Chow Tai 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 Chow Tai's important profitability drivers and their relationship over time.
Use Chow Tai 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 Chow Tai 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 Chow Tai will appreciate offsetting losses from the drop in the long position's value.Chow Tai Pair Trading
Chow Tai Fook Pair Trading Analysis
The ability to find closely correlated positions to Chow Tai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chow Tai 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 Chow Tai - 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 Chow Tai Fook to buy it.
The correlation of Chow Tai 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 Chow Tai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chow Tai Fook 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 Chow Tai 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 Chow Tai position
In addition to having Chow Tai 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 Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 43 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 Data Storage Theme or any other thematic opportunities.
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When running Chow Tai's price analysis, check to measure Chow Tai'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 Chow Tai is operating at the current time. Most of Chow Tai's value examination focuses on studying past and present price action to predict the probability of Chow Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chow Tai's price. Additionally, you may evaluate how the addition of Chow Tai to your portfolios can decrease your overall portfolio volatility.
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To fully project Chow Tai's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chow Tai Fook 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 Chow Tai's income statement, its balance sheet, and the statement of cash flows.