Diodes Incorporated Stock Filter Stocks by Fundamentals
DIOD Stock | USD 70.38 2.83 4.19% |
Diodes Incorporated fundamentals help investors to digest information that contributes to Diodes Incorporated's financial success or failures. It also enables traders to predict the movement of Diodes Stock. The fundamental analysis module provides a way to measure Diodes Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Diodes Incorporated stock.
As of March 28, 2024, Price To Book Ratio is expected to decline to 1.81. Diodes | Price to Book |
Diodes Price to Book Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 670.4M | 827.2M | 658.2M | 691.1M | Total Revenue | 1.8B | 2.0B | 1.7B | 1.7B |
Diodes Price to Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Diodes Incorporated is extremely important. It helps to project a fair market value of Diodes Stock properly, considering its historical fundamentals such as Price to Book. Since Diodes Incorporated's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Diodes Incorporated's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Diodes Incorporated's interrelated accounts and indicators.
Click cells to compare fundamentals
Competition |
Diodes Price Book Value Ratio
Price Book Value Ratio |
|
Based on the latest financial disclosure, the price to book indicator of Diodes Incorporated is roughly 0.0null. This indicator is about the same for the Semiconductors & Semiconductor Equipment average (which is currently at 0.0) sector and about the same as Price to Book (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Did you try this?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
All Next | Launch Module |
Diodes Fundamentals
Return On Equity | 0.14 | ||||
Return On Asset | 0.0672 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 2.88 B | ||||
Shares Outstanding | 45.94 M | ||||
Shares Owned By Insiders | 2.70 % | ||||
Shares Owned By Institutions | 97.30 % | ||||
Number Of Shares Shorted | 1.49 M | ||||
Price To Earning | 13.95 X | ||||
Price To Book | 1.78 X | ||||
Price To Sales | 1.87 X | ||||
Revenue | 1.66 B | ||||
Gross Profit | 827.24 M | ||||
EBITDA | 250.57 M | ||||
Net Income | 230.65 M | ||||
Cash And Equivalents | 385.9 M | ||||
Cash Per Share | 8.49 X | ||||
Total Debt | 98.36 M | ||||
Debt To Equity | 0.22 % | ||||
Current Ratio | 2.50 X | ||||
Book Value Per Share | 37.89 X | ||||
Cash Flow From Operations | 280.91 M | ||||
Short Ratio | 3.96 X | ||||
Earnings Per Share | 4.91 X | ||||
Price To Earnings To Growth | 0.88 X | ||||
Target Price | 71.6 | ||||
Number Of Employees | 7.98 K | ||||
Beta | 1.46 | ||||
Market Capitalization | 3.1 B | ||||
Total Asset | 2.37 B | ||||
Retained Earnings | 1.68 B | ||||
Working Capital | 793.89 M | ||||
Current Asset | 750.55 M | ||||
Current Liabilities | 179.66 M | ||||
Z Score | 21.37 | ||||
Net Asset | 2.37 B |
About Diodes Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Diodes Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Diodes Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Diodes Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Price To Book Ratio | 2.12 | 1.81 |
Diodes Incorporated Investors Sentiment
The influence of Diodes Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diodes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Diodes Incorporated's public news can be used to forecast risks associated with an investment in Diodes. The trend in average sentiment can be used to explain how an investor holding Diodes can time the market purely based on public headlines and social activities around Diodes Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diodes Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diodes Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diodes Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diodes Incorporated.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diodes Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diodes Incorporated's short interest history, or implied volatility extrapolated from Diodes Incorporated options trading.
Pair Trading with Diodes Incorporated
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 Diodes Incorporated 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 Diodes Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with Diodes Stock
0.71 | MX | MagnaChip Semiconductor Financial Report 1st of May 2024 | PairCorr |
0.78 | NA | Nano Labs | PairCorr |
Moving against Diodes Stock
0.89 | TGAN | Transphorm Technology Financial Report 25th of June 2024 | PairCorr |
0.67 | NVDA | NVIDIA Financial Report 22nd of May 2024 | PairCorr |
0.56 | KLAC | KLA-Tencor Fiscal Quarter End 31st of March 2024 | PairCorr |
0.54 | MRVL | Marvell Technology Aggressive Push | PairCorr |
0.41 | MPWR | Monolithic Power Systems Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Diodes Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diodes Incorporated 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 Diodes Incorporated - 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 Diodes Incorporated to buy it.
The correlation of Diodes Incorporated 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 Diodes Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diodes Incorporated 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 Diodes Incorporated 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.Check out Diodes Incorporated Piotroski F Score and Diodes Incorporated Altman Z Score analysis. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Diodes Stock analysis
When running Diodes Incorporated's price analysis, check to measure Diodes Incorporated'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 Diodes Incorporated is operating at the current time. Most of Diodes Incorporated's value examination focuses on studying past and present price action to predict the probability of Diodes Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diodes Incorporated's price. Additionally, you may evaluate how the addition of Diodes Incorporated to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Diodes Incorporated's 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 Diodes Incorporated. If investors know Diodes 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 Diodes Incorporated 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 (0.72) | Earnings Share 4.91 | Revenue Per Share 36.28 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0672 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated's 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 Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated's 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 Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.