Wave Entertainment Net Income vs. Cash per Share

WAVE Stock  THB 0.15  0.01  6.25%   
Based on Wave Entertainment's profitability indicators, Wave Entertainment Public may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Wave Entertainment's ability to earn profits and add value for shareholders.
For Wave Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wave Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wave Entertainment Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wave Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wave Entertainment Public over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Wave Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wave Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wave Entertainment'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.

Wave Entertainment Public Cash per Share vs. Net Income Fundamental Analysis

Wave Cash per Share vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Wave Entertainment

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(692.76 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Wave Entertainment

 = 
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Use Wave Entertainment 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 Wave Entertainment 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 Wave Entertainment will appreciate offsetting losses from the drop in the long position's value.

Wave Entertainment Pair Trading

Wave Entertainment Public Pair Trading Analysis

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

In addition to having Wave Entertainment 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 Obamacare Repeal Thematic Idea Now

Obamacare Repeal
Obamacare Repeal Theme
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 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 Obamacare Repeal Theme or any other thematic opportunities.
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You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Wave Entertainment's price analysis, check to measure Wave Entertainment'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 Wave Entertainment is operating at the current time. Most of Wave Entertainment's value examination focuses on studying past and present price action to predict the probability of Wave Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Entertainment's price. Additionally, you may evaluate how the addition of Wave Entertainment to your portfolios can decrease your overall portfolio volatility.
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To fully project Wave Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wave Entertainment Public 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 Wave Entertainment's income statement, its balance sheet, and the statement of cash flows.
Potential Wave Entertainment investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Wave Entertainment investors may work on each financial statement separately, they are all related. The changes in Wave Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wave Entertainment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.