Polight ASA Net Income vs. Number Of Employees
| PLT Stock | 2.56 0.07 2.66% |
For Polight ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Polight ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Polight ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Polight ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Polight ASA over time as well as its relative position and ranking within its peers.
Polight |
Polight ASA Number Of Employees vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Polight ASA's current stock value. Our valuation model uses many indicators to compare Polight ASA value to that of its competitors to determine the firm's financial worth. Polight ASA is considered to be number one stock in net income category among related companies. It is considered to be number one stock in number of employees category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Polight ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Polight ASA'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 Polight ASA's earnings, one of the primary drivers of an investment's value.Polight Number Of Employees 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.
Polight ASA |
| = | (53.39 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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Polight ASA |
| = | 21 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Polight Number Of Employees vs Competition
Polight ASA is considered to be number one stock in number of employees category among related companies. The total workforce of Electronic Components industry is at this time estimated at about 21,406. Polight ASA adds roughly 21.0 in number of employees claiming only tiny portion of equities under Electronic Components industry.
Polight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Polight ASA. 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 Polight ASA 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 Polight ASA's important profitability drivers and their relationship over time.
Use Polight ASA 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 Polight ASA 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 Polight ASA will appreciate offsetting losses from the drop in the long position's value.Polight ASA Pair Trading
Polight ASA Pair Trading Analysis
The ability to find closely correlated positions to Polight ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polight ASA 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 Polight ASA - 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 Polight ASA to buy it.
The correlation of Polight ASA 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 Polight ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polight ASA 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 Polight ASA 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 Polight ASA position
In addition to having Polight ASA 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 Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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 Aircraft Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Polight Stock analysis
When running Polight ASA's price analysis, check to measure Polight ASA'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 Polight ASA is operating at the current time. Most of Polight ASA's value examination focuses on studying past and present price action to predict the probability of Polight ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polight ASA's price. Additionally, you may evaluate how the addition of Polight ASA to your portfolios can decrease your overall portfolio volatility.
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To fully project Polight ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Polight ASA 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 Polight ASA's income statement, its balance sheet, and the statement of cash flows.