Queenco L Current Valuation vs. Beta

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

Queenco-L Beta vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Queenco L's current stock value. Our valuation model uses many indicators to compare Queenco L value to that of its competitors to determine the firm's financial worth.
Queenco-L is currently regarded number one company in current valuation category among related companies. It is currently regarded as top stock in beta category among related companies . The ratio of Current Valuation to Beta for Queenco-L is about  336,613,630 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Queenco L by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Queenco L'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 Queenco L's earnings, one of the primary drivers of an investment's value.

Queenco Current Valuation vs. Competition

Queenco-L is currently regarded number one company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 16.92 Billion. Queenco L claims roughly 272.46 Million in current valuation contributing just under 2% to stocks in Consumer Discretionary industry.

Queenco Beta vs. Current Valuation

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.
Queenco L 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
272.46 M
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.
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.
Queenco L 
Beta 
 = 
Covariance 
Variance 
0.81
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.

Queenco Beta Comparison

Queenco L is currently under evaluation in beta category among related companies.

Beta Analysis

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

Queenco L Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Queenco L, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Queenco L will eventually generate negative long term returns. The profitability progress is the general direction of Queenco L's change in net profit over the period of time. It can combine multiple indicators of Queenco L, 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.
Queenco Ltd. develops, owns, and operates entertainment centers and casinos in Greece, Cambodia, and Serbia. The company was incorporated in 1992 and is based in Bnei Brak, Israel. QUEENCO operates under Resorts Casinos classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 696 people.

Queenco Profitability Driver Comparison

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

Use Queenco L 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 Queenco L 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 Queenco L will appreciate offsetting losses from the drop in the long position's value.

Queenco L Pair Trading

Queenco-L Pair Trading Analysis

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

In addition to having Queenco L 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 Large Value Thematic Idea Now

Large Value
Large Value Theme
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value theme has 40 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 Large Value Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for Queenco Stock

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