Softstar Financial Statements From 2010 to 2024
| 6111 Stock | TWD 57.80 1.20 2.03% |
Check Softstar Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Softstar Entertainment's main balance sheet or income statement drivers, such as , as well as many indicators such as . Softstar financial statements analysis is a perfect complement when working with Softstar Entertainment Valuation or Volatility modules.
Softstar |
Softstar Entertainment Company Current Valuation Analysis
Softstar Entertainment's 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.
Current Softstar Entertainment Current Valuation | 3.15 B |
Most of Softstar Entertainment's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Softstar Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Softstar Entertainment has a Current Valuation of 3.15 B. This is 89.01% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The current valuation for all Taiwan stocks is 81.03% higher than that of the company.
Softstar Entertainment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Softstar Entertainment's current stock value. Our valuation model uses many indicators to compare Softstar Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Softstar Entertainment competition to find correlations between indicators driving Softstar Entertainment's intrinsic value. More Info.Softstar Entertainment is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Softstar Entertainment is about 291.67 . 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 Softstar Entertainment's earnings, one of the primary drivers of an investment's value.About Softstar Entertainment Financial Statements
Softstar Entertainment investors use historical fundamental indicators, such as Softstar Entertainment's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Softstar Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Softstar Entertainment Inc., together with its subsidiaries, develops, licenses, and sells online games in Taiwan, Mainland China, the United States, and internationally. The company was incorporated in 1998 and is based in Taipei, Taiwan. SOFTSTAR ENTERTAINMENT is traded on Taiwan OTC Exchange in Taiwan.
Pair Trading with Softstar Entertainment
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 Softstar 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 Softstar Entertainment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Softstar 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 Softstar 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 Softstar 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 Softstar Entertainment to buy it.
The correlation of Softstar 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 Softstar Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Softstar Entertainment 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 Softstar 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.Additional Tools for Softstar Stock Analysis
When running Softstar Entertainment's price analysis, check to measure Softstar 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 Softstar Entertainment is operating at the current time. Most of Softstar Entertainment's value examination focuses on studying past and present price action to predict the probability of Softstar 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 Softstar Entertainment's price. Additionally, you may evaluate how the addition of Softstar Entertainment to your portfolios can decrease your overall portfolio volatility.