Adevinta Asa Stock Return On Equity
| ADE Stock | NOK 113.90 0.30 0.26% |
Adevinta ASA fundamentals help investors to digest information that contributes to Adevinta ASA's financial success or failures. It also enables traders to predict the movement of Adevinta Stock. The fundamental analysis module provides a way to measure Adevinta ASA'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 Adevinta ASA stock.
Adevinta |
Adevinta ASA Company Return On Equity Analysis
Adevinta ASA's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Adevinta ASA Return On Equity | 0.0056 |
Most of Adevinta ASA's fundamental indicators, such as Return On Equity, 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, Adevinta ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Adevinta ASA has a Return On Equity of 0.0056. This is 99.95% lower than that of the Communication Services sector and significantly higher than that of the Internet Content & Information industry. The return on equity for all Norway stocks is 101.81% lower than that of the firm.
Adevinta Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adevinta ASA's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adevinta ASA could also be used in its relative valuation, which is a method of valuing Adevinta ASA by comparing valuation metrics of similar companies.Adevinta ASA is currently under evaluation in return on equity category among related companies.
Adevinta Fundamentals
| Return On Equity | 0.0056 | |||
| Return On Asset | 0.0097 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 107.65 B | |||
| Shares Outstanding | 1.16 B | |||
| Shares Owned By Insiders | 81.34 % | |||
| Shares Owned By Institutions | 18.59 % | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 54.10 X | |||
| Revenue | 1.14 B | |||
| Gross Profit | 771 M | |||
| EBITDA | 83 M | |||
| Net Income | (54 M) | |||
| Cash And Equivalents | 144.9 M | |||
| Cash Per Share | 0.21 X | |||
| Total Debt | 2.31 B | |||
| Debt To Equity | 1.35 % | |||
| Current Ratio | 2.20 X | |||
| Book Value Per Share | 8.64 X | |||
| Cash Flow From Operations | 184 M | |||
| Earnings Per Share | 0.78 X | |||
| Target Price | 94.1 | |||
| Number Of Employees | 8.1 K | |||
| Beta | 0.79 | |||
| Market Capitalization | 112.79 B | |||
| Total Asset | 14.28 B | |||
| Z Score | 28.8 | |||
| Net Asset | 14.28 B |
About Adevinta ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adevinta ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adevinta ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adevinta ASA 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.
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 Adevinta ASA 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, Adevinta ASA's short interest history, or implied volatility extrapolated from Adevinta ASA options trading.
Pair Trading with Adevinta ASA
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 Adevinta 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 Adevinta ASA will appreciate offsetting losses from the drop in the long position's value.Moving against Adevinta Stock
| 0.43 | QEC | Questerre Energy Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Adevinta 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 Adevinta 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 Adevinta 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 Adevinta ASA to buy it.
The correlation of Adevinta 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 Adevinta ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adevinta 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 Adevinta 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adevinta ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Adevinta ASA information on this page should be used as a complementary analysis to other Adevinta ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Adevinta Stock analysis
When running Adevinta ASA's price analysis, check to measure Adevinta 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 Adevinta ASA is operating at the current time. Most of Adevinta ASA's value examination focuses on studying past and present price action to predict the probability of Adevinta 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 Adevinta ASA's price. Additionally, you may evaluate how the addition of Adevinta ASA to your portfolios can decrease your overall portfolio volatility.
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