Aira Capital Public Stock Return On Asset
| AIRA Stock | THB 1.64 0.18 9.89% |
AIRA Capital Public fundamentals help investors to digest information that contributes to AIRA Capital's financial success or failures. It also enables traders to predict the movement of AIRA Stock. The fundamental analysis module provides a way to measure AIRA Capital'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 AIRA Capital stock.
AIRA |
AIRA Capital Public Company Return On Asset Analysis
AIRA Capital's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current AIRA Capital Return On Asset | 0.0071 |
Most of AIRA Capital's fundamental indicators, such as Return On Asset, 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, AIRA Capital Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, AIRA Capital Public has a Return On Asset of 0.0071. This is 101.51% lower than that of the sector and 100.04% lower than that of the Return On Asset industry. The return on asset for all Thailand stocks is 105.07% lower than that of the firm.
AIRA Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AIRA Capital's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AIRA Capital could also be used in its relative valuation, which is a method of valuing AIRA Capital by comparing valuation metrics of similar companies.AIRA Capital is currently under evaluation in return on asset category among related companies.
AIRA Fundamentals
| Return On Equity | 0.0156 | |||
| Return On Asset | 0.0071 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 15.58 B | |||
| Shares Outstanding | 6.31 B | |||
| Shares Owned By Insiders | 86.28 % | |||
| Price To Book | 3.37 X | |||
| Price To Sales | 14.89 X | |||
| Revenue | 1.05 B | |||
| Gross Profit | 858.91 M | |||
| EBITDA | 458.99 M | |||
| Net Income | 126.39 M | |||
| Cash And Equivalents | 1.1 B | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 3.93 B | |||
| Debt To Equity | 0.88 % | |||
| Current Ratio | 1.46 X | |||
| Book Value Per Share | 0.58 X | |||
| Cash Flow From Operations | (1.15 B) | |||
| Earnings Per Share | 0.01 X | |||
| Beta | 0.28 | |||
| Market Capitalization | 12.5 B | |||
| Total Asset | 10.22 B | |||
| Retained Earnings | (113 M) | |||
| Working Capital | 1.97 B | |||
| Current Asset | 4.91 B | |||
| Current Liabilities | 2.94 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 10.22 B |
About AIRA Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AIRA Capital Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AIRA Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AIRA Capital Public 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.
Pair Trading with AIRA Capital
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 AIRA Capital 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 AIRA Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AIRA Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AIRA Capital 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 AIRA Capital - 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 AIRA Capital Public to buy it.
The correlation of AIRA Capital 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 AIRA Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AIRA Capital 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 AIRA Capital 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 AIRA Capital Public. 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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for AIRA Stock analysis
When running AIRA Capital's price analysis, check to measure AIRA Capital'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 AIRA Capital is operating at the current time. Most of AIRA Capital's value examination focuses on studying past and present price action to predict the probability of AIRA Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIRA Capital's price. Additionally, you may evaluate how the addition of AIRA Capital to your portfolios can decrease your overall portfolio volatility.
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