Elysee Development Corp Stock Return On Equity

ASXSF Stock  USD 0.21  0.02  8.70%   
Elysee Development Corp fundamentals help investors to digest information that contributes to Elysee Development's financial success or failures. It also enables traders to predict the movement of Elysee Pink Sheet. The fundamental analysis module provides a way to measure Elysee Development'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 Elysee Development pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elysee Return On Equity Analysis

Elysee Development'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Elysee Development Return On Equity

    
  -0.24  
Most of Elysee Development'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, Elysee Development Corp 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, Elysee Development Corp has a Return On Equity of -0.24. This is 116.55% lower than that of the Financial Services sector and 103.56% lower than that of the Asset Management industry. The return on equity for all United States stocks is 22.58% lower than that of the firm.

Elysee Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elysee Development's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elysee Development could also be used in its relative valuation, which is a method of valuing Elysee Development by comparing valuation metrics of similar companies.
Elysee Development is currently under evaluation in return on equity category among related companies.

Elysee Fundamentals

About Elysee Development Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elysee Development Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elysee Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elysee Development Corp 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.
Elysee Development Corp. operates as an investment and venture capital firm that makes growth capital investments. Elysee Development Corp. was incorporated in 1996 and is headquartered in Vancouver, Canada. Alberta Star operates under Asset Management classification in the United States and is traded on OTC Exchange.
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 Elysee Development 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, Elysee Development's short interest history, or implied volatility extrapolated from Elysee Development options trading.

Pair Trading with Elysee Development

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 Elysee Development 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 Elysee Development will appreciate offsetting losses from the drop in the long position's value.

Moving against Elysee Pink Sheet

  0.81ARES Ares Management LP Financial Report 26th of April 2024 PairCorr
  0.79APO Apollo Global Management Financial Report 14th of May 2024 PairCorr
  0.7PPERY Bank Mandiri PerseroPairCorr
  0.63IVSBF Investor AB SerPairCorr
  0.63IVSXF Investor ABPairCorr
The ability to find closely correlated positions to Elysee Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elysee Development 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 Elysee Development - 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 Elysee Development Corp to buy it.
The correlation of Elysee Development 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 Elysee Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elysee Development Corp 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 Elysee Development 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
Check out Elysee Development Piotroski F Score and Elysee Development Altman Z Score analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Elysee Development's price analysis, check to measure Elysee Development'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 Elysee Development is operating at the current time. Most of Elysee Development's value examination focuses on studying past and present price action to predict the probability of Elysee Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elysee Development's price. Additionally, you may evaluate how the addition of Elysee Development to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Elysee Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elysee Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elysee Development'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.