Close Brothers Group Stock Return On Asset
| CBGPY Stock | USD 12.09 0.13 1.09% |
Close Brothers Group fundamentals help investors to digest information that contributes to Close Brothers' financial success or failures. It also enables traders to predict the movement of Close Pink Sheet. The fundamental analysis module provides a way to measure Close Brothers' 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 Close Brothers pink sheet.
Close |
Close Brothers Group Company Return On Asset Analysis
Close Brothers' 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 Close Brothers Return On Asset | 0.0134 |
Most of Close Brothers' 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, Close Brothers Group 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, Close Brothers Group has a Return On Asset of 0.0134. This is 102.85% lower than that of the Financial Services sector and 100.08% lower than that of the Capital Markets industry. The return on asset for all United States stocks is 109.57% lower than that of the firm.
Close Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Close Brothers' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Close Brothers could also be used in its relative valuation, which is a method of valuing Close Brothers by comparing valuation metrics of similar companies.Close Brothers is currently under evaluation in return on asset category among related companies.
Close Fundamentals
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0134 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 4.06 B | |||
| Shares Outstanding | 75.18 M | |||
| Price To Earning | 12.76 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 2.16 X | |||
| Revenue | 1.01 B | |||
| Gross Profit | 904.7 M | |||
| EBITDA | 445.1 M | |||
| Net Income | 232.8 M | |||
| Cash And Equivalents | 1.68 B | |||
| Cash Per Share | 22.52 X | |||
| Total Debt | 2.96 B | |||
| Debt To Equity | 1.77 % | |||
| Book Value Per Share | 22.24 X | |||
| Cash Flow From Operations | 158.7 M | |||
| Earnings Per Share | 2.66 X | |||
| Number Of Employees | 3.89 K | |||
| Beta | 0.93 | |||
| Market Capitalization | 1.82 B | |||
| Total Asset | 12.68 B | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 12.68 B | |||
| Last Dividend Paid | 0.66 |
About Close Brothers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Close Brothers Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Close Brothers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Close Brothers Group 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 Close Brothers
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 Close Brothers 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 Close Brothers will appreciate offsetting losses from the drop in the long position's value.Moving against Close Pink Sheet
| 0.64 | TRV | The Travelers Companies Sell-off Trend | PairCorr |
| 0.63 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.55 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.49 | IBM | International Business Financial Report 17th of July 2024 | PairCorr |
| 0.48 | MS-PK | Morgan Stanley | PairCorr |
The ability to find closely correlated positions to Close Brothers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Close Brothers 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 Close Brothers - 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 Close Brothers Group to buy it.
The correlation of Close Brothers 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 Close Brothers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Close Brothers Group 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 Close Brothers 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 Close Brothers Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Close Pink Sheet analysis
When running Close Brothers' price analysis, check to measure Close Brothers' 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 Close Brothers is operating at the current time. Most of Close Brothers' value examination focuses on studying past and present price action to predict the probability of Close Brothers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Close Brothers' price. Additionally, you may evaluate how the addition of Close Brothers to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |