Coastal Return On Assets from 2010 to 2024

CCB Stock  USD 38.08  0.30  0.78%   
Coastal Financial's Return On Assets are increasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit Coastal Financial Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01179121
Current Value
0.007038
Quarterly Volatility
0.0029594
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Coastal Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coastal main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 96.2 M or Selling General Administrative of 76.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 3.92. Coastal financial statements analysis is a perfect complement when working with Coastal Financial Valuation or Volatility modules.
  
This module can also supplement Coastal Financial's financial leverage analysis and stock options assessment as well as various Coastal Financial Technical models . Check out the analysis of Coastal Financial Correlation against competitors.

Latest Coastal Financial's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Coastal Financial Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Coastal Financial's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coastal Financial's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Coastal Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation38.25
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000876
Range0.0086
R-Value0.79
Mean Square Error0.0000035
R-Squared0.63
Significance0.0004
Slope0.0005
Total Sum of Squares0.0001

Coastal Return On Assets History

2024 0.007038
2023 0.0118
2022 0.0129
2020 0.008576
2019 0.0117
2018 0.0102
2017 0.006746

About Coastal Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Coastal Financial income statement, its balance sheet, and the statement of cash flows. Coastal Financial investors use historical funamental indicators, such as Coastal Financial's Return On Assets, to determine how well the company is positioned to perform in the future. Although Coastal Financial investors may use each financial statement separately, they are all related. The changes in Coastal Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coastal Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Coastal Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Coastal Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

Pair Trading with Coastal Financial

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 Coastal Financial 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 Coastal Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Coastal Stock

  0.75AX Axos Financial Financial Report 25th of April 2024 PairCorr
  0.9BY Byline Bancorp Report 25th of April 2024 PairCorr
  0.75PB Prosperity Bancshares Report 24th of April 2024 PairCorr

Moving against Coastal Stock

  0.86KB KB Financial Group Financial Report 20th of May 2024 PairCorr
  0.86WF Woori Financial Group Earnings Call This WeekPairCorr
  0.74NU Nu Holdings Financial Report 20th of May 2024 PairCorr
  0.66TFC-PI Truist FinancialPairCorr
  0.58CFG-PD Citizens FinancialPairCorr
The ability to find closely correlated positions to Coastal Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coastal Financial 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 Coastal Financial - 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 Coastal Financial Corp to buy it.
The correlation of Coastal Financial 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 Coastal Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coastal Financial 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 Coastal Financial 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
When determining whether Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:
Check out the analysis of Coastal Financial Correlation against competitors.
Note that the Coastal Financial Corp information on this page should be used as a complementary analysis to other Coastal Financial'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Coastal Stock analysis

When running Coastal Financial's price analysis, check to measure Coastal Financial'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 Coastal Financial is operating at the current time. Most of Coastal Financial's value examination focuses on studying past and present price action to predict the probability of Coastal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coastal Financial's price. Additionally, you may evaluate how the addition of Coastal Financial to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Coastal Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coastal Financial. If investors know Coastal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coastal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.32)
Earnings Share
3.27
Revenue Per Share
19.749
Quarterly Revenue Growth
0.015
Return On Assets
0.0129
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial'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.