Sozap Publ Net Income vs. Return On Asset
| SOZAP Stock | 0.31 0.01 3.33% |
For Sozap Publ profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sozap Publ to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sozap Publ AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sozap Publ's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sozap Publ AB over time as well as its relative position and ranking within its peers.
Sozap |
Sozap Publ AB Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sozap Publ's current stock value. Our valuation model uses many indicators to compare Sozap Publ value to that of its competitors to determine the firm's financial worth. Sozap Publ AB is rated below average in net income category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sozap Publ's earnings, one of the primary drivers of an investment's value.Sozap Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Sozap Publ |
| = | (8.17 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Sozap Publ |
| = | -0.2 |
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.
Sozap Return On Asset Comparison
Sozap Publ is currently under evaluation in return on asset category among its peers.
Sozap Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sozap Publ. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sozap Publ position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sozap Publ's important profitability drivers and their relationship over time.
Use Sozap Publ in pair-trading
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 Sozap Publ 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 Sozap Publ will appreciate offsetting losses from the drop in the long position's value.Sozap Publ Pair Trading
Sozap Publ AB Pair Trading Analysis
The ability to find closely correlated positions to Sozap Publ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sozap Publ 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 Sozap Publ - 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 Sozap Publ AB to buy it.
The correlation of Sozap Publ 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 Sozap Publ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sozap Publ AB 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 Sozap Publ 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.Use Investing Themes to Complement your Sozap Publ position
In addition to having Sozap Publ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Video Games
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Video Games Theme or any other thematic opportunities.
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Additional Tools for Sozap Stock Analysis
When running Sozap Publ's price analysis, check to measure Sozap Publ'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 Sozap Publ is operating at the current time. Most of Sozap Publ's value examination focuses on studying past and present price action to predict the probability of Sozap Publ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sozap Publ's price. Additionally, you may evaluate how the addition of Sozap Publ to your portfolios can decrease your overall portfolio volatility.