Chaince Return On Assets from 2010 to 2026
| CD Stock | USD 4.46 0.51 10.26% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.11) | Current Value (0.12) | Quarterly Volatility 5.80234584 |
Check Chaince Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chaince Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 577.7 K, Interest Expense of 220.2 K or Selling General Administrative of 1.8 M, as well as many indicators such as Price To Sales Ratio of 390, Dividend Yield of 0.0 or PTB Ratio of 16.3. Chaince financial statements analysis is a perfect complement when working with Chaince Digital Valuation or Volatility modules.
Chaince | Return On Assets | Build AI portfolio with Chaince Stock |
Latest Chaince Digital's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Chaince Digital Holdings 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. Chaince Digital's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chaince Digital's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Chaince Return On Assets Regression Statistics
| Arithmetic Mean | (2.20) | |
| Coefficient Of Variation | (263.88) | |
| Mean Deviation | 2.63 | |
| Median | (0.31) | |
| Standard Deviation | 5.80 | |
| Sample Variance | 33.67 | |
| Range | 24.4341 | |
| R-Value | 0.08 | |
| Mean Square Error | 35.70 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | 0.09 | |
| Total Sum of Squares | 538.68 |
Chaince Return On Assets History
About Chaince Digital Financial Statements
Chaince Digital stakeholders use historical fundamental indicators, such as Chaince Digital's Return On Assets, to determine how well the company is positioned to perform in the future. Although Chaince Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chaince Digital's assets and liabilities are reflected in the revenues and expenses on Chaince Digital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chaince Digital Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.11) | (0.12) |
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Check out the analysis of Chaince Digital Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is IT Consulting & Other Services space 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 Chaince Digital. If investors know Chaince 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 Chaince Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chaince Digital Holdings is measured differently than its book value, which is the value of Chaince that is recorded on the company's balance sheet. Investors also form their own opinion of Chaince Digital's value that differs from its market value or its book value, called intrinsic value, which is Chaince Digital'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 Chaince Digital's market value can be influenced by many factors that don't directly affect Chaince Digital'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 Chaince Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chaince Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chaince Digital'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.