Keg Financial Statements From 2010 to 2024
| KEG-UN Stock | CAD 15.18 0.09 0.59% |
Check Keg Royalties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Keg Royalties' main balance sheet or income statement drivers, such as , as well as many indicators such as . Keg financial statements analysis is a perfect complement when working with Keg Royalties Valuation or Volatility modules.
Keg |
The Keg Royalties Company Return On Asset Analysis
Keg Royalties' 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 Keg Royalties Return On Asset | 0.0802 |
Most of Keg Royalties' 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, The Keg Royalties 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, The Keg Royalties has a Return On Asset of 0.0802. This is 92.64% lower than that of the Hotels, Restaurants & Leisure sector and 98.78% lower than that of the Consumer Discretionary industry. The return on asset for all Canada stocks is 157.29% lower than that of the firm.
Keg Royalties Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Keg Royalties's current stock value. Our valuation model uses many indicators to compare Keg Royalties value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Keg Royalties competition to find correlations between indicators driving Keg Royalties's intrinsic value. More Info.The Keg Royalties is rated fifth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about 1.87 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Keg Royalties by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Keg Royalties' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Keg Royalties Financial Statements
Keg Royalties stakeholders use historical fundamental indicators, such as Keg Royalties' revenue or net income, to determine how well the company is positioned to perform in the future. Although Keg Royalties investors may analyze each financial statement separately, they are all interrelated. For example, changes in Keg Royalties' assets and liabilities are reflected in the revenues and expenses on Keg Royalties' 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 The Keg Royalties. Please read more on our technical analysis and fundamental analysis pages.
The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The Keg Royalties Income Fund was founded in 2002 and is headquartered in Richmond, Canada. KEG ROYALTIES operates under Restaurants classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Keg Royalties
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 Keg Royalties 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 Keg Royalties will appreciate offsetting losses from the drop in the long position's value.Moving together with Keg Stock
Moving against Keg Stock
The ability to find closely correlated positions to Keg Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keg Royalties 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 Keg Royalties - 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 The Keg Royalties to buy it.
The correlation of Keg Royalties 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 Keg Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keg Royalties 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 Keg Royalties 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.Other Information on Investing in Keg Stock
Keg Royalties financial ratios help investors to determine whether Keg Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Keg with respect to the benefits of owning Keg Royalties security.