Lottery, Return On Equity from 2010 to 2024

LTRY Stock  USD 0.32  0.01  3.03%   
Lottery, Common Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.75 in 2024. Return On Equity is a measure of the profitability of Lottery, Common Stock in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.71)
Current Value
(0.75)
Quarterly Volatility
0.34554534
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lottery, Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lottery, Common's main balance sheet or income statement drivers, such as Gross Profit of 775.3 K, Other Operating Expenses of 32.2 M or Cost Of Revenue of 6.2 M, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0 or PTB Ratio of 0.19. Lottery, financial statements analysis is a perfect complement when working with Lottery, Common Valuation or Volatility modules.
  
Check out the analysis of Lottery, Common Correlation against competitors.

Latest Lottery, Common's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Lottery, Common Stock over the last few years. Return on Equity is the amount of Lottery, Common Stock net income returned as a percentage of Lottery, Common equity. Return on equity measures Lottery, Common profitability by revealing how much profit Lottery, Common Stock generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Lottery, Common's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lottery, Common's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.6910 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Lottery, Return On Equity Regression Statistics

Arithmetic Mean(0.24)
Geometric Mean0.06
Coefficient Of Variation(145.59)
Mean Deviation0.29
Median(0.02)
Standard Deviation0.35
Sample Variance0.12
Range1.0232
R-Value(0.76)
Mean Square Error0.05
R-Squared0.58
Significance0.0009
Slope(0.06)
Total Sum of Squares1.67

Lottery, Return On Equity History

2024 -0.75
2023 -0.71
2022 -1.02
2021 -0.0692
2020 -0.35
2019 -0.53
2018 0.006914

About Lottery, Common Financial Statements

Lottery, Common investors use historical fundamental indicators, such as Lottery, Common's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Lottery, Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.71)(0.75)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Lottery, Stock Analysis

When running Lottery, Common's price analysis, check to measure Lottery, Common'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 Lottery, Common is operating at the current time. Most of Lottery, Common's value examination focuses on studying past and present price action to predict the probability of Lottery, Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Common's price. Additionally, you may evaluate how the addition of Lottery, Common to your portfolios can decrease your overall portfolio volatility.