Noco Roe from 2010 to 2024

NCNC Stock   0.10  0.03  23.08%   
Noco Noco's ROE is increasing over the years with slightly volatile fluctuation. Overall, ROE is expected to go to 4.31 this year. During the period from 2010 to 2024 Noco Noco ROE annual values regression line had geometric mean of  0.87 and mean square error of  1.21. View All Fundamentals
 
ROE  
First Reported
2010-12-31
Previous Quarter
4.11
Current Value
4.31
Quarterly Volatility
1.55642284
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noco Noco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noco Noco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 K, Selling General Administrative of 20.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Noco financial statements analysis is a perfect complement when working with Noco Noco Valuation or Volatility modules.
  
Check out the analysis of Noco Noco Correlation against competitors.

Latest Noco Noco's Roe Growth Pattern

Below is the plot of the Roe of noco noco Ordinary Share over the last few years. It is Noco Noco's ROE historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noco Noco's overall financial position and show how it may be relating to other accounts over time.
Roe10 Years Trend
Slightly volatile
   Roe   
       Timeline  

Noco Roe Regression Statistics

Arithmetic Mean1.35
Geometric Mean0.87
Coefficient Of Variation114.96
Mean Deviation1.19
Median0.54
Standard Deviation1.56
Sample Variance2.42
Range4.024
R-Value0.73
Mean Square Error1.21
R-Squared0.53
Significance0
Slope0.25
Total Sum of Squares33.91

Noco Roe History

2024 4.31
2023 4.11
2022 4.57
2021 1.37

About Noco Noco Financial Statements

Noco Noco stakeholders use historical fundamental indicators, such as Noco Noco's Roe, to determine how well the company is positioned to perform in the future. Although Noco Noco investors may analyze each financial statement separately, they are all interrelated. For example, changes in Noco Noco's assets and liabilities are reflected in the revenues and expenses on Noco Noco'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 noco noco Ordinary Share. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROE 4.11  4.31 

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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.
When determining whether noco noco Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noco Noco'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 Noco Noco Ordinary Share Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noco Noco Ordinary Share Stock:
Check out the analysis of Noco Noco Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automotive Parts & Equipment 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 Noco Noco. If investors know Noco 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 Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Return On Assets
(25.07)
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco'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 Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco'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 Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.