Empresas Financial Statements From 2010 to 2024
| TRICOT Stock | CLP 432.40 2.40 0.56% |
Check Empresas Tricot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empresas Tricot's main balance sheet or income statement drivers, such as , as well as many indicators such as . Empresas financial statements analysis is a perfect complement when working with Empresas Tricot Valuation or Volatility modules.
Empresas |
Empresas Tricot SA Company Return On Equity Analysis
Empresas Tricot's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Empresas Tricot Return On Equity | 0.13 |
Most of Empresas Tricot's fundamental indicators, such as Return On Equity, 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, Empresas Tricot SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Empresas Tricot SA has a Return On Equity of 0.1346. This is 96.26% lower than that of the Consumer Cyclical sector and 98.2% lower than that of the Apparel Stores industry. The return on equity for all Chile stocks is 143.42% lower than that of the firm.
Empresas Tricot SA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Empresas Tricot's current stock value. Our valuation model uses many indicators to compare Empresas Tricot value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Empresas Tricot competition to find correlations between indicators driving Empresas Tricot's intrinsic value. More Info.Empresas Tricot SA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Empresas Tricot SA is roughly 3.41 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Empresas Tricot by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Empresas Tricot's 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 Empresas Tricot Financial Statements
Empresas Tricot stakeholders use historical fundamental indicators, such as Empresas Tricot's revenue or net income, to determine how well the company is positioned to perform in the future. Although Empresas Tricot investors may analyze each financial statement separately, they are all interrelated. For example, changes in Empresas Tricot's assets and liabilities are reflected in the revenues and expenses on Empresas Tricot'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 Empresas Tricot SA. Please read more on our technical analysis and fundamental analysis pages.
The company offers coats, blouses, footwear products, jackets, sports products, skirts, jeans, wool products, leggings, pants, polars, parkas, T-shirts, polerones, underwear products, dresses, and accessories for women and footwear products, haberdashery products, jackets, sports products, jeans, wool products, pants, parkas, polars, T-shirts, polerones, underwear products, and accessories for men. The company was founded in 1952 and is based in Macul, Chile. EMPRESAS TRICOT is traded on Commodity Exchange in Exotistan.
Pair Trading with Empresas Tricot
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 Empresas Tricot 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 Empresas Tricot will appreciate offsetting losses from the drop in the long position's value.Moving against Empresas Stock
The ability to find closely correlated positions to Empresas Tricot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empresas Tricot 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 Empresas Tricot - 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 Empresas Tricot SA to buy it.
The correlation of Empresas Tricot 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 Empresas Tricot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empresas Tricot SA 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 Empresas Tricot 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 Empresas Stock
Empresas Tricot financial ratios help investors to determine whether Empresas 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 Empresas with respect to the benefits of owning Empresas Tricot security.