Ultrapar Return On Equity from 2010 to 2024
| UGP Stock | USD 3.15 0.09 2.78% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.18063865 | Current Value 0.11 | Quarterly Volatility 0.04868354 |
Check Ultrapar Participacoes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ultrapar Participacoes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 689.7 M, Interest Expense of 1.7 B or Selling General Administrative of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0131 or PTB Ratio of 2.05. Ultrapar financial statements analysis is a perfect complement when working with Ultrapar Participacoes Valuation or Volatility modules.
Ultrapar | Return On Equity |
Latest Ultrapar Participacoes' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Ultrapar Participacoes SA over the last few years. Return on Equity is the amount of Ultrapar Participacoes net income returned as a percentage of Ultrapar Participacoes equity. Return on equity measures Ultrapar Participacoes profitability by revealing how much profit Ultrapar Participacoes SA 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. Ultrapar Participacoes' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ultrapar Participacoes' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.22 | 10 Years Trend |
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Return On Equity |
| Timeline |
Ultrapar Return On Equity Regression Statistics
| Arithmetic Mean | 0.14 | |
| Geometric Mean | 0.13 | |
| Coefficient Of Variation | 35.50 | |
| Mean Deviation | 0.04 | |
| Median | 0.15 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.1497 | |
| R-Value | (0.18) | |
| Mean Square Error | 0 | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | (0) | |
| Total Sum of Squares | 0.03 |
Ultrapar Return On Equity History
About Ultrapar Participacoes Financial Statements
Ultrapar Participacoes shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Ultrapar Participacoes investors may analyze each financial statement separately, they are all interrelated. The changes in Ultrapar Participacoes' assets and liabilities, for example, are also reflected in the revenues and expenses on on Ultrapar Participacoes' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.18 | 0.11 |
Pair Trading with Ultrapar Participacoes
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 Ultrapar Participacoes 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 Ultrapar Participacoes will appreciate offsetting losses from the drop in the long position's value.Moving together with Ultrapar Stock
Moving against Ultrapar Stock
| 0.9 | EE | Excelerate Energy | PairCorr |
| 0.86 | BDCO | Blue Dolphin Energy | PairCorr |
| 0.83 | AE | Adams Resources Energy | PairCorr |
| 0.79 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.68 | AM | Antero Midstream Partners | PairCorr |
The ability to find closely correlated positions to Ultrapar Participacoes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrapar Participacoes 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 Ultrapar Participacoes - 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 Ultrapar Participacoes SA to buy it.
The correlation of Ultrapar Participacoes 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 Ultrapar Participacoes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrapar Participacoes 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 Ultrapar Participacoes 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.Additional Tools for Ultrapar Stock Analysis
When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' 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 Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.