Zymeworks Return On Equity from 2010 to 2024
| ZYME Stock | USD 14.09 0.33 2.29% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.26) | Current Value (0.27) | Quarterly Volatility 0.98535655 |
Check Zymeworks Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zymeworks Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.2 M, Interest Expense of 5.8 M or Selling General Administrative of 41.6 M, as well as many indicators such as Price To Sales Ratio of 8.94, Dividend Yield of 0.0 or PTB Ratio of 1.46. Zymeworks financial statements analysis is a perfect complement when working with Zymeworks Common Valuation or Volatility modules.
Zymeworks | Return On Equity |
Latest Zymeworks Common's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Zymeworks Common Stock over the last few years. Return on Equity is the amount of Zymeworks Common Stock net income returned as a percentage of Zymeworks Common equity. Return on equity measures Zymeworks Common profitability by revealing how much profit Zymeworks 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. Zymeworks Common's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zymeworks Common's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.29 | 10 Years Trend |
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Return On Equity |
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Zymeworks Return On Equity Regression Statistics
| Arithmetic Mean | (0.49) | |
| Geometric Mean | 0.40 | |
| Coefficient Of Variation | (201.49) | |
| Mean Deviation | 0.56 | |
| Median | (0.33) | |
| Standard Deviation | 0.99 | |
| Sample Variance | 0.97 | |
| Range | 4.256 | |
| R-Value | 0.14 | |
| Mean Square Error | 1.03 | |
| R-Squared | 0.02 | |
| Significance | 0.63 | |
| Slope | 0.03 | |
| Total Sum of Squares | 13.59 |
Zymeworks Return On Equity History
About Zymeworks Common Financial Statements
Zymeworks Common stakeholders use historical fundamental indicators, such as Zymeworks Common's Return On Equity, to determine how well the company is positioned to perform in the future. Although Zymeworks Common investors may analyze each financial statement separately, they are all interrelated. For example, changes in Zymeworks Common's assets and liabilities are reflected in the revenues and expenses on Zymeworks Common'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 Zymeworks Common Stock. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.26) | (0.27) |
Also Currently Popular
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 Zymeworks Common Stock is a strong investment it is important to analyze Zymeworks Common's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zymeworks Common's future performance. For an informed investment choice regarding Zymeworks Stock, refer to the following important reports:Check out the analysis of Zymeworks Common Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology 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 Zymeworks Common. If investors know Zymeworks 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 Zymeworks Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.49) | Revenue Per Share 0.831 | Quarterly Revenue Growth (0.03) | Return On Assets (0.15) | Return On Equity (0.29) |
The market value of Zymeworks Common Stock is measured differently than its book value, which is the value of Zymeworks that is recorded on the company's balance sheet. Investors also form their own opinion of Zymeworks Common's value that differs from its market value or its book value, called intrinsic value, which is Zymeworks Common'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 Zymeworks Common's market value can be influenced by many factors that don't directly affect Zymeworks Common'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 Zymeworks Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zymeworks Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zymeworks Common'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.