Solution Advanced Technology Stock Return On Asset
| 351320 Stock | 1,500 2.00 0.13% |
Solution Advanced Technology fundamentals help investors to digest information that contributes to Solution Advanced's financial success or failures. It also enables traders to predict the movement of Solution Stock. The fundamental analysis module provides a way to measure Solution Advanced's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solution Advanced stock.
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Solution Advanced Technology Company Return On Asset Analysis
Solution Advanced's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Based on the latest financial disclosure, Solution Advanced Technology has a Return On Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Return On Asset (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).
Solution Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solution Advanced's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solution Advanced could also be used in its relative valuation, which is a method of valuing Solution Advanced by comparing valuation metrics of similar companies.Solution Advanced is currently under evaluation in return on asset category among its peers.
About Solution Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solution Advanced Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solution Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solution Advanced Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Solution Advanced
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 Solution Advanced 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 Solution Advanced will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Solution Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Advanced 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 Solution Advanced - 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 Solution Advanced Technology to buy it.
The correlation of Solution Advanced 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 Solution Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solution Advanced 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 Solution Advanced 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 Solution Stock
Solution Advanced financial ratios help investors to determine whether Solution 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 Solution with respect to the benefits of owning Solution Advanced security.