Provision Information Coltd Stock Return On Asset
| 6590 Stock | TWD 70.60 0.10 0.14% |
Provision Information CoLtd fundamentals help investors to digest information that contributes to Provision Information's financial success or failures. It also enables traders to predict the movement of Provision Stock. The fundamental analysis module provides a way to measure Provision Information'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 Provision Information stock.
Provision |
Provision Information CoLtd Company Return On Asset Analysis
Provision Information'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.
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Based on the latest financial disclosure, Provision Information CoLtd has a Return On Asset of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Software - Application industry. The return on asset for all Taiwan stocks is 100.0% lower than that of the firm.
Provision Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provision Information'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 Provision Information could also be used in its relative valuation, which is a method of valuing Provision Information by comparing valuation metrics of similar companies.Provision Information is currently under evaluation in return on asset category among its peers.
Provision Fundamentals
| Price To Earning | 17.48 X | |||
| EBITDA | 43.18 M | |||
| Net Income | 26.48 M | |||
| Cash And Equivalents | 68.48 M | |||
| Cash Per Share | 4.50 X | |||
| Total Debt | 60.85 M | |||
| Debt To Equity | 22.00 % | |||
| Current Ratio | 2.26 X | |||
| Book Value Per Share | 17.43 X | |||
| Cash Flow From Operations | 22.1 M | |||
| Earnings Per Share | 1.92 X | |||
| Number Of Employees | 12 | |||
| Beta | -0.02 | |||
| Market Capitalization | 510.04 M | |||
| Z Score | 4.8 | |||
| Last Dividend Paid | 1.5 |
About Provision Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provision Information CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provision Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provision Information CoLtd 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 Provision Information
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 Provision Information 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 Provision Information will appreciate offsetting losses from the drop in the long position's value.Moving against Provision Stock
The ability to find closely correlated positions to Provision Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Provision Information 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 Provision Information - 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 Provision Information CoLtd to buy it.
The correlation of Provision Information 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 Provision Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Provision Information 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 Provision Information 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 Provision Stock Analysis
When running Provision Information's price analysis, check to measure Provision Information's 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 Provision Information is operating at the current time. Most of Provision Information's value examination focuses on studying past and present price action to predict the probability of Provision Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provision Information's price. Additionally, you may evaluate how the addition of Provision Information to your portfolios can decrease your overall portfolio volatility.