American Express Cdr Stock Return On Asset
| AXP Stock | 26.56 0.72 2.79% |
AMERICAN EXPRESS CDR fundamentals help investors to digest information that contributes to AMERICAN EXPRESS's financial success or failures. It also enables traders to predict the movement of AMERICAN Stock. The fundamental analysis module provides a way to measure AMERICAN EXPRESS'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 AMERICAN EXPRESS stock.
AMERICAN |
AMERICAN EXPRESS CDR Company Return On Asset Analysis
AMERICAN EXPRESS'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, AMERICAN EXPRESS CDR has a Return On Asset of 0.0. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Credit Services industry. The return on asset for all Canada stocks is 100.0% lower than that of the firm.
AMERICAN Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AMERICAN EXPRESS'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 AMERICAN EXPRESS could also be used in its relative valuation, which is a method of valuing AMERICAN EXPRESS by comparing valuation metrics of similar companies.AMERICAN EXPRESS is currently under evaluation in return on asset category among its peers.
About AMERICAN EXPRESS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AMERICAN EXPRESS CDR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AMERICAN EXPRESS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AMERICAN EXPRESS CDR 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 AMERICAN EXPRESS
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 AMERICAN EXPRESS 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 AMERICAN EXPRESS will appreciate offsetting losses from the drop in the long position's value.Moving against AMERICAN Stock
| 0.68 | EPF | Everyday People Financial | PairCorr |
| 0.67 | HD | HOME DEPOT CDR | PairCorr |
| 0.59 | IBM | International Business | PairCorr |
| 0.55 | UPS | UPS CDR | PairCorr |
| 0.54 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to AMERICAN EXPRESS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMERICAN EXPRESS 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 AMERICAN EXPRESS - 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 AMERICAN EXPRESS CDR to buy it.
The correlation of AMERICAN EXPRESS 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 AMERICAN EXPRESS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMERICAN EXPRESS CDR 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 AMERICAN EXPRESS 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 AMERICAN Stock
AMERICAN EXPRESS financial ratios help investors to determine whether AMERICAN 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 AMERICAN with respect to the benefits of owning AMERICAN EXPRESS security.