Centor Energy Stock Return On Asset
Centor Energy fundamentals help investors to digest information that contributes to Centor Energy's financial success or failures. It also enables traders to predict the movement of Centor Stock. The fundamental analysis module provides a way to measure Centor Energy'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 Centor Energy stock.
As of the 27th of November 2024, Return On Assets is likely to drop to -1.11. Centor | Return On Asset |
Centor Energy Company Return On Asset Analysis
Centor Energy'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.
Current Centor Energy Return On Asset | -6.09 |
Most of Centor Energy's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Centor Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Centor Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Centor Energy is extremely important. It helps to project a fair market value of Centor Stock properly, considering its historical fundamentals such as Return On Asset. Since Centor Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Centor Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Centor Energy's interrelated accounts and indicators.
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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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Centor Total Assets
Total Assets |
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Based on the latest financial disclosure, Centor Energy has a Return On Asset of -6.0883. This is 922.74% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is notably higher than that of the company.
Centor Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Centor Energy'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 Centor Energy could also be used in its relative valuation, which is a method of valuing Centor Energy by comparing valuation metrics of similar companies.Centor Energy is currently under evaluation in return on asset category among its peers.
Centor Fundamentals
| Return On Asset | -6.09 | ||||
| Current Valuation | 684.3 K | ||||
| Shares Outstanding | 68.96 M | ||||
| Price To Earning | (0.14) X | ||||
| EBITDA | (287.84 K) | ||||
| Net Income | (87.93 K) | ||||
| Cash And Equivalents | 11.53 K | ||||
| Total Debt | 197.47 K | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (36.92 K) | ||||
| Beta | 311.3 | ||||
| Market Capitalization | 213.79 K | ||||
| Total Asset | 137.25 K | ||||
| Retained Earnings | (163.59 K) | ||||
| Working Capital | (612 K) | ||||
| Current Asset | 12 K | ||||
| Current Liabilities | 624 K | ||||
| Net Asset | 137.25 K |
About Centor Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Centor Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centor Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centor Energy 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 Centor Energy
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 Centor Energy 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 Centor Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Centor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centor Energy 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 Centor Energy - 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 Centor Energy to buy it.
The correlation of Centor Energy 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 Centor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centor Energy 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 Centor Energy 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.Check out Centor Energy Piotroski F Score and Centor Energy Altman Z Score analysis. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Diversified Metals & Mining 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 Centor Energy. If investors know Centor 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 Centor Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (6.09) |
The market value of Centor Energy is measured differently than its book value, which is the value of Centor that is recorded on the company's balance sheet. Investors also form their own opinion of Centor Energy's value that differs from its market value or its book value, called intrinsic value, which is Centor Energy'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 Centor Energy's market value can be influenced by many factors that don't directly affect Centor Energy'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 Centor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centor Energy'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.