Ecc Games Sa Stock Return On Equity
| ECC Stock | 0.43 0.02 4.88% |
ECC Games SA fundamentals help investors to digest information that contributes to ECC Games' financial success or failures. It also enables traders to predict the movement of ECC Stock. The fundamental analysis module provides a way to measure ECC Games' 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 ECC Games stock.
ECC |
ECC Games SA Company Return On Equity Analysis
ECC Games' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current ECC Games Return On Equity | 20.53 |
Most of ECC Games' fundamental indicators, such as Return On Equity, 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, ECC Games SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, ECC Games SA has a Return On Equity of 20.5297. This is much higher than that of the Consumer Cyclicals sector and significantly higher than that of the Leisure Products industry. The return on equity for all Poland stocks is notably lower than that of the firm.
ECC Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ECC Games' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ECC Games could also be used in its relative valuation, which is a method of valuing ECC Games by comparing valuation metrics of similar companies.ECC Games is currently under evaluation in return on equity category among its peers.
ECC Fundamentals
| Return On Equity | 20.53 | |||
| Net Income | (73.84 K) | |||
| Cash Flow From Operations | (1.48 M) | |||
| Earnings Per Share | 0.05 X | |||
| Market Capitalization | 42.31 M | |||
| Total Asset | 8.14 M | |||
| Net Asset | 8.14 M |
About ECC Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ECC Games SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ECC Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ECC Games SA 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 ECC Games
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 ECC Games 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 ECC Games will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ECC Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECC Games 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 ECC Games - 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 ECC Games SA to buy it.
The correlation of ECC Games 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 ECC Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECC Games SA 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 ECC Games 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 ECC Stock Analysis
When running ECC Games' price analysis, check to measure ECC Games' 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 ECC Games is operating at the current time. Most of ECC Games' value examination focuses on studying past and present price action to predict the probability of ECC Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECC Games' price. Additionally, you may evaluate how the addition of ECC Games to your portfolios can decrease your overall portfolio volatility.