Hydract As Stock Return On Equity
| HYDRCT Stock | DKK 0.31 0.07 29.17% |
Hydract AS fundamentals help investors to digest information that contributes to Hydract AS's financial success or failures. It also enables traders to predict the movement of Hydract Stock. The fundamental analysis module provides a way to measure Hydract AS'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 Hydract AS stock.
Hydract |
Hydract AS Company Return On Equity Analysis
Hydract AS's 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 Hydract AS Return On Equity | -0.12 |
Most of Hydract AS's 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, Hydract AS 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, Hydract AS has a Return On Equity of -0.1232. This is 128.0% lower than that of the Industrials sector and significantly lower than that of the Specialty Industrial Machinery industry. The return on equity for all Denmark stocks is 60.26% lower than that of the firm.
Hydract Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hydract AS's 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 Hydract AS could also be used in its relative valuation, which is a method of valuing Hydract AS by comparing valuation metrics of similar companies.Hydract AS is currently under evaluation in return on equity category among its peers.
Hydract Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0867 | |||
| Profit Margin | (1.52) % | |||
| Operating Margin | (2.00) % | |||
| Current Valuation | 104.2 M | |||
| Shares Outstanding | 20.96 M | |||
| Shares Owned By Institutions | 4.05 % | |||
| Price To Book | 2.94 X | |||
| Price To Sales | 42.05 X | |||
| Revenue | 5.87 M | |||
| Gross Profit | 796.21 K | |||
| EBITDA | (5.74 M) | |||
| Net Income | (4.49 M) | |||
| Total Debt | 1.14 M | |||
| Book Value Per Share | 1.81 X | |||
| Cash Flow From Operations | (6.09 M) | |||
| Market Capitalization | 126.27 M | |||
| Total Asset | 50.73 M | |||
| Z Score | 66.0 | |||
| Net Asset | 50.73 M |
About Hydract AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hydract AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hydract AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hydract AS 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 Hydract AS
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 Hydract AS 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 Hydract AS will appreciate offsetting losses from the drop in the long position's value.Moving together with Hydract Stock
Moving against Hydract Stock
The ability to find closely correlated positions to Hydract AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydract AS 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 Hydract AS - 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 Hydract AS to buy it.
The correlation of Hydract AS 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 Hydract AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydract AS 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 Hydract AS 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 Hydract Stock
Hydract AS financial ratios help investors to determine whether Hydract 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 Hydract with respect to the benefits of owning Hydract AS security.