Janone Inc Stock Return On Asset

Summary

Janone Inc fundamentals help investors to digest information that contributes to Janone's financial success or failures. It also enables traders to predict the movement of Janone Stock. The fundamental analysis module provides a way to measure Janone'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 Janone stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Janone Inc Company Return On Asset Analysis

Janone'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

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Janone Return On Asset

-0.13

Most of Janone'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, Janone Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

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.

Competition

Based on the latest financial disclosure, Janone Inc has a Return On Asset of -0.1273. This is 75.04% lower than that of the Commercial Services & Supplies sector and 98.81% lower than that of the Industrials industry. The return on asset for all United States stocks is 9.07% lower than that of the firm.

Janone Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Janone'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 Janone could also be used in its relative valuation, which is a method of valuing Janone by comparing valuation metrics of similar companies.

Janone is currently under evaluation in return on asset category among its peers.

Janone Fundamentals

	Return On Equity	-1.04
	Return On Asset	-0.13
	Current Valuation	21.71 M
	Shares Outstanding	12.17 M
	Shares Owned By Insiders	0.93 %
	Shares Owned By Institutions	5.32 %
	Number Of Shares Shorted	164.99 K
	Price To Earning	(10.28) X
	Price To Book	5.00 X
	Price To Sales	0.13 X
	Revenue	39.61 M
	Gross Profit	7.62 M
	EBITDA	(3.25 M)
	Net Income	(17.09 M)
	Cash And Equivalents	1.18 M
	Cash Per Share	0.38 X
	Total Debt	707 K
	Debt To Equity	2.22 %
	Current Ratio	0.36 X
	Book Value Per Share	(0.56) X
	Cash Flow From Operations	1.46 M
	Short Ratio	1.28 X
	Earnings Per Share	(4.40) X
	Target Price	4.0
	Beta	2.16
	Market Capitalization	27.14 M
	Total Asset	18.49 M
	Retained Earnings	(50.63 M)
	Working Capital	(5.56 M)
	Current Asset	12.52 M
	Current Liabilities	11.45 M
	Net Asset	18.49 M

About Janone Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Janone Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Janone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Janone Inc 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 Janone

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 Janone 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 Janone will appreciate offsetting losses from the drop in the long position's value.

Moving together with Janone Stock

0.68	BKRKF	PT Bank Rakyat	Pair Corr
0.76	PPERF	Bank Mandiri Persero	Pair Corr
0.87	PPERY	Bank Mandiri Persero	Pair Corr
0.62	PBCRY	Bank Central Asia	Pair Corr

Moving against Janone Stock

0.87	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.84	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.84	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.83	BAC	Bank of America Aggressive Push	Pair Corr
0.8	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

The ability to find closely correlated positions to Janone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Janone 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 Janone - 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 Janone Inc to buy it.

The correlation of Janone 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 Janone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Janone Inc 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 Janone 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.

Pair Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in Janone Stock

If you are still planning to invest in Janone Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Janone's history and understand the potential risks before investing.

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